The Federal Energy Regulatory Commission may be over-reaching in trying to hone regional transmission organizations (RTO) down to “four plus one (ERCOT),” according to congressmen and witnesses before the House Energy and Air Quality subcommittee Wednesday.
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July Futures Hone in on $2.40
“The bear market is over, the bull market has begun.” That’s howone industry broker succinctly summarised the recent developmentsin the natural gas futures market yesterday. The July contractadded to its latest fortunes by climbing another 7.8 cents tosettle Monday at $2.362. In so doing, July is now “well above anypossible downtrend line you can realistically draw,” a source toldGPI.
June 23, 1998
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