Relatively light air conditioning load outside the West kept cash prices in a general decline Thursday, although nearly all drops were less than a dime and many points were flat or managed tiny gains. A bearish Nymex response to the storage report, prospects for continued weakness in weather fundamentals and the typical loss of industrial demand over a weekend are likely to have quotes falling again Friday, sources said.
Outside
Articles from Outside
Most Points Soften, But a Few are Flat or a Bit Higher
Most of the cash market was softer as expected Thursday, but forecasts of warm to hot weather in much of the U.S. outside the West Coast over the Fourth of July weekend and late run-ups following release of the storage report allowed a few scattered points to record flat to mildly higher numbers. The losses tended to range from just under a nickel to about 35 cents, with a majority at 15 cents or less.
July 7, 2003
Some Western Firmness Outweighed by Drops Elsewhere
The previous day’s screen weakness, along with a dearth of weather-related load outside the interior West and western portions of the South, were cited as Wednesday’s chief swing price depressants. Except for flat to substantially higher numbers for a few Rockies points, San Juan Basin and Southern California border, quotes fell by anywhere from about a nickel to a quarter Wednesday. Losses in the teens were most common.
May 29, 2003
Seven Die in Toronto Gas Explosion
Seven persons died as a result of an April 24 rupture of a natural gas distribution pipeline outside of a small strip mall in Toronto, according to the Toronto Fire Marshal’s Office.
May 5, 2003
Death Toll from Toronto Gas Explosion Climbs to 7
The death toll has climbed to seven following the rupture of a natural gas distribution pipeline outside of a small strip mall in Toronto last Thursday, according to the Toronto Fire Marshal’s Office.
April 29, 2003
Merrill Lynch, Former Execs Charged with ‘Aiding and Abetting’ Enron Fraud
The Securities and Exchange Commission (SEC) on Monday charged Enron Corp.’s former outside auditor, Merrill Lynch & Co., and four of its ex-senior executives with helping to carry out securities fraud at the Houston energy company.
March 18, 2003
Meteorologists Agree: Baby, it’s Cold Outside
Most of the folks in the Lower 48 states apparently won’t be reaching for their flip-flops and suntan lotion anytime soon. Salomon Smith Barney meteorologist Jon Davis warned the “WINTER IS NOT OVER!” last week and a number of other weather forecasters agreed.
March 3, 2003
Meteorologists Agree: Baby, it’s Cold Outside
It appears that most of the Lower 48 states will not be reaching for their flip-flops and suntan lotion anytime soon as a number of weather forcasting agencies are calling for winter weather to go on, and on, and on. While pointing out that the storm now approaching the East will not be as fierce as the President’s Day “city storm,” Salomon Smith Barney meteorologist Jon Davis warned “WINTER IS NOT OVER!”
February 25, 2003
Midwest Gets High Marks for Pipe, Storage Capacity
The Midwest — a region that was said to be “very dependent” on outside sources for natural gas — got a clean bill of health last Wednesday from FERC staff, who concluded in a report that “adequate pipeline and storage capacity” exists to meet the gas needs of the regional market.
November 4, 2002
Midwest Gets High Marks for Pipe, Storage Capacity
The Midwest — a region that was said to be “very dependent” on outside sources for natural gas — got a clean bill of health Wednesday from FERC staff, who concluded in a report that “adequate pipeline and storage capacity” existed to meet the gas needs of the regional market.
October 31, 2002
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