More than a week after an exploding natural gas pipeline ripped through a residential neighborhood in the San Francisco Bay Area, natural gas remained a headline-grabber, involving speculation about city sewer work and oil liquids in the pipeline somehow contributing to the explosion and fire, not to mention various politicians proposing new safety measures. With the heightened attention, routine gas utility distribution pipeline breaks and reports of gas odors were being elevated to the status of potential major news events.
Exploding
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Northern CA Prices Soar; Rest of Market Flat to Softer
Except for still-exploding Northern California numbers, the cash market was mostly in standpat mode Thursday. Eastern prices tended to move little if at all, and there was generally moderate softness in the Southwest basins and Rockies.
April 6, 2001
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