Was it a case of deja vu? Friday’s market was close to a carbon copy of the day before. Sizeable declines in the Northeast and plunges in San Juan Basin and the Rockies mingled with moderate upticks at nearly all other points. The gains were around a dime or less in a majority of cases.
Repeats
Articles from Repeats
History Repeats Itself in Current Liquidity Crunch
The power industry may be suffering now from a liquidity crunch, but it’s not the first time for the sector, and history may offer some “important” lessons, according to a Standard & Poor’s credit analyst.
Half of Today’s Proposed Gas-Fired Plants May Never Be Built
If recent energy industry history repeats itself, more than half of today’s proposed natural gas-fired power plants will never be built. High gas prices could help prevent 40,000 to 50,000 MW of new generation from upgrading the nation’s fleet of coal and nuclear electricity generating plants, according to a power plant consultant speaking Wednesday at NGI’s GasMart/Power 2001 in Tampa, FL.
Aftermarket Repeats February’s Strong Start
Much like the beginning of February, the March aftermarket gotoff to a strong start Tuesday with swing numbers for March 1 onlytrading up from apparent index levels. Unlike last month,first-of-March prices also were generally at least a nickel or moreabove end-of-February levels.
Once More, With Feeling: Gas Prices Are Flat
Like the “Row, row, row your boat” verse that repeats over andover, cash prices repeated their flat trading pattern Tuesday forthe umpteenth time in 1999. Several points made small gains of 1-3cents, likely deriving their modest firmness from a similar rise onthe futures screen.
Cash Market Nearly Repeats Tuesday
Wednesday’s cash market was almost a carbon copy ofTuesday’s-flat to about a nickel higher at the great majority ofpoints but going lower in the Rockies. About the only differencewas in California numbers, which were flat to slightly higherWednesday instead of joining the Rockies in softening.