Settled

PNGTS Work Site Dispute Settled

A U.S. federal court resolved a dispute between Portland NaturalGas Transmission System (PNGTS) and Central Maine Power (CMP) overthe use of a CMP right-of-way for the installation of PNGTS. PNGTSwas granted a motion for preliminary injunction filed against CMPin March. The court’s action gives PNGTS immediate possession ofthe property rights on CMP-owned electric transmission corridorsnecessary to install pipeline facilities approved by the FederalEnergy Regulatory Commission (FERC).

April 14, 1998

Price Slide Levels Off With Only Slight Softness

Cash markets settled down for the weekend Friday with flat toslightly softer prices prevailing. Most of the declines of 2-4cents were concentrated in the Gulf Coast and Appalachia/Northeast.

March 9, 1998
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