“Broad upward price pressure” and changing market dynamics were among the leading highlights of a 255-page 2004 State of the Markets Report released last week by FERC’s Office of Market Oversight and Investigations (OMOI).
Dynamics
Articles from Dynamics
Non-West Coast Markets See Dollar-Plus Increases
Market dynamics were as tumultuous as ever Monday astriple-digit gains from the Rockies/Southwest eastward were insharp contrast to huge declines at most California and PacificNorthwest points. In that latter group only the Southern Californiaborder, which notched yet another price record at $69, achieved anadvance in price average, and even it was plunging as “low” as $30near deadline.
January 15, 2004