Although the pace of Atlantic tropical activity hastened rapidly over the weekend, the lack of menace to offshore production combined with generally moderate cooling load and the previous Friday’s 9.8-cent decline by September futures to produce losses at a modest majority of cash points Monday. However, price movement was mixed, with most gains concentrated in the Northeast, where above-normal highs in the low 90s remained in the forecast for Tuesday.
Hastened
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FERC Expands Electronic Filings After Anthrax Mail Scare
The anthrax-laced mail scare in Washington, DC has hastened the progress being made at the Federal Energy Regulatory Commission on electronic filing of documents.
November 12, 2001