As the East Coast continues to be battered by sub-freezing temperatures, KeySpan revealed Wednesday that its consumers on Monday broke an all-time gas consumption record in New York City that was set last year. Meanwhile, spot prices soared all the way up to $19/MMBtu on Tuesday for Wednesday flow at Transco Zone 6 New York and reached highs of $20 on Wednesday.
Battered
Articles from Battered
Energy Companies Need to Invest in Image-Building
The new merchant gas and power companies, getting battered in the public arena as they move into new operating areas across the country, are going to have to heavy-up their public relations operations to ward off reactive laws and regulations restricting the competitive market.
March 25, 2002
Energy Companies Need to Invest in Image-Building
The new merchant gas and power companies, getting battered in the public arena as they move into new operating areas across the country, are going to have to heavy-up their public relations operations to ward off reactive laws and regulations restricting the competitive market.
March 19, 2002
Natural Gas and Power Stock Prices Rise
Previously battered energy company stocks continued to participate in the general stock market upturn, with some of those that have seen the largest losses — Calpine, AES, Mirant and Williams — now recording the greatest percentage gains. Energy companies were almost uniformly in the black, from large producers and independents through marketers, pipelines and power producers. Pure electric and gas utilities showed a few stock price losses, but those were scattered.
March 7, 2002
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