Continuing the downhill slide from where the now-expired July contract left off on Monday, the August natural gas futures contract sloughed off another 8.3 cents on Tuesday to close at $6.118.
Divorce
Articles from Divorce
PG&E, Bankrupt Merchant Unit Face Potential Legal Fight
As it approaches a clean legal and financial divorce from its second and most recent Chapter 11 bankrupt business unit, PG&E Corp., San Francisco, indicated Tuesday it could become embroiled in a federal court dispute over alleged “shared tax benefits” due the now-bankruptcy-mired PG&E National Energy Group (NEG). Several hundred million dollars could be at stake, according to PG&E holding company officials.
August 20, 2003