News of a tropical wave approaching the Caribbean Sea, generally warm to hot weather in most of the nation, the end of weekend OFOs on several pipes and the usual rebound in load following a long weekend were cited by sources in explaining Monday’s double-digit gains at nearly all points.
Kyle
Articles from Kyle
Industry Briefs
Oneok Inc. has named its new Texas gas distribution business Texas Gas Service Co. Oneok acquired the assets in October and expects to close the deal on Jan. 1. Oneok CEO David Kyle said Roger N. Mitchell will become president of the new subsidiary once the acquisition is completed. Mitchell currently is vice president for the eastern region of Oneok’s Oklahoma gas distribution business, Oklahoma Natural Gas Co. “The Texas company has provided gas service to its communities for 75 years, and the same employees who provided service prior to the changeover will remain in the communities providing service as we move forward together,” said Mitchell. Oneok is purchasing the Texas assets from Southern Union Gas. The new Texas Gas Service Co. serves 535,000 customers in cities throughout Texas. With its move into Texas gas distribution service, Oneok will serve a total of 1.96 million customers. National Fuel Gas Co.
December 26, 2002
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