A moderation of recently severe winter weather in several market areas is still on the way, but the cold retained enough grip Tuesday to spur small gains of about a nickel or less at a majority of points. Citygates in the Northeast were joined by Florida deliveries in recording larger advances, while western points were mostly flat to 3-4 cents lower.
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Articles from Grip
Winter Sticks Around, Squeezes Nearly All Prices Higher
Winter was retaining a tougher post-season grip on severalregions’ weather than expected Tuesday, and the result waswidespread price rises that ranged from flat to barely higher atthe PG&E citygate and Rockies, to about a quarter at someNortheast and Pacific Northwest points. A sharply higher Aprilfutures contract also lent some support to cash on its penultimateday of trading, sources said.
March 28, 2001
Texans Bake as Electricity Usage Hits Record
By today, a “cool” spell was expected to grip Texas, plungingtemperatures down to around 100. A nice respite from the 105-plustemperatures that stilled the state and sent electricity peak loadsto new records last week for the third time this year.
September 5, 2000
Midcoast to Supply Calpine’s Plants
Houston’s Midcoast Energy Resources Inc., a pipeline powerhousein the southeastern United States, tightened its grip in Alabamaafter reaching an agreement last week with Calpine Corp. to provideup to 276 MMcf/d in natural gas transportation services to twofacilities in Alabama.
July 3, 2000
Midcoast to Supply Calpine’s Plants
Houston’s Midcoast Energy Resources Inc., a pipeline powerhousein the southeastern United States, tightened its grip in Alabamaafter reaching an agreement yesterday with Calpine Corp. to provideup to 276 MMcf/d in natural gas transportation services to twofacilities in Alabama.
June 30, 2000
Detroit Edison Turns On the Gas Power
While winter continues to grip Michigan, Detroit Edison alreadyis preparing for summer peak electricity demand. The company toldthe Michigan Public Service Commission (MPSC) it has taken a seriesof steps to keep its growing customer base cool during thescorching days of Summer 2000 when demand for electricity isexpected to reach record levels.
February 14, 2000
Detroit Edison Turns On the Gas Power
While winter continues to grip Michigan, Detroit Edison alreadyis preparing for summer peak electricity demand. The company toldthe Michigan Public Service Commission (MPSC) it has taken a seriesof steps to keep its growing customer base cool during thescorching days of Summer 2000 when demand for electricity isexpected to reach record levels.
February 9, 2000
Columbia Tries to Wrest CNG from Dominion’s Grip
The sharp decline in the value of Dominion Resources’ proposedacquisition of Consolidated Natural Gas, prompted Columbia EnergyGroup to make public its intentions to break up the transactionwith a competing $6.7 billion bid over the weekend.
April 20, 1999
Coastal, Williams Battle for Shot at Florida Panhandle
A battle for a grip on the growing gas market in the Florida Panhandle has flared up, involving a trio of gas pipeline companies, two of which are planning new offshore routes to the state from producing platforms near Mobile Bay, AL.
March 8, 1999
FGT Has Tight Grip On Florida Panhandle
Diversity of supply sources, a transportation network thatblankets nearly the entire state of Florida and strong customerties will give Florida Gas Transmission (FGT) the edge over newprojects – such as Williams-Transco’s proposed Buccaneer Pipeline- that plan to enter its territory to cash in on the growinggeneration market, says FGT President Rockford G. Meyer.
December 7, 1998
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