Concluding

WSI, Weather 2000 Forecast Different Winters

Concluding “Let’s talk about the Weather Week,” WSI Corp. and New York-based Weather 2000 chimed in Friday with their takes on what Mother Nature has in store for the Lower 48 over the next three months. While Weather 2000’s forecast tended to trend with forecasts released by Salomon Smith Barney and the National Weather Service for colder than normal weather through much of the country except the West, WSI’s differed in seeing warmer than normal temps across the northern tier.

January 6, 2003

MPSC Approves MGU’s Rock-Tenn Contract

Concluding that the action was both “reasonable and in thepublic interest,” the Michigan Public Service Commission last weekapproved a request by Michigan Gas Utilities for a special gastransportation contract with Rock-Tenn Paperboard Products, one ofthe largest accounts on MGU’s system.

February 27, 2001

AGL Cuts Maligned Bill Service Utilipro Loose

Concluding a four-month process, AGL Resources reported that ithas entered into an agreement with Alliance Data Systems (ADS) tosell Utilipro, Inc. — a customer care and billing serviceprovider for energy marketers in a number of states. The sale comesjust five months after the billing provider was sued for $50million by bankrupt Georgia marketer Peachtree Natural Gas.

February 14, 2001

El Paso Displays Post-Merger Form

One day after concluding its purchase of Sonat Inc., El PasoEnergy Corp. completed its after-merger corporate restructuring.Through normal attrition, early retirement and 607 layoffs, thework force has been pared down from 5,500 to 4,575, the companysaid Tuesday. The action is part of a company-wide plan toimplement the optimal corporate organization for the future, ElPaso said, and the company expects to save in excess of $100million in the first full year after the merger due to thesemeasures.

October 27, 1999

GAO Report of Utilities’ Y2K Readiness Attacked

A new General Accounting Office (GA0) report concluding that theelectric utilities are lagging behind on Y2K readiness came underfire in industry circles for being based on data that was sixmonths old. The GAO report, which was released last Friday,followed a Senate study of the issue that industry critics contendalso was founded on out-dated, faulty information.

April 20, 1999

Most Prices Still Falling for Weekend and the First

Prices for the concluding weekend of February maintained thesoftening trend that had started earlier in the week, ranging fromflat to a little over a dime lower. And although swing gas tradedFriday for today’s flow only was flat at a few points, most sourcesagreed that the initial March aftermarket was trending downwardoverall from both bidweek indexes and weekend levels.

March 1, 1999

November Prices Dive; Bidweek a Little Softer

The cash market for the concluding days of November hadsomething in common with the famed cliff divers of Acapulco:breathtakingly steep plunges. “You better hope you sold your gasearly” Wednesday because there was almost no demand for the longholiday weekend, a marketer said, “and you just can’t cook thoseThanksgiving turkeys long enough [in gas ovens] to boost demand.”

November 30, 1998
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