The end of Georgia gas deregulation process is proving to be notonly eventful, but also confusing for customers. On Tuesday (Aug.10), the day before the market share of the 20 gas suppliers was tobe determined, 77,000 gas customers in the state switched fromAtlanta Gas Light (AGL) to one of 20 marketers, for fear of beingplaced on a random assignment list, which actually won’t be made upuntil Monday.
Fireworks
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Technicals, Fundamentals Point to Post-Holiday Fireworks
Natural gas futures continued lower in an abbreviatedpre-holiday trading session Friday, adding to losses achievedWednesday and Thursday and stifling the hopes of bulls who werelooking for short-covering buying into the long weekend. The Augustcontract finished down 2.2 cents on the day at $2.287, 13.3 centsless than Wednesday’s high price. Estimated volume was an extremelymodest 28,784.
July 6, 1999
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