TransCanada advised shippers Friday that due to forecasts ofwarmer than normal weather in the Eastern Delivery Area, diversionsand IT to the South West Delivery Area might be curtailed over theweekend and possibly into this week, depending on marketconditions. Diversions from Niagara and Chippewa would be excluded,the pipeline said.
Friday
Articles from Friday
Major Changes Sought for Order 637
Although industry comments on Order 637 still were tricklinginto FERC late Friday, it was clear that gas producers, bothmajors and independents, and industrial customers had some of thebiggest problems with the final order by far, while the interstatepipelines and LDCs sought minor tweaking of a “discrete” set ofissues.
March 13, 2000
Producers, Industrials Seek Major Changes to Order 637
Although industry comments on Order 637 still were tricklinginto FERC late Friday, it was clear that gas producers, both majorsand independents, and industrial customers had some of the biggestproblems with the final order by far, while the interstatepipelines and LDCs sought only minor tweaking of a “discrete” setof issues.
March 13, 2000
Lower Prices Yield to Lack of Load, Plenty of Supply
The cash market finally caved in Friday under the weight of verylittle heating demand and abundant available supplies, sendingprices lower for the first time in the fledgling March aftermarket.
March 6, 2000
Traders Give April a Vote of Confidence
Fueled by positive expiration-day price action last Friday andprodded by continued anticipation of higher prices this summer,natural gas futures shuffled higher yesterday as bulls gave a warmbuying welcome to the new spot contract April. With that boost theApril contract closed up 6.9 cents at $2.686 while the summer stripwas up 5.3 cents at $2.721.
February 29, 2000
Piedmont CEO Steps Down, Remains Chairman
As Piedmont Natural Gas Co. reported record net income Friday atits annual shareholders meeting in Charlotte, NC, Chairman and CEOJohn H. Maxheim announced his retirement from active operation ofthe company after 22 years. Maxheim said the company’s board hasnamed former Piedmont Natural Gas President and COO Ware F.Schiefer to succeed him as president and CEO.
February 28, 2000
Transportation Notes
Transco said IT availability through the Linden (NJ) RegulatorStation will shrink from 25,000 Dth/d to zero Friday.
February 10, 2000
Transportation Notes
Unanticipated maintenance on the #3 compressor at Amber Station(Grady County, OK) is expected to limit total West of Ambercapacity to 340,000 Dth/d through Friday, Reliant said.
February 9, 2000
Alberta Approves Distance-Based Tolls on TransCanada
A sweeping new distance-based tolling system for TransCanada’sAlberta System was approved by the Alberta Energy and UtilitiesBoard (AEUB) on Friday. The new products and pricing receipt-pointstructure for gas transportation tolls and services will beginreplacing Nova’s old postage-stamp tolling method starting in Apriland will be phased in over four years.
February 8, 2000
ONEOK Calls Off Southwest Merger
The financial risk associated with a lawsuit against its mergerpartner Southwest Gas forced ONEOK to call off the deal lateFriday.
January 24, 2000
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