With gas supply halted, Pacific Gas & Electric warns of ‘serious’ shortage

A spokesman for Western Gas Resources Inc. Wednesday said the gas supplier has halted deliveries to the California utility and on Tuesday filed suit in a Denver federal court seeking payment for January deliveries. Market sources said, and Pacific Gas & Electric confirmed J. Aron & Co., the gas trading arm of Goldman Sachs & Co., is also no longer delivering gas to the utility. A spokeswoman for Goldman Sachs declined comment.

Ohio’s American Electric Power Co. spent more than 2 years waging a high profile campaign to win regulatory approval to buy Central & South West Corp.

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