January Newsreel: Spectra Energy's New CEO; New Western Canada Hub; KMP's Ethanol Flowing in Florida

In October, the PUC approved other changes in PECO’s rates for suburban natural gas customers, effective Jan. 1, 2009. For the first time in more than 20 years, PECO’s fixed customer and variable delivery charges will increase. The monthly charge will go from $1.29 per Ccf in December 2008 to $1.38 per Ccf in January 2009. PECO said the increase in these charges cover higher operating costs, greater investments needed in the local gas delivery system, and expanded energy efficiency and customer assistance programs. Customers will receive more information about these changes next month.

Compressor Products International Announces New Acquisitions
Compressor Products International (CPI) of Stafford, TX announced completion of three acquisitions last month. The acquired businesses are Horizon Compressor Services Inc., located in Houston; RAM Air, Inc. located in New Smyrna Beach, FL and C&P Services (Northern) Limited, located in Warrington, UK.

The acquired businesses provide components and aftermarket services for reciprocating compressors to customers in the petroleum, natural gas, PET bottle molding and chemical processing industries in the United States and England. Horizon Compressor Services and RAM Air will be managed by CPI–Americas and C&P Services will be managed by CPI–EMEAP (Europe, Middle East, Asia Pacific).