Sources attributed moderate gains in most of the cash market Thursday to storage buying, carryover effect from the screen’s previous-day increase of a little more than a dime and — yes, a little bit of weather, both hot and cold.
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Sempra, Enron Subpoenaed in CA Gas Price Case
FERC Chief Administrative Law Judge Curtis L. Wagner Jr. denied Sempra Energy’s bid to quash a Commission subpoena that orders it to turn over information relevant to a hearing into possible manipulation of natural gas prices in the California market. He also ordered three Enron companies to respond to subpoenas in the case.
Sempra Ordered to Respond to Subpoena in CA Gas Price Case
Chief Administrative Law Judge Curtis L. Wagner Jr. has denied Sempra Energy’s bid to quash a FERC subpoena that ordered it to turn over information relevant to a hearing into possible manipulation of natural gas prices in the California market.
Bearish Storage Figure Expected to Quash Price Rally
Prices went up by about a dime or more at nearly all pointsWednesday, but sources were in consensus that the brief marketfirmness will not continue today.
Lawsuit Seeks to Quash Wisconsin Utility Merger
WICOR Inc., parent of Wisconsin Gas, says it intends to”vigorously defend” itself against a shareholder class-actionlawsuit that seeks to put the brakes to the company’s proposedacquisition by Wisconsin Energy Corp.