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The bullishness that had been a feature of the cash market sincemidweek slowed down considerably Friday. Most eastern points rangedfrom flat to about a nickel higher, while several Northeastcitygates joined the Rockies and Southern California border insmall declines.

Despite the numerous troubles that have plagued the deregulated Georgia retail gas market since its inception in 1997, Georgia Public Service Commissioner Bobby Baker said yesterday in an interview that other states need to realize business-related matters rather than regulatory and legislative snafus were primarily to blame for the difficulties.

It’s been a month since Western Hub Properties LLC received a regulatory green light on its Lodi Gas Storage Project in Northern California, but the company already is preparing to launch two more storage fields and has several others on the way.

Prospects for Arctic natural gas development in both Alaska andCanada’s Northwest Territories are running at their strongest sincethe dawn of the idea three decades ago, but how it will happenremains up in the air.

Prospects for Arctic natural gas development in both Alaska andCanada’s Northwest Territories are running at their strongest sincethe dawn of the idea three decades ago, but how it will happenremains up in the air.

Since coined by Federal Reserve Chairman Alan Greenspan back in 1995 to explain investors’ love of stocks, “irrational exuberance” has come to typify the stock market and its unprecedented bull rally. But last week as stock prices plummeted again, the phrase was a more apt description of the natural gas futures market, which spiked 14% amid bullish technicals unpinned by concerns over a tightness of supply this summer and next winter.

Since coined by Federal Reserve Chairman Alan Greenspan back in1995 to explain investors love of stocks, “irrational exuberance,”has come to typify the stock market and its unprecedented bullrally. But yesterday as stock prices plummeted again, “irrationalexuberance” was a more apt description of the natural gas futuresmarket, which spiked sharply amid a frenzy of short-covering andnew long accumulation. When all the dust had settled and the orderstabulated in the data room at Nymex, the numbers were staggering— the June contract rose a whopping 24.1 cents to finish at$2.689, setting a new 30-month high at $3.73 during a session thatsaw 102,978 contracts change hands.

Despite notching new annual volume records for the fifth consecutive year since NGI started ranking gas marketers, the pace of volume growth among the top 20 North American gas and power marketers has shown some signs of decline.

Despite notching new annual volume records for the fifthconsecutive year since NGI started ranking gas marketers, the paceof volume growth in the gas and power marketing businesses hasshown some signs of decline.