A group of about 20 consumer activists, complaining of highcompensation for utility executives and excessive bail-out costs oftheir companies, attempted to disrupt the annual meeting of theEdison Electric Institute in Chicago Monday.
Articles from High
After breaking out of its downward trading channel and reachinga high of $2.24, the June Nymex contract fell back considerablyFriday and settled the day up only 0.8 cents to $2.167. Strongtechnical buying and position covering ahead of the weekend seemedto spearhead the rally, but the door to even higher prices slammedshut not long before the closing bell.
Florida Gas Transmission said Thursday it was experiencing”extremely high” linepack and that Operational Flow Orders would beissued to customers taking less than scheduled volumes. Otheroperational tools such as an Alert Day notice were also beingconsidered, the pipeline said.