The cash market fell across the board Friday but was hardly amodel of consistency. Declines ranged from barely 2-3 cents atscattered points to more than 20 cents at a few western points;most were between a nickel and about a dime. Activity was describedas quiet.
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Articles from Lack
Weather or Not.. Futures Filter Lower
It was only fitting yesterday that the futures market groundlower amid lack of strong fundamentals. After all, Monday was theconclusion of just the second July in the last 100 years in whichNew York City did not reach 90 degrees Fahrenheit. Even WashingtonD.C., which is known for its mostly intolerable summer heat andhumidity was limited to just one day of 90-plus mercury during themonth.
August 1, 2000
CMS’ McCormick Sounds Reliability Warning
CMS Energy’s Chairman William T. McCormick Jr. cited “asignificant lack of adequate transmission capacity,” and noincentives to build more, as threats to the reliability of thenation’s power delivery system in a deregulated environment.
June 19, 2000
CMS’ McCormick Sounds Reliability Warning
CMS Energy’s Chairman William T. McCormick Jr. cited “asignificant lack of adequate transmission capacity,” and noincentives to build more, as threats to the reliability of thenation’s power delivery system in a deregulated environment.
June 16, 2000
Bowing to Lack of Support, Swing, April Prices Fall
Incremental prices for the last day of March, finding little tono support from any direction, did the natural thing: they fell byanywhere from about a nickel to more than a dime. April bidweeknumbers also slid a bit further.
March 31, 2000
Lack of Weather, Softer Futures Drag Cash Lower
This week’s moderate bull market came to an end for the mostpart Wednesday as cash prices bowed under the weight of decliningfutures to range from flat to down a little more than a nickel.
March 9, 2000
Lower Prices Yield to Lack of Load, Plenty of Supply
The cash market finally caved in Friday under the weight of verylittle heating demand and abundant available supplies, sendingprices lower for the first time in the fledgling March aftermarket.
March 6, 2000
Cash Prices Strengthen on Storage and Screen
Prices at most points increased yesterday as influences fromstorage plays and a rising futures screen overcame a lack ofseasonal cold weather in major market areas. In general, upticks ofa few cents were the most common in the West, Rockies, Gulf Coastand Midcontinent. The Northeast, however, continued the fall itstarted on Monday, as many points in the region lost anywhere fromabout a nickel to more than a dime.
February 16, 2000
Shut The Door! It’s Cold
Anyone who was complaining about a lack of winter likely hasshut up by now, and for good reason. Right on top of the first one,the eastern United States last week was bracing for its second coldsnap of the year.
January 31, 2000
FERC Reports to Congress on NE Capacity
As FERC last week was delivering bad news to the Northeast-boundIndependence Pipeline and associated SupplyLink and MarketLinkprojects, the Commission staff was delivering a report to CapitolHill that concluded new pipeline capacity may be needed for theregion within the next three to five years. It didn’t specify howmuch capacity though (See related story).
December 20, 1999
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