Following a three-day, 25-cent price spike, the natural gasmarket cooled its heels Thursday as traders took profits amidtechnically overbought conditions and ahead of the weekend. After alate morning push failed to surpass Wednesday’s $2.78 high, sellerscame out of the woodwork to deliver the March contract a dime lowerto $2.659.
Jockeying
Articles from Jockeying
PG&E Gas Pursues Pacific Northwest, TX Power Markets
While scores of pipelines are jockeying to supply gas to newpower generators in the Northeast market, PG&E Gas Transmission— the 7th largest pipeline in the nation — is turning itsattention to the rapidly growing generation markets in the PacificNorthwest and Texas, where the competition from rival pipelines ismuch less fierce.
October 11, 1999
PG&E Gas Pursues Pacific Northwest, TX Power Markets
While scores of pipelines are jockeying to supply gas to newpower generators in the Northeast market, PG&E Gas Transmission— the seventh largest pipeline in the nation – is turning itsattention to the rapidly growing generation markets in the PacificNorthwest and Texas, where the competition from rival pipelines ismuch less fierce.
October 8, 1999
Technical Jockeying Buoys June Up 5.8 Cents
After touching the lowest level in almost two weeks earlyMonday, the June futures market was bid higher throughout the restof the session as traders took profits from last week’s sell-off.June finished up 5.8 cents for the day at $2.311, just off its$2.32 high.
May 4, 1999
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