Skyrockets

TradeSpark LP, the electronic and voice brokerage energy trading marketplace that debuted less than a year ago, said last week it had more than doubled its overall transaction volumes in just three months, trading more than $41.9 billion (notional value) in energy products in the second quarter, a 131% increase over the trades made in the first quarter of the year.

TradeSpark LP, the electronic and voice brokerage energy trading marketplace that debuted less than a year ago, said Tuesday it had more than doubled its overall transaction volumes in just three months, trading more than $41.9 billion (notional value) in energy products in the second quarter, a 131% increase over the trades made in the first quarter of the year.

Alberta Energy Co. Ltd. , one of North America’s largestindependents, turned in a stellar performance in 2000, doublingcash flow and recording net earnings up five-fold, at the same timeit positioned itself for future gains, adding reserves equal to458% of production.

The demise of Debby, softer futures and just not enough summerheat to really matter kept the cash market on a slide Thursday asalmost all points plunged by about 20 cents or more. Predictably,however, the smallest declines were registered by California as ananticipated reopening of one line at Pecos River Station on ElPaso’s southern branch failed to materialize due to a regulatoryfiat.