Girds

Most Prices Higher as Gulf Coast Girds for Storm; Pipes Report At Least 4.7 Bcf/d in Shut-ins

Most Gulf Coast and Northeast prices were jumping by double-digit amounts Tuesday morning in response to growing offshore production shut-ins and the previous day’s screen spike. The gains tended to range from less than a dime at a few Gulf points to about 30 cents at FGT Zone 3, where Destin’s outage contributed greatly to supply shortfalls.

September 25, 2002