However

Choice Available to Some But Those Choosing Are Few

According to a recent survey, one in six U.S. consumers, or 17%,say they can now choose their energy suppliers. However, only 2%have actually changed providers.

September 13, 1999

Choice Available to Some But Those Choosing Are Few

According to a recent survey, one in six U.S. consumers, or 17%,say they can now choose their energy suppliers. However, only 2%have actually changed providers.

September 10, 1999

Weather Derivatives Make an Impact in Kansas

Demonstrating the growing popularity of weather derivatives,Kansas Gas Service is on the brink of offering a weather-proof billto all 600,000 of its customers, said Steve Johnson, executivedirector of corporate relations for the LDC. Johnson and a panel ofweather derivative experts spoke on the growing use of weatherproducts at NGI’s Gasmart/Power’99 in Dallas last week.

May 17, 1999

Transportation Notes

Algonquin has completed turbine replacement at the Burrillville(RI) Compressor Station. However, April 30-May 5 work on the30-inch mainline will limit Burrillville throughput to 400,000Dth/d, the pipeline said.

April 29, 1999

Senate OKs Producer Relief; Clinton Veto Likely

The Senate unanimously passed two economic relief measures forindependent oil and gas producers last week. The bad news, however,is that the initiatives are part of a supplemental spending billthat President Clinton has threatened to veto because theexpenditures – mostly for foreign aid efforts – would cut intospending for domestic programs that he supports.

March 29, 1999

Midcoast Targeting Canadian Midstream

Midcoast Energy of Houston continued an ongoing buying spree last week. This time, however, the company has set its sights to the North. Subsidiary Midcoast Canada Operating Corp. bought the Calmar gas treating plant and gathering system in Alberta from Probe Exploration Inc. for C$20 million (US$13.2 million). The company said it has its sights on similar acquisitions in the future.

March 29, 1999

Senate OKs Producer Relief; Clinton Veto Likely

The Senate unanimously passed two economic relief measures forindependent oil and gas producers on Tuesday. The bad news,however, is that the initiatives are part of a supplementalspending bill that President Clinton has threatened to veto becausethe expenditures – mostly for foreign aid efforts – would cut intospending for domestic programs that he supports.

March 25, 1999

April Futures Follow March Cash Prices Lower

The April Nymex contract got off to a fast start Thursday byopening at $2.32 and quickly moving to $2.34. However, strongtechnical selling kicked in at that point, so much so that Aprilslid back to settle the day down 3.4 cents at $2.284.

February 27, 1998
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