Once again, strong movement the day before in the energy futures complex failed to elicit a similar response from the cash market. Nearly all points were close to flat Tuesday, and the few up-and-down changes were limited to about a nickel or so in both directions.
Elicit
Articles from Elicit
Low Storage Fill Fails to Elicit Typical Buying Frenzy
After checking higher for much of the session Wednesday, natural gas futures moved back down to near unchanged, despite the release of a lower-than-expected storage injection figure. Buyers propelled the December contract back above the psychologically important $3.00 level just as the report was released. However, the advance failed to retest Monday’s $3.08 high, and that was a sign of weakness to traders. The December contract sifted lower from that point, closing with a one-cent loss at $2.87.
November 8, 2001
PNGTS Holds Open Season for HubLine
Portland Natural Gas Transmission System is holding an open season through Oct. 22 on its PNGTS Pipeline to elicit interest regarding new transportation services such as access to an interconnect with Algonquin’s HubLine project and consequently, to the lucrative Boston power generation market.
October 4, 1999
PNGTS Holds Open Season for HubLine
Portland Natural Gas Transmission System will hold an openseason from Oct. 1 to Oct. 22 on its PNGTS Pipeline to elicitinterest regarding new transportation services such as access to aninterconnect with Algonquin’s HubLine project, and consequently, tothe lucrative Boston power generation market.
September 30, 1999
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