Although cold fronts or snow were in the Friday forecast for sections of all four main geographic regions of the U.S., the fact that unseasonably moderate conditions had returned to the overall weather picture carried the trading day Thursday and resulted in diving prices across the board. The screen’s prior-day plunge of nearly half a dollar and increasing comfort levels about storage put further downward pressure on cash quotes.
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Articles from Fronts
S&P: High Gas Prices Put Indirect Earnings Pressure on Distributors
Near-record average annual natural gas prices this year could cause problems on several fronts for local distribution companies, Standard & Poor’s Equity Research (S&P) said Thursday in a semiannual study of the gas industry. However, S&P also noted signs of substantial market recovery in the merchant energy sector and gains in other nonregulated business segments — particularly exploration and production.
March 21, 2005
S&P: High Prices Put Indirect Earnings Pressure on Distributors
Near-record average annual natural gas prices this year could cause problems on several fronts for local distribution companies, Standard & Poor’s Equity Research (S&P) said Thursday in a semiannual study of the gas industry. However, S&P also noted signs of substantial market recovery in the merchant energy sector and gains in other nonregulated business segments — particularly exploration and production.
March 18, 2005
Cash Numbers Rebound at Most Points
The cash market relied on new cold fronts forecast for Tuesday in the Northeast and South, along with predictions of temperatures well below early-March norms in the Ohio Valley and Great Lakes sections of the Midwest, to push prices higher at nearly all points Monday. Delayed support from Friday’s futures gain of nearly 9 cents and the restoration of industrial load from its usual weekend slump aided the climb.
March 8, 2005
PG&E Expects Financial Stability in ’04
With solutions underway on the regulatory, legislative and financial fronts, PG&E Corp. and its combination utility are optimistic that they will reach several key milestones by mid-year.
May 10, 2004
PG&E Expects Financial Stability in ’04
With solutions underway on the regulatory, legislative and financial fronts, PG&E Corp. and its combination utility are optimistic that they will reach several key milestones by mid-year.
May 6, 2004
Canadian Analysts Estimate 2003 U.S. Prices Between $4.25 and $5.60
Buoyed by sustained strength in exports as well as snap reactions to cold fronts on commodity markets, Canadian forecasters have raised their expectations for 2003 natural gas prices.
April 22, 2003
S&P Believes Dynegy Making Progress on Liquidity, Strategy
Dynegy Inc. is making progress on two fronts: liquidity and reshaping its business strategy, according to a report issued by Standard & Poor’s RatingsDirect (S&P). The former energy merchant also has moved forward in the board room, after naming three new directors Thursday.
April 21, 2003
Most Prices Start to Slide Again on Falling Weather Load
Relatively innocuous cold fronts trudging through the major market areas of the East weren’t enough to keep most points from turning south again. Prospects for waning weather-related demand as the week proceeds and weak energy futures caused the overall market to retreat by larger amounts Tuesday than it had advanced Monday, despite a few points recording flat to moderately higher numbers.
March 26, 2003
Enron Case Proceeds on Multiple Fronts
The latest developments in the Enron case include the appointment of an examiner to monitor cash flows at Enron North America, reports that Arthur Andersen is seeking a total settlement of claims against the accounting firm relating to Enron, and statements by Enron’s interim CEO Stephen Cooper that the bankrupt company is planning a “broad legal assault” against individuals who forced the company into bankruptcy.
February 25, 2002
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