California OFOs Depress West; Eastern Softness Milder

Weekend prices drifted lower by varying degrees Friday, rangingfrom barely a penny down on a couple of Gulf Coast pipes todouble-digit decreases throughout much of the West. A flat screenprovided no cash guidance, traders said, so it was primarily milderweather plus the typical drop in weekend load that promptedmoderate declines of about a nickel or less at most eastern points.

July 12, 1999

Prices Stage Overall Uprising But Beat Late Retreat

The cash market was stronger by varying degrees Tuesday withprice movement ranging from flat to about a dime higher. Butsources didn’t expect the firmness to last, since many points wereheading back down along with the screen in late business. Theiroutlook was reinforced when the June futures contract continued todrop in afternoon Access activity.

May 12, 1999

Weather Still Mild, But Cash Prices Are Frozen

Few areas were getting below 32 degrees (F) Thursday, but cashprices seemed to be frozen in place everywhere. The market was muchlike the landscape around Houston, one source said: flat in alldirections.

February 13, 1998
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