KCBT Sells Gas Futures Trading Permits

The Kansas City Board of Trade expects to fan the flames ofinterest in its Western Natural Gas Futures Contract by offering asecond round of two-year gas trading permits for $1,000 each plusapplication fees of $300. Twenty trading permits are being offeredto non-KCBT members. Currently about 15-20 traders are active inthe gas pit so the offering potentially could double the exchange’sgas trading activity.

April 3, 1998

Transportation Notes

Depending on favorable Gulf of Mexico weather, Sea Robin expectsto restore flows on its 16-inch West Cameron 580 lateral by Sunday(see Daily GPI, Feb. 3). The force majeure that was implementedJan. 27 because of a leak will remain in effect until repairs havebeen completed.

February 13, 1998
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