Archive for the ‘ENERGY – Market Sector’ Category

Mississippi groups attack carbon dioxide limits, say unreasonable

JACKSON — Mississippi regulators and utilities are savaging the federal government’s proposal to force Mississippi power plants to cut carbon dioxide emissions. In comments filed in December, leaders of utilities, state agencies and business groups called the U.S. Environmental Protection Agency’s Clean Power Plan illegal, infeasible and economically unbearable. The EPA announced specific targets for […] [...]

Presley running again for Miss. utility commission

by Published: December 31,2014

Tags: Brandon Presley, Business, energy, Mississippi, NEWS

JACKSON — Democrat Brandon Presley says he’s seeking a third term on the Mississippi Public Service Commission. The 37-year-old says people from across the political spectrum encouraged him to run for governor or other offices in 2015. But he says he wants to serve another four years as the northern district member of the utility […] [...]

Posey not running for re-election to Miss. PSC

JACKSON — Lynn Posey said Tuesday that he won’t seek a third term as the central district member of the Mississippi Public Service Commission. Posey, of Union Church, was elected to the three-person utility regulation board in 2007 and 2011. He served 20 years in the state Senate, chairing the Wildlife Committee 16 years. He […] [...]

Entergy plans three solar-power pilot projects

by Published: December 22,2014

Tags: Business, Entergy, Mississippi, NEWS, Okolona, solar energy, Stion

The Mississippi Public Service Commission has approved three solar power projects to be constructed by Entergy. The pilot projects, the first to be sponsored by a utility, will be built in Senatobia, Jackson and Brookhaven, Northern District Commissioner Brandon Presley said in a news release. Each will have the capacity to generate 500,000 kilowatts of […] [...]

Comstock quits Tuscaloosa play on falling prices

MCCOMB — A second oil company is stopping drilling in the Tuscaloosa Marine Shale because of falling oil prices. Comstock Resources, based in Frisco, Texas, said Thursday that it would stop drilling in the oil region, which straddles the state line between southwest Mississippi and Louisiana’s Florida Parishes. “Comstock has released its rig in the […] [...]

Shale oil: market correction or longterm direction?

By Jack Weatherly The golden age of hydraulic fracturing began about 10 years ago “as oil and gas producers began to explore the nation’s massive shale formations in earnest,” according to an essay on the American Society of Mechanical Engineers website. Expansion of the technique in subterranean shale formations has pushed the United States toward oil […] [...]

Wicker receives committee assignments

by Published: December 16,2014

Tags: Business, Mississippi, NEWS, Politics, Roger Wicker

JACKSON — Mississippi Republican Sen. Roger Wicker has retained his seniority positions on the Senate Armed Service and Commerce Committee. Wicker’s office says in a news release that the senator will also serve on the Budget Committee; the Environment and Public Works Committee; and the Rules Committee. The EPW Committee oversees a broad range of […] [...]

Miss. regulators OK small Entergy rate increase

by Published: December 11,2014

Tags: Business, energy, Entergy, Mississippi, NEWS

JACKSON — The Mississippi Public Service Commission is approving a new rate plan for Entergy, Mississippi’s largest private electrical utility. Commissioners voted unanimously for the plan Thursday. It will take effect with February bills. The plan increases overall rates by $16.2 million a year. A residential customer who uses 1,000 kilowatt hours per month would […] [...]

Dropping gasoline prices a reason for giving thanks

By Jack Weatherly Holiday travelers have one more reason to be thankful this year. And Mississippians could have another gift at Christmas, if prices at the pump continue to fall, which is the consensus of observers. That’s because dropping crude-oil prices have driven retail gasoline prices to their lowest level in four years. AAA projects […] [...]

Pre-trial hearing set for ex-BP exec

NEW ORLEANS — Attorneys for one of the men facing criminal charges in connection with the 2010 Gulf oil spill are hashing out a variety of issues ahead of a March trial. The defendant is former BP executive David Rainey, who has pleaded not guilty to charges that he obstructed a congressional investigation into the […] [...]

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