FERC Chairman Pat Wood’s normally sunny demeanor quickly turned to one of agitation last Wednesday after Commission staff briefed him and other Commissioners on an order that directs Wisconsin Electric Power Co. (WEPCO) to explain apparent factual conflicts relating to the separation of control area and merchant function employees.
Demeanor
Articles from Demeanor
Futures Edge Higher in Quiet Session
Following Monday’s dramatic price rout, Tuesday’s tradingexhibited a more sedate demeanor, leaving the December contract totrade within a narrow 6.5-cent range. And while the late-afternoonsell-off had bulls running for cover Monday, consolidation of thoselosses gave them a ray of hope before the close yesterday. Thatrebound was enough to lift the prompt month 3.6-cents to $2.478.
November 11, 1998