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Rare

Colder Forecasts, Screen Boost All Cash Points

Uniformity of price change direction made one of its relatively rare (in recent months) returns to the spot market Tuesday when quotes arose across the board in trading for last-of-month flows. A cold front moving into the western sections of the Midwest Wednesday and freezing overnight temperatures in the Rockies and parts of Western Canada had heating load on the rise, and Monday’s 5.1-cent expiration-day increase by November futures chipped in a little extra support.

October 31, 2007

Nearly All Points Record Double-Digit Gains

Unified price movement almost made one of its rare return visits to the cash market in recent weeks Thursday. All points responded to the previous day’s 22.1-cent advance by August futures with gains. Prices rose overall despite a substantial dearth of fundamental cooling load in many areas.

July 20, 2007

March Slips a Nickel, Punxsutawney Phil Predicts Early Spring

March gas futures inched 5.4 cents lower Friday to $7.476 in a very quiet day of trading on this rare Feb. 2 when the famous Punxsutawney, PA groundhog failed to see his shadow, presaging an early spring. Little was revealed about what’s in store for this week, which is widely expected to be the coldest of the year for the Lower 48.

February 5, 2007

Futures Quiet as ‘Topping Pattern’ Vs. ‘Market Pause’ Argued

After its meteoric rise from a July 25 low of $7.185 to a Monday high of $8.870, September natural gas futures decided to put in a rare and relatively quiet day of trading on Tuesday.

August 10, 2005

EIA Revises Methodology for Historical Storage Data Comparisons

In order to sort out historical alignment issues in the rare year — such as 2004 — when there are 53 weekly natural gas storage reports instead of the usual 52 (see Daily GPI, Jan. 7), the Energy Information Administration (EIA) said Thursday that beginning with the report for the week ending Jan. 7, it has implemented a daily interpolated average approach of calculating the year-ago and five-year average statistics.

January 18, 2005

EIA Revises Methodology for Historical Storage Data Comparisons

In order to sort out historical alignment issues in the rare year — such as 2004 — when there are 53 weekly natural gas storage reports instead of the usual 52 (see NGI, Jan. 10), the Energy Information Administration (EIA) said Thursday that beginning with the report for the week ended Jan. 7, it has implemented a daily interpolated average approach of calculating the year-ago and five-year average statistics.

January 17, 2005

CPUC Okays $326 Million PG&E General Rate Case

In a case settled months ago, the California Public Utilities Commission in a rare unanimous decision last Thursday approved a $326 million 2003 general rate case for Pacific Gas and Electric Co., whose increased rates have been in effect subject to change once the state regulators acted.

May 31, 2004

CPUC Okays $326 Million PG&E General Rate Case

In a case settled months ago, the California Public Utilities Commission in a rare unanimous decision Thursday approved a $326 million 2003 general rate case for Pacific Gas and Electric Co., whose increased rates have been in effect subject to change once the state regulators acted.

May 28, 2004

CPUC Supports Running Cable, Fiber Optic in Gas Distribution Lines

In a rare show of unanimity, the five members of the California Public Utility Commission (CPUC) agreed on two different natural gas requests from Sempra Energy’s two utilities — Southern California Gas Co. and San Diego Gas and Electric Co. (SDG&E). One action clarifies an inherited supply contract tied to a state bulk power contract, and the other item opens the utilities’ gas distribution pipes to cable/telecom operators.

October 6, 2003

CPUC Clarifies, Supports Natural Gas Moves Forward

In a rare show of unanimity, California’s five energy regulators agreed on two different natural gas requests from Sempra Energy’s two utilities — Southern California Gas Co. and San Diego Gas and Electric Co.

October 6, 2003