Hebert Attack Raises Tensions at FERC

Tensions between Commissioner Curt Hebert Jr. and some fellowcommissioners, which have been rumored to be running high over thepast months, boiled over in the public meeting last week when thecombative regulator publicly labeled as “disingenu[ous] andintellectually dishonest” the majority’s decision in ahydroelectric dam decommissioning case.

September 21, 1998

NEB Boosts Canadian Pipeline Competition

The promised new era of competition is officially off andrunning in Canadian gas transportation after the National EnergyBoard approved a small project with large implications, AECSuffield Gas Pipeline Inc.

August 10, 1998

Screen Takes June Cash Prices Down With It

Wednesday’s last-day plunge in June futures had cash sellersrunning scared, sources said. However, basis differentials did notappear to be changing much if any, a Gulf Coast producer said, sobidweek deals done prior to Wednesday afternoon will tend to beanywhere from 6 to 10 cents above the current market. He was makingsales Wednesday at $2.00-02 for Henry Hub and $1.99-2.00 forColumbia Gulf-onshore.

May 28, 1998

Aftermarket Strength Credited to Screen Run-Up

The April aftermarket got off to a running start with swingdeals being done Tuesday often 2-3 cents above bidweek averages,with a few points even stronger than that. Sources were virtuallyunanimous in attributing the cash strength to a further run-up onthe futures screen. In fact, traders were buzzing all day about thedizzying heights being hit by the May contract, often withquestions like, “What the heck is driving this thing?”

April 1, 1998
1 18 19 20 Next ›