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As Mark Twain once observed, everybody likes to talk about theweather, and that was especially true in the gas trading communityTuesday. With the official calendar start of winter still more thana month away, it seemed like winter has already begun in almostevery region. The predictable effect was to keep both cash andfutures prices pushing higher, with the screen scaling previouslyunknown heights.

DTE Energy, Detroit Edison’s parent company, said last week itis in the market to acquire a natural gas supplier. The company isin exploratory stages right now but hopes to have some kind ofagreement by the end of this year, a DTE official said at thecompany’s annual meeting.

Enron likes to say about half its earnings come from businessesthat didn’t even exist five years ago. Considering the company’sresults for 1Q 1999, that bodes well for areas where the big E isjust now getting its feet wet, such as retail energy services,water, and communications.

Enron likes to say about half its earnings come from businessesthat didn’t even exist five years ago. Considering the company’sresults for 1Q 1999, that bodes well for businesses where the big Eis just now getting its feet wet, such as retail energy services,water and communications.

Amoco likes auctions but advocates removing price caps only inthe very short-term (intra-month) transportation capacity market,according to a lengthy filing made at FERC last week by AmocoProduction and Amoco Energy Trading