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U.S. DEPARTMENT OF ENERGY

Office of Energy Assurance

ENERGY ASSURANCE DAILY

November 16, 2004

Electricity

1,020 MW Hydro Plant in CA Curtails Power

California Edison’s 1,020 MW Big Creek hydro project cut back its power output by 530 MW of Tuesday.

Reuters, 1404, November 16, 2004

Kentucky Utility to Build $1.2 Billion Coal Plant

LG&E Energy LLC, a unit of E.ON AG of Germany, will build a $1.2 billion, 750- megawatt power plant in Kentucky's Trimble County beginning in 2006, state and company officials said on Tuesday. Reuters, 1545, November 16, 2004

Regulators Approve Utah Power's Plan to Build Plant

The Utah Public Service Commission has given Utah Power permission to proceed with construction of its proposed $330 million Lake Side Power Plant. Located on property formerly owned by Geneva Steel, the power plant will be a 534-megawatt natural-gas fired facility that is expected to enter service in the summer of 2007.

St. Louis Post-Dispatch, November 14, 2004

Calif. Power Bottleneck to be Relieved Soon-PG&E

A notorious power transmission bottleneck in central California, which was blamed for causing blackouts during the state's 2000-01 energy crisis, is set to relieved soon with upgrade work ahead of schedule, a Pacific Gas and Electric spokesman said on Monday. By the middle of December this line will be up and running. Path 15, the key transmission link between northern and southern California, will be able to carry an additional 1,500 megawatts following the upgrade, enough electricity for roughly 1.5 million households. It can currently carry about 3,900 MW.

Reuters, 1845, November 15, 2004

OPG's (Ontario, Canada) Nanticoke 7 Coal-fired Unit Shuts for Week

Reuters, 1339, November 16, 2004

35,000 Still Without Power in Nova Scotia, Canada by Noon Tuesday



Petroleum

Valero McKee Texas Refinery Had Power Snag Monday

A partial power failure on Monday at Valero Energy Corp.'s McKee refinery in Sunray, Texas, forced some units to shut, according to company filings with Texas regulators.

The refinery is rated at 160,000 barrels per day.

Reuters, 0936, November 16, 2004

Western Refining Plans $151 Mln El Paso Project

Privately held Western Refining Company LP plans a $151 million construction project at its 107,000 barrel per day (bpd) refinery in El Paso, Texas, that will include conversion to ultra low-sulfur diesel production, a company official said.

Reuters, 1405, November 16, 2004

Iraq North Oil Exports Cut to Max 200,000 bpd

Flows through Iraq's northern oil export pipeline have fallen to 200,000 barrels per day after a series of sabotage attacks and could remain below capacity for over a month, an oil official said on Tuesday. Iraq was pumping around 500,000 bpd through the northern pipeline to Turkey earlier this month.

Reuters, 0650, November 16, 2004

Natural Gas

Nothing to report.

Other News

What is LIHEAP?

LIHEAP stands for Low Income Home Energy Assistance Program. LIHEAP is a Federally-funded program that helps low-income households with their home energy bills. LIHEAP can help you stay warm in the winter and cool in the summer. By doing so, you can reduce the risk of health and safety problems (such as illness, fire, or eviction). The federal government does not provide energy assistance directly to the public. Instead, LIHEAP operates in the 50 States, the District of Columbia, Indian tribes or tribal organizations, and the U.S. territories. For more information click on the link below.

AGA Presses Congress for $600 Mln More in LIHEAP Benefits

The American Gas Association (AGA) called on Congress Friday to increase funding for the Low-Income Home Energy Assistance Program (LIHEAP) to avoid a crisis situation this winter heating season.

Natural Gas Intelligence, November 15, 2004

Energy Prices

| |Latest (11/16/04) |Week Ago |Year Ago |

|CRUDE OIL | | | |

|West Texas Intermediate US |46.10 |47.40 |32.31 |

|$/Barrel | | | |

|NATURAL GAS | | | |

|Henry Hub |6.57 |5.79 |4.62 |

|$/Million Btu | | | |

Source: Reuters

This Week in Petroleum from the Energy Information Administration (EIA)



Updated on Wednesdays

Weekly Petroleum Status Report from EIA



Updated after 1:00pm (Eastern time) on Wednesdays

Natural Gas Weekly Update from EIA



Updated after 2:00 pm (Eastern time) on Thur

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