Fluke

Wednesday’s rally in the face of bearish weather demand proved to be a fluke as prices fell at all but one point Thursday in trading for the Good Friday/Easter holiday weekend. Prior-day futures softness and the extra loss of industrial load during a long holiday weekend also figured into the cash losses.

While growth prospects remain up in the air, earlier reports of accelerating gas production decline rates in Canada were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a ongoing industry debate over the supply outlook.

While growth prospects remain up in the air, earlier reports that an accelerating decline was beginning in western Canadian natural gas supplies were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a recurring industry debate over the supply outlook ignited by rate applications from TransCanada Pipelines.

While growth prospects remain up in the air, earlier reports that an accelerating decline was beginning in western Canadian natural gas supplies were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a recurring industry debate over the supply outlook ignited by rate applications from TransCanada Pipelines.

The 35,000 MW of power generation that already has beenidentified to be sold in the next 18 months is not just a one-timefluke in the power market. It’s the beginning of a process thatwill continue for years to come, according to Siemans Corp.’s DavidL. Hartman, director of corporate development.