Prices emerged from the weekend to resume the slide that dominated much of last week’s market. Only the California border-SoCalGas managed to show a gain for the day as a terribly weak screen, continued lack of fundamental support and expectations of another big storage injection report this week combined to push nearly all points down between 10 and 20 cents Monday.
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Two Canadian Provinces Shine In Electric Choice Efforts
Bucking the overall trend in Canada of little to no progress on the electric competition front, Alberta and Ontario earned high marks in a recently released report issued by the Center for the Advancement of Energy Markets (CAEM).
May 8, 2001
Senators Warn Energy Prices Could Triple In 10 Years
If projections that overall demand for oil, natural gas and electricity will jump by 21% over the next decade are on target, U.S. energy prices could come close to tripling in just 10 years based on current supply levels, according to an analysis issued recently by Sens. Charles E. Schumer (D-NY) and Susan Collins (R-ME).
May 7, 2001
Senators Warn Energy Prices Could Triple In 10 Years
If projections that overall demand for oil, natural gas and electricity will jump by 21% over the next decade are on target, U.S. energy prices could come close to tripling in just 10 years based on current supply levels, according to an analysis issued last week by Sens. Charles E. Schumer (D-NY) and Susan Collins (R-ME).
May 1, 2001
Cash Prices Again Rise Dime or More at Most Points
Tuesday trading was close to being a repeat of Monday’s in that the overall price gains were mostly on either side of a dime or greater. Flat to lower numbers at the California border-SoCalGas, PG&E citygate and the Pacific Northwest’s Sumas and Stanfield points were the primary exceptions to continued firmness.
April 11, 2001
Mild Softness Prevails; Cal Border Falls Nearly $10
While the Southern California border stepped up its headlongrush to rejoin the overall gas market and the other two Californiapoints saw big losses, all other points experienced only mildsoftness Wednesday. Only Texas Eastern-Kosciusko and two Northeastpoints (into Algonquin and Iroquois Zone 2) fell more than a dimeamong the non-California markets.
March 8, 2001
CA Again the Contrarian in Slightly Firmer Market
With California acting as the out-of-step market yet again,overall swing prices ranged from flat to moderately higher Monday,with Pacific Northwest points achieving gains of 12-20 cents. Awinter storm that developed over the Upper Plains during theweekend was moving eastward and was largely responsible for themild post-weekend rally, sources said.
February 27, 2001
Davis Outlines State Buyout of Power Lines
California Gov. Gray Davis “delivered” on his plan to buy outthe transmission systems of the financially-troubled investor-ownedutilities in the state Friday, outlining the framework of a deal,but with no dollar signs attached and no on-the-record agreementswith the utilities.
February 19, 2001
CA Prices Soar Amid Mildly Firmer Overall Market
While the rest of the swing market began February flows atprices only moderately up or down from last-of-January levels innearly all cases, California numbers spiked in triple-digit amountsWednesday.
February 1, 2001
Gas Company Results ‘Do Not Disappoint’
With the first week of financial reports for the natural gasindustry in hand, analysts are expecting overall results to be verygood, driven by an extremely cold start to the winter, robustdemand growth, low storage levels and tight supply.
January 25, 2001
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