For the second Friday in a row the cash market largely managedto beat the usual lower-demand weekend jinx on spot prices. Exceptfor a wee bit of softness in the relatively mild-weather markets ofCalifornia, the Pacific Northwest and intra-Alberta, quotes wereflat to 3-4 cents up elsewhere and ranging a little higher thanthat at New England citygates (Algonquin and Tennessee Zone 6).
Largely
Articles from Largely
Independents Driving U.S. Y2K Gas Spending
North American exploration and production in 2000 will be nearlyall about gas and all about independents, with spending plans ofthe majors largely forsaking this country for opportunitiesoverseas. That’s one finding of Lehman Brothers, which from Nov. 6to Dec. 10 surveyed 320 companies in what it calls “the mostextensive study of oil company spending plans that has ever beendone.”
December 17, 1999
Cash Prices Ride the Bull, Continue Upward
Cash prices started the new week on an upward note, largelymotivated by an early Nymex run-up and forecasts of colder weatherfor some major market areas. Except for Northeastern markets, spotprices at most trading points registered gains ranging anywherefrom 1 to 6 cents in the Gulf Coast area to more than 20 cents inCalifornia markets.
November 10, 1998
PA PUC May Get New Line-up
The fate of open access for natural gas and electricityregulation in the Commonwealth of Pennsylvania may be largelydecided this week if, as rumored, Gov. Tom Ridge names areplacement for trail-blazing Public Utilities Commissioner JohnHanger.
May 18, 1998
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