Citing

Citing improved operating conditions, Tennessee lifted an OFO Balancing Alert Monday. The OFO had taken effect Saturday (see Daily GPI, April 9).

Citing a gas quality problem, NGPL has quit scheduling nominations at the Oneok/Westar-Wheeler receipt point in Wheeler County, TX until further notice.

El Paso declared an Unauthorized Overpull Penalty situationFriday that was to remain in effect until further notice.

Citing forecasts of “an extended period of steady, cold weatherthroughout the pipeline system,” Texas Eastern said it is imposingseveral restrictions this morning to preserve linepack and systemreliability. Until further notice no forward-haul mainline IT-1volumes will be delivered to the market area; no due-shipperimbalances are available; TABS-1 shippers are required to be inbalance daily; and all non-interstate Operational BalancingAgreements upstream of the Berne (OH) Compressor Station have beensuspended. Affiliate Algonquin is restricting the taking of anydue-shipper imbalances. Both pipes said they will consider thepotential for secondary restrictions going into the holiday weekendas conditions warrant.

Citing colder than normal forecasts for the Kansas Citymetropolitan area, Williams implemented an OFO Monday, effectiveuntil further notice. Among other conditions, the OFO suspends allinterruptible storage and park-and-loan service loan activity “asrequired,” and imbalance gas due customers is not available.

Citing the market’s jitters over strapped gas inventory levelsas it faces the prospect of a much colder winter this year, theEnergy Information Administration (EIA) last week projected thatwellhead prices will stay above the $5/Mcf mark throughout thiswinter, fueling price hikes of about 40% for residential gascustomers.

Citing market’s jitters over strapped gas inventory levels andthe prospect of a much colder winter this year, the EnergyInformation Administration (EIA) projects that wellhead prices willstay above the $5/Mcf mark throughout this winter, fueling pricehikes of about 40% for residential gas customers.

Citing a 34% average increase on year-to-date share priceswithin the U.S. electric power industry, Deutsche Banc Alex. Brownanalyst James Dobson initiated a watch of 18 generation and 15distribution companies in the firm’s U.S Electric Power Industryreport last week. The analyst and his associates also released alist of likely takeover candidates within the industry, and whichenergy companies’ subsidiaries are ripe for initial publicofferings (IPO) in 2001.

Citing significant demand in its market area, Florida GasTransmission issued an Overage Alert Day notice Thursday, effectiveuntil further notice. The OFO has a 10% tolerance for negativedaily imbalances.