The party is over, but after three years the chip and punch bowls are still full. The electricity futures contracts on the New York Mercantile Exchange never really attracted a crowd, and Nymex President J. Robert Collins Jr. finally called it quits last Thursday on six electricity contracts: California-Oregon Border, Palo Verde, Cinergy, Entergy, PJM and Mid-Columbia.
Fizzling
Articles from Fizzling
Futures Correction Continues Amid Bearish Weather
What do you get when you pair a fizzling Gulf Coast tropicalstorm with mild temperatures across much of the U.S.? If youanswered “lower natural gas prices,” then you were right yesterday.
August 16, 2000