With 5,900 MW of new mostly gas-fired generation capacity comingonline this winter across the United States, the North AmericanElectric Reliability Council concluded in its latest WinterAssessment that “electric resources will be adequate” to meetprojected electricity demand.
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Bulls vs. Bears: Call it a Tie Thursday
With little in the way of fresh fundamental news, natural gasfutures traded mostly sideways yesterday as traders rested after atumultuous 10 days of trading activity. A modest gain in the promptmonth was more than offset by losses in each of the out months.November finished up 0.5 cents at $4.664 while the 12-month stripclosed 1.6 cents lower at $4.313.
October 27, 2000
Cross Bay Sponsors Asked to Defend Pipe Project
FERC last week directed the Cross Bay Pipeline Co. L.L.C. torespond to a series of questions mostly focusing on the East Coastproject’s byzantine financial and capacity-lease arrangements thathave prompted protests from customers.
October 23, 2000
West Again Mostly Higher in Face of Overall Softening
Once again several western points defied the overall downwardtrend of the cash market Tuesday. Most eastern quotes ranged 2-3cents to either side of down a nickel, but Rockies/San Juan andNorthern California increases went as high as a dime-plus.
October 18, 2000
FERC OKs ICAP Rebates for Utilities Serving NYC
The Federal Energy Regulatory Commission last week handedload-serving entities (mostly electric utilities) that supply theNew York City power market a present — a targeted rebate of $3.75per kilowatt month.
October 16, 2000
FERC OKs Rebates for New York City Utilities
The Federal Energy Regulatory Commission yesterday handedload-serving entities (mostly electric utilities) that serve theNew York City power market a present — a targeted rebate of $3.75per kilowatt month.
October 12, 2000
Prices Mostly Flat But Mixed With Big Gains, Losses
The cash market was a mix of ups and downs as far as priceaverages went Thursday, but sources agreed that the overall trendwas downward as trading proceeded through the morning. Flat quotesdominated again at many points, while sizeable gains and losseswere scattered.
October 6, 2000
Holiday Prices Mostly Softer But With Some Increases
The cash market went quietly into the Labor Day weekend Friday,registering prices that ranged from flat to down about a dime inmost cases, but sprinkled with scattered upticks (concentrated inthe West) and a Southern California border crash to break up thepattern.
September 5, 2000
August Begins Mostly Flat to Indexes, Down From July
The August aftermarket began Monday with prices down a dime ormore from the last day of July in most cases, except for slightgains at a few western points. In comparison to where they expectedAugust indexes to be, several sources said swing gas for today wasflat in general but slightly lower at some eastern points.
August 1, 2000
Cash Market Settles Down to Mostly Flat Trading
The cash market appears to have decided to take it easy at leasttemporarily. Tuesday’s activity remained relatively subdued, andfew points strayed much further than 2-3 cents to either side offlat.
July 12, 2000
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