Transportation Notes

Reflecting heavy weather load in the Upper Plains and Upper Midwest, Northern Natural Gas declared a System Overrun Limitation for all market-area zones effective Thursday until further notice.

October 31, 2002

Widespread Heat, Screen Spur Gains at All Points

High temperatures in nearly every section of the U.S. except the Midwest and Upper Plains, along with strong energy futures, generated a run-up in gas prices at all points Monday.

August 13, 2002

Texaco Exceeds Analysts’ Expectations, Tops $800M Again

White Plains, NY-based Texaco, the number three energy major, achieved record second quarter income that exceeded analysts’ expectations, reporting Wednesday that it had income of $817 million, or $1.50 per share, compared with $614 million, or $1.17 per share, for the second quarter of 2000. Net income for the period was $784 million, or $1.44 per share.

July 26, 2001

Weather Heats Up Eastern Prices; Western Prices Fall

It was getting hot just about everywhere Tuesday except in the Upper Plains. The rising air conditioning load had a moderate price-boosting effect in eastern markets, but virtually none at all in the West.

June 20, 2001

Industry Brief

White Plains, NY-based U.S. Energy Systems Inc. on Tuesday reported that it is acquiring Trigen Energy Canada Co., an indirect subsidiary of Trigen Energy Corp., in a transaction totaling $18 million. The acquisition includes two district energy systems, one located in Charlottetown, PE and the other in London, ON. The Charlottetown District Energy System provides heating and other energy services to 102 customer buildings under long-term contracts, including provincial and privately owned buildings in the downtown area. U.S. Energy Systems said that energy is produced at Charlottetown’s renewable biomass and energy- from-waste facilities. The London District Energy System features a combined heat and power plant that provides electricity, heating and cooling. Energy services are provided to 71 customer buildings. Electricity is also sold to the municipal utility, London Hydro. U.S. Energy Systems is an independent producer of power, generated close to the customer. It develops, owns and operates combined heat and power plants and energy plants utilizing renewable fuels in North America.

June 13, 2001

Sharp Declines, Rebounds, Leave Wide Daily Ranges

A blast of cold weather and snow in the Rockies and northernPlains helped lift cash prices more than a quarter from weekendlevels at some Rocky Mountain region locations, but cash prices atmost points east of the Rockies lost their footing early yesterdayand slid most of the day before regaining ground late in thesession.

November 7, 2000

Transportation Notes

Northern Natural Gas took its Plains Turbine down Monday forabout three weeks of unplanned repairs. The outage affects 100,000MMbtu/d at nine points on the Hobbs System in southeastern NewMexico.

October 27, 1999
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