Rocky Mountain gas producers heard encouraging news last week onthe role they could play in helping the industry achieve a 30 Tcfmarket by 2010. Several speakers at the Colorado Oil & GasAssociation’s annual conference last week in Denver delivered themessage that it’s largely up to the Rockies to make that kind ofmarket growth a reality.
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Georgia Natural and Scana Run Away with Georgia Market
The 16 gas suppliers vying for Georgia customers had theirmoment of truth last Friday, as Atlanta Gas Light (AGL) determinedtheir market share and presented the results to the Georgia PublicService Commission (GPSC). As expected, Georgia Natural GasServices, an AGL affiliate, and Scana Energy Marketing gained themost customers, receiving over 60% of the market between them.
August 16, 1999
Koch’s Auction, Imbalance Plans Draw Protests
Koch Gateway Pipeline’s proposal to create an interactiveauction for shippers to bid on capacity in expiring firm storagecontracts has come up against some protest at the Federal EnergyRegulatory Commission.
August 16, 1999
Transportation Notes
Pacific Gas & Electric issued a high-inventory OFO,effective Saturday, with 5% tolerance for positive dailyimbalances. The utility projected above-target linepack throughtoday. However, fellow California distributor SoCal Gas did nothave an OFO-like Overnominations Day in place for Saturday.
August 16, 1999
Spot Gas Market Wellhead Price
Natural Gas Intelligence the weekly gas market newsletterpublished : August 16, 1999
August 16, 1999
Current Market Prices
Natural Gas Intelligence the weekly gas market newsletter published : August 16, 1999
August 16, 1999
American Gas Storage Survey
Natural Gas Intelligence the weekly gas market newsletter
August 16, 1999
Retreat Signals to Bulls: Price Party Over for Now
Thursday’s trading confirmed the signs from Wednesday that therecent bullishness in swing prices had reached a peak. Although afew points were flat to 2-3 cents higher Thursday, the majorityfell by several cents, with the greatest weakness occurring in theMidcontinent/Midwest and Southwest markets. Cash anticipated afutures downswing and beat the screen to the punch by starting tosoften earlier, a Midcontinent marketer said, although Nymextraders eventually wound up the day with a small gain.
August 13, 1999
Late Rebound Puts Bulls Back at Helm
Despite a round of midday profit taking, the natural gas futuresmarket was able to eke out a modest advance amid continued see-sawtrading activity yesterday. The September contract led all othermonths, posting a 1.9-cent gain en route to a $2.727 close.Estimated volume was robust with 86,261 contracts changing hands.
August 13, 1999
El Paso Agrees to $32 Million Payout to Protect Settlement
El Paso Natural Gas has agreed to pay Southern California Edison$32 million and make other concessions to prevent its hard-fought1996 rate settlement from collapsing like a house of cards. Thedeal ends four years of litigation by Edison, which tried to derailthe settlement from the very start.
August 13, 1999