Potential

Transportation Notes

Northwest gave shippers notice Friday afternoon of a potential OFOthat would take effect today “if scheduled quantities remain atroughly the same level at Kemmerer as they have for the past twodays.” The pipeline noted that customers scheduled a net 501,982 Dthto flow north through the Kemmerer (WY) Compressor Station forFriday’s gas day and a net 521,204 Dth through the Timely cycle forSaturday’s gas day. Station capacity is 474,000 Dth. The pipelinecontinued: “Cooler temperatures are forecasted for Northwest’s majormarket areas. Further, the price differences among the various supplybasins connected to Northwest’s system continue to favor gas purchasesat receipt points south of Kemmerer. Overscheduling at Kemmererrequires Northwest to withdraw from its Jackson Prairie [storage]inventory. System reliability dictates that withdrawals cannotcontinue indefinitely.” No OFO had been issued as of press time Mondayafternoon, but a Declared Stage II Entitlement (see Daily GPI, Oct. 30) remained in effect.

October 31, 2000

EIA: Gas, Heating Oil Vulnerable to Winter Price Shocks

Due to low inventory levels, natural gas and heating oil will bethe most vulnerable of all home heating fuels to potential priceshocks this winter if the weather should turn colder than normal,according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook.

October 10, 2000

EIA: Gas Vulnerable to Winter Price Shocks

Due to low inventory levels, natural gas and heating oil will bethe most vulnerable of all home heating fuels to potential priceshocks this winter if the weather should turn colder than normal,according to the Energy Information Administration’s (EIA) latestShort-Term Energy Outlook.

October 9, 2000

Hurricane, Energy Futures Boost Cash Market

Amid concerns about the potential track of Hurricane Keith and with help from strong natural gas, crude oil and heating oil futures, cash prices emerged from a generally softer weekend to register widely varying gains at nearly all points Monday.

October 3, 2000

Industry briefs

Penn Virginia Corp., headquartered in Radnor, PA, has retainedWaterous & Co. to assist with the potential sale of a portionof the company’s Appalachia oil and gas properties. The properties,with an estimated 70 Bcfe of proved reserves are 97% natural gas.Current net production from the properties is 7 MMcf/d. A data roomto review detailed property information is expected to open inHouston later this month. More information is available atwww.waterous.com.

September 18, 2000

PG&E, Avista Moving Forward on Stanfield Storage

FERC has given the green light for PG&E and Avista to moveforward on an investigation into the potential development of a newnatural gas storage facility in Eastern Washington near theStanfield Hub.

August 14, 2000

PG&E, Avista Moving Forward on Stanfield Storage

FERC has given the green light for PG&E and Avista to moveforward on an investigation into the potential development of a newnatural gas storage facility in Eastern Washington near theStanfield Hub.

August 11, 2000

Questar’s Southern Trails Gets Green Light

Despite the objections of potential competitor SouthernCalifornia Gas (SoCal), FERC last week awarded Questar SouthernTrails Pipeline Co. a certificate to build a new 693-mile pipelinethat would directly serve customers in southern California —territory that has long been dominated by SoCal.

July 31, 2000

Questar’s Southern Trails Line Gets Green Light

Despite the objections of potential competitor SouthernCalifornia Gas (SoCal), FERC has awarded Questar Southern TrailsPipeline Co. a certificate to build a new 693-mile pipeline thatwould directly serve customers in southern California — aterritory that has long been dominated by SoCal.

July 28, 2000

Review of New England Pipe Market Under Way

Interstate pipelines will want to be on the look-out for a majorstudy that will review the potential of the New England pipelineinfrastructure to supply the “enormous” increase in the demand fornatural gas by power generators in the region.

July 19, 2000