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It doesn’t matter whether forecasters predictions of an earlycold winter materialize or not. Under any short-termweather/storage scenario, Salomon Smith Barney (SSB) continues tobe very bullish on the outlook for natural gas prices.

It doesn’t matter whether forecasters’ predictions of an earlycold winter materialize or not. Under any short-termweather/storage scenario, Salomon Smith Barney (SSB) continues tobe very bullish on the outlook for natural gas prices.

IntercontinentalExchange deemed the first week of business for itsB2B electronic over-the-counter precious metals marketplace a success,with “no hours of down time” and “growth in both volume andcustomers.” The online scalable trading system called “The ICE,”traded precious metals spot, forwards and options within its firstweek of service (see Daily GPI, Aug. 25).

Contango Oil & Gas Co. may be small — it only had threeemployees two months ago — but no one can say the Houston companydoesn’t have big plans.

If Y2K doesn’t bring an end to the gas and power industries, itcertainly won’t do anything to stop them from hooking up. Judgingby what’s happened so far, gas and power will never stand alooffrom one another again.

While U.S. natural gas resources appear virtually unlimited,that doesn’t necessarily mean the industry can ramp up productionto meet the oft-heralded 30 Tcf a year market projected to developover the next 15 to 20 years, according to a Chevron U.S.A.exploration manager.

While U.S. natural gas resources appear virtually unlimited,that doesn’t necessarily mean industry can ramp up production tomeet the oft-heralded 30 Tcf a year market projected to developover the next 15 to 20 years, according to a Chevron U.S.A.exploration manager.

While five of seven midwestern states have choice programs forresidential gas customers, that doesn’t mean an energy shoppingtrend is sweeping the heartland. In fact, as is the case with therest of the country, regulators, utilities, marketers and end-usershave miles to go before competition really sets in.

UtiliCorp United wants to buy the rest of Aquila Gas PipelineCorp. it doesn’t already own, but the companies cannot agree on adeal. UtiliCorp currently owns about 82% of Aquila Gas Pipeline’soutstanding common shares.