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  1. Energy Prices: Mississippi electric rates rise with natural gas prices

      JACKSON, Miss. (AP) — Some power company customers in Mississippi will see higher bills in February as two private electric utilities pass along rebounding natural gas costs. The Mississippi Public Service Commission voted Thursday to approve higher fuel costs for both Entergy Mississippi and Mississippi Power Co. Residential customers of Entergy who use 1,000 kilowatt hours monthly will see bills rise by $7 to $99.28. The rate increase is expected to raise revenues of the unit of New Orleans-based Entergy by $90 million over what it collected in 2016, Entergy attorney Shelly Mott Bass said. Typical residential bills for Mississippi Power Co. customers will rise $6.45 per month to about $131. The U.S. Energy Information Administration reports the average residential customer paid $125.70 a month for 1,000 kwh of electricity in the first 10 months of 2016. Mississippi regulators typically look at fuel cost projections at the beginning of each year, making estimates for the upcoming year and adjusting rates to account for missed estimates from the previous year. Utilities get to pass the cost of fuel to customers, but aren't supposed to make a profit. Natural gas prices fell from 2014 to 2016, ultimately hitting historic lows. That meant multiple rate cuts at both private utilities, because companies collected too much based on previous projections. Each cut monthly residential rates by about $20, and even after February's increases, rates at each will remain lower than in January 2016. "Rates have been unusually suppressed for the past 12 months," Bass said. Entergy relied on natural gas to generate 50 percent of the power it sold to Mississippi customers through the first 10 months of 2016. Spokesman Jeff Shepard said it's the first time that Mississippi Power has asked for a fuel increase since 2009 "When fuel price is lower than expected, the cheaper cost is passed on to customers the following year," he said. "On the flipside, when fuel price is higher than expected, the difference is requested to break even."

    Online Articles

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    Sat, 14 Jan 2017

  2. Power Prices Fall in 2016 Due to Lower Natural Gas Values

    The U.S. Energy Information Administration’s report indicated monthly prices ranged from $20 to $45 per MWh.

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    Fri, 13 Jan 2017

  3. Oil and Gas: No spill reported from derailed tanker cars with natural gas

    Authorities say four train cars carrying liquefied petroleum gas have derailed in a Los Angeles suburb but there's no spill and nobody has been hurt.

    Online Articles

    Online Articles

    Sat, 14 Jan 2017

  4. Oil and Gas: State close to completing review at major gas blowout site

    More than a year after a blowout at a natural gas facility drove thousands from their Los Angeles homes, state officials showed off repairs and improvements as they work to complete a safety review that could lead to resumed operations.

    Online Articles

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    Sat, 14 Jan 2017

  1. PetroVietnam and ExxonMobil to develop Vietnamese gas project

    Online Articles

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    Mon, 16 Jan 2017

  2. Norman becomes UK energy minister

    Jesse Norman has been named UK parliamentary undersecretary of state, minister for industry and energy, a position that includes regulation of oil and natural gas .

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    Fri, 13 Jan 2017

  3. API official lists policy areas for upcoming confirmation hearings

    US senators considering nominees to lead the US Departments of the Interior and Energy and the Environmental Protection Agency should ask about ways policies can be improved to create jobs, benefit consumers, and improve the general economy and domestic energy security, an American Petroleum ...

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    Fri, 13 Jan 2017

  4. AVAD Energy Partners sees equity commitment from Pearl Energy Investments, Natural Gas Partners

    AVAD Energy Partners LLC, a newly formed oil and natural gas production company, has raised $77.5 million from Pearl Energy Investments, Natural Gas Partners, and management.

    Online Articles

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    Thu, 12 Jan 2017

  5. ExxonMobil develops efficient new technology to dehydrate natural gas

    This “in-line” technology could be deployed at both land-based and offshore natural gas production operations.

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    Fri, 6 Jan 2017

  6. SoCalGas to use fiber optic technology to monitor gas pipelines in real time

    Southern California Gas Company will be one of the first natural gas utilities in the U.S. to incorporate innovative fiber optic cable technology to detect impacts and leaks along its transmission and high-pressure gas pipeline systems. 

    Online Articles

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    Thu, 12 Jan 2017

  7. EIA: Natural gas overtakes coal, but for how long?

    Has gas supplanted coal permanently? Not so fast, according to the federal government’s top energy analysts.

    Online Articles

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    Thu, 5 Jan 2017

  8. Natural Gas Pipeline: Electric utility asks court to reconsider pipeline decision

    New Hampshire's largest utility has asked the state Supreme Court to overturn a decision by regulators denying its proposal to buy natural gas pipeline capacity to be used to create electricity.

    Online Articles

    Online Articles

    Tue, 10 Jan 2017

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