Confined

Pressure Builds for New CA Infrastructure, Energy Dept. in Blackouts’s Aftermath

Although they lasted barely an hour and were confined to parts of Southern California, last month’s blackouts from a transmission emergency on a giant public sector high-voltage transmission line were used last week to pressure state lawmakers, energy companies and regulators into action. In essence, that was the prime motivation for a press conference called last Wednesday by Sempra Energy’s San Diego Gas and Electric Co. and in Gov. Arnold Schwarzenegger’s push later the same day to revive his two-year-old proposal for creating a consolidated new state energy department.

September 5, 2005

Energy Futures Strength Lifts Cash Gas a Day Later

With most of the remaining very cold weather staying confined to the Rockies, Upper Plains and western Midwest, a significant rally in prices did not seem to be in the cards. But numbers rose at all points Tuesday between about 15 cents and 30 cents, with a large majority of gains being in the 20s.

March 3, 2004

WSI Seasonal Temperature Forecast ‘Neutral to Bearish’

November could be a cold month for gas consumers in the Northeast, according to Weather Services International’s latest seasonal forecast, but the outlook is mixed for the winter overall. WSI’s forecast calls for cooler than normal temperatures on average from November through January in the southern Plains (e.g., Dallas, Houston, Little Rock), the Southeast and the Mid Atlantic regions. Warmer than normal temperatures are expected on average over those three months in the Pacific Northwest, California, the northern Plains (e.g., Minneapolis and Chicago) and the Southwest.

November 4, 2002

WSI Seasonal Temperature Forecast ‘Neutral to Bearish’

November could be a cold month for gas consumers in the Northeast, according to Weather Services International’s latest seasonal forecast, but the outlook is mixed for the winter overall. WSI’s forecast calls for cooler than normal temperatures on average from November through January in the southern Plains (e.g., Dallas, Houston, Little Rock), the Southeast and the Mid Atlantic regions. Warmer than normal temperatures are expected on average over those three months in the Pacific Northwest, California, the northern Plains (e.g., Minneapolis and Chicago) and the Southwest.

October 31, 2002

Gas Futures Soar, Break Longstanding Downtrend

The gas futures market toppled its Berlin Wall last week, atechnical downtrend that has confined trading since December 1996.A number of fundamental factors, including tightening supply,peaking cooling demand and some very significant technicalindicators, conspired to boost the near month contract up 34.1cents to $2.528/MMBtu and the 12 month strip up 19 cents to $2.61from the previous Friday.

July 26, 1999

Futures Price Jump Breaks Downtrend

The gas futures market toppled its Berlin Wall last week, atechnical downtrend that has confined trading since December 1996.A number of fundamental factors, including tightening supply andpeaking cooling demand, and some very significant technicalindicators conspired to boost the near month contract up 34.1 centsto $2.528/MMBtu and the 12 month strip up 19 cents to $2.60 fromthe previous Friday.

July 26, 1999
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