Volatility at the New York Mercantile Exchange has become so low the April contract was only able to trade within a narrow 3.5 centrange Tuesday, from $2.14-$2.175. The contract settled unchangedat $2.155.
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Transportation Note
NGPL restored full nominations Friday at six wells on the NorthCuster gathering line in Custer County, OK. The wells had been cutto 1 MMbtu/d Tuesday after a line leak was discovered.
March 9, 1998
Pennsylvania Closes in on Customer Choice
Customer choice for all Pennsylvania natural gas customers couldbecome an option within the next few months, and the law thatemerges from the months of statehouse wrangling could add directionto unbundling activities in other states.
February 23, 1998