District of Columbia Natural Gas Inventory Forward Sale Contract

State:
Multi-State
Control #:
US-EG-9211
Format:
Word; 
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Description

Natural Gas Inventory Forward Sale Contract between EEX Operating, LLC, E&P Company, LP and Bob West Treasure, LLC regarding the sale and purchase of natural gas dated December 17, 1999. 31 pages.

The District of Columbia Natural Gas Inventory Forward Sale Contract is a financial agreement that enables participants to sell or purchase natural gas inventory in the District of Columbia at a predetermined price for future delivery. This contract is specifically designed to facilitate the management of natural gas inventory and provide stability in the energy market. The District of Columbia Natural Gas Inventory Forward Sale Contract is an important tool for energy companies, producers, and distributors who seek to secure their inventory and manage price risks. By entering into these contracts, participants can lock in prices and quantities of natural gas, ensuring a steady supply and helping to mitigate potential price volatility. There are different types of District of Columbia Natural Gas Inventory Forward Sale Contracts tailored to specific needs and circumstances. Some key types include: 1. Spot Contracts: These contracts involve the immediate delivery of natural gas, typically within a few days or weeks after the contract's execution. Spot contracts are useful for short-term supply requirements or immediate market opportunities. 2. Term Contracts: These contracts have longer durations, typically spanning several months or even years. Term contracts are suitable for participants who require consistent and reliable natural gas supply over an extended period. 3. Swing Contracts: Swing contracts provide flexibility in natural gas delivery schedules and quantities. Participants can adjust the volume of natural gas they receive within a specified range, providing adaptability to changing market conditions or demand fluctuations. 4. Fixed-Price Contracts: These contracts lock in a predetermined price for the natural gas to be delivered, protecting participants from potential price increases and creating stability in budgeting and financial planning. 5. Index Contracts: Index contracts utilize market indexes, such as NYMEX (New York Mercantile Exchange) prices, to determine the natural gas price. Participants benefit from the transparency and liquidity of the index market, ensuring a fair price benchmark for their inventory. The District of Columbia Natural Gas Inventory Forward Sale Contract provides a crucial mechanism for managing natural gas inventory, enabling participants to mitigate risks, secure supply, and efficiently plan their energy-related activities. These contracts offer various options tailored to individual needs, ensuring flexibility, stability, and transparency in the District of Columbia's natural gas market.

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FAQ

Modernized e-File (MeF) - Unincorporated business franchise taxpayers that have a Federal Employer Identification Number (FEIN) are encouraged to e-file the D-30 Unincorporated Business Franchise Tax Return through MeF.

Generally, every corporation or financial institution must file a Form D-20 (including small businesses, professional corporations, and S corporations) if it is carrying on or engaging in any trade, business, or commercial activity in the District of Columbia (DC) or receiving income from DC sources.

Who Must File? Individuals, corporations, partnerships, executors, administrators, guardians, receivers, and trustees that own or hold personal property in trust in the District of Columbia must file a DC personal property tax return.

Generally, an unincorporated business, with gross income (Line 11) more than $12,000 must file a D 30 (whether or not it has net income). This includes any business carrying on and/or engaging in any trade, business, or commercial activity in DC with income from DC sources.

The filing of the D-30 is a requirement for operating or continuing to operate a motor vehicle for hire in the District by a non-resident.? In this circumstance, a return would need to be forced to generate.

The D-30 form will print when gross income is more then $12,000. The D-65 will print when gross income is less than $12,000. There are print options for these forms located on D.C. interview form DC1.

A return must be filed by an unincorporated business if its gross income from engaging in or carrying on any trade or business in DC plus any other gross income received from DC sources amounts to more than $12,000 during the year, regardless of whether it had net income.

Any non-resident of DC claiming a refund of DC income tax with- held or paid by estimated tax payments must file a D-40B. A non-resident is anyone whose permanent home was outside DC during all of 2022 and who did not maintain a place of abode in DC for a total of 183 days or more during 2022.

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As the Court of Appeals for the District of Columbia Circuit has stated: Federal regulation of the natural gas industry is thus designed to curb pipelines' ... The first goal was to ensure that all shippers have meaningful access to the pipeline transportation grid so that willing buyers and sellers can meet in a ...Feb 27, 2018 — Most natural gas-fired power plants in the continental United States fulfill all of their fuel requirements through firm contracts that ... 5.2.1.3 Executory contract accounting ; 1. 05/01. Initial purchase of inventory (10,000 × $4.00/MMBtu) ; 2. Monthly. To record storage fees ($2,000 per month) ; 3. If the alternative fuel storage and dispensing equipment or charging ... Complete a separate D-20 NOL for each business carrying forward a NOL. Please attach ... These agreements are primarily for the physical purchase or sale of natural gas and electricity. As of December 31, 2010, the collateral requirement from a ... Optimization revenue results from the purchase of natural gas inventory and its forward sale to future periods through energy trading contracts, with our ... 327.1 This section sets forth billing, Deposit, Enrollment, Termination of Contract, supplier switching, advertising and minimum Contract standards that apply ... This volume supersedes the Volume II, Second Edition of the Principles of Federal Appropriations Law, 1992. As of March 10, 2016, GAO, Principles of Federal ... Goods to be furnished or furnished under a service contract, raw materials, and work in process also are inventory. ... and contracts to sell the oil to Buyer at ...

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District of Columbia Natural Gas Inventory Forward Sale Contract