Participants

Revised CA Gas Infrastructure Report Reflects Short-Term Confidence

At the request of several major market participants, the California Energy Commission revised its draft natural gas infrastructure report to increase its short-term assuredness, but it also raised questions about over-reliance on natural gas for electricity generation longer term. The report is on the commission’s agenda for approval Wednesday (Oct. 3).

October 1, 2001

Lawsuits, FERC Challenges Force Cal-PX into Chapter 11

Still holding on to the collateral of its 70-odd participants inthe form of letters of credit and bonds worth hundreds of millionsof dollars, California’s state-chartered nonprofit wholesale spotmarket for electricity, Cal-PX, chose a Chapter 11 bankruptcyfiling last week because of the preponderance of litigation andfederal regulatory actions pending, its CEO George Sladoje saidMonday.

March 13, 2001

Nymex to Expand End-of-Week Post-Close Session

In an effort to provide a more expansive period in whichparticipants can adjust their positions on evenings whenafter-hours Access trading is unavailable, the New York MercantileExchange will offer a 10-minute post-close trading session at theend of every week, with the same trading range that occurs duringthe day’s trading session, for its crude oil, heating oil, unleadedgasoline, and natural gas futures contracts.

February 12, 2001

Groups Push New Power Plant Construction

While various market participants and analysts are advising astepped up construction schedule for new power plants, oneCalifornia community may be getting the message.

January 30, 2001

Summit an Eye-Opener For Suppliers, Users

The one-day “Natural Gas Summit” held yesterday in Coloradoturned out to be quite an eye-open for industrial gas customers andsuppliers alike, according to participants.

July 11, 2000

NEB Shows Confidence in Gas Deliverability

Canada’s National Energy Board has sent a message toparticipants in the international natural gas trade: Stay cool andgreet predictions of Canadian supply shortages with healthyskepticism.

October 11, 1999

NEB Confident In Deliverability

Canada’s National Energy Board has sent a message toparticipants in the international natural gas trade: Stay cool andgreet predictions of Canadian supply shortages with healthyskepticism.

October 11, 1999

March Futures Rally On Short-Covering

Market participants cited short-covering and relatively strongcash prices as the main reasons for a 7.4-cent gain turned in bythe March Nymex contract Tuesday. The contract flirted around theminor resistance level of $1.81 for most of the day before settlingslightly higher at $1.818.

February 3, 1999
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