As Frances was breaking apart over Georgia and the Carolinas Tuesday, all eyes in the gas market quickly turned to Hurricane Ivan, which the National Hurricane Center (NHC) indicated may take a track similar to, but more westerly than, recent Hurricane Charley into the eastern Gulf of Mexico, possibly disrupting gas and oil production.
Frances
Articles from Frances
Transportation Notes
Noting forecasts indicating that Hurricane Frances could make landfall on the cast coast of Florida or turn north and make landfall north of the state, Florida Gas Transmission said Wednesday landfall is expected to occur sometime over the Labor Day weekend. “Historically, gas demand is high on FGT just prior to a hurricane passing over Florida. This high demand is then followed by a dramatic decrease in gas demand if the hurricane actually makes landfall in Florida. Additionally, gas demand can be high when a hurricane just passes by Florida without making landfall,” the pipeline added. Because of the anticipated load volatility, FGT asked customers to make adequate arrangements to manage supplies to accommodate both increases and decreases in demand. To maintain operational integrity, FGT said it may issue either an Overage or Underage Alert Day on any of the upcoming gas days. (An Overage Alert Day notice at 20% tolerance remained in effect through at least Wednesday).
September 2, 2004
Skilling Chastised by Judge Who Orders Rehab, Curfew
In Houston on Friday, U.S. District Judge Frances Stacy added restrictions to ex-Enron CEO Jeffrey Skilling’s $5 million bond after an altercation in New York City last month (see Daily GPI, April 13). Stacy told Skilling she will revoke his bond unless he gets both alcohol and mental health treatment, follows a curfew and gets a job or does volunteer work.
May 10, 2004
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