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Although Canadian producers have been displaying theirtraditional optimism with expectations of steady growth in gasdeliverability and production, a new survey of 40 producers by theCanadian Energy Research Institute (CERI) shows that their capitalspending plans tell a different story.

Although Canadian producers have been displaying theirtraditional optimism with expectations of steady growth in gasdeliverability and production, a new survey of 40 producers by theCanadian Energy Research Institute (CERI) shows that their capitalspending plans tell a different story.

Traders correctly assumed prices would keep dropping Thursday,but many likely were surprised by how much the overall downtrendslowed. Except for some sizeable declines in the Rockies/PacificNorthwest, most points fell by about a nickel or less, and a fewregistered flat to up a smidgen.

Despite the huge post expiration-day futures correction lastThursday, prices rebounded some Friday and for good reason,according to Salomon Smith Barney energy analyst Robert Morris.

Despite the large post expiration-day futures correctiondownward last Thursday, prices rebounded some Friday and for goodreason, according to Salomon Smith Barney energy analyst RobertMorris.

The screen was back to putting on a spectacular show forwatchers again Monday. It took practically all day to get there,but the July futures contract kept pushing until it eventuallywound up at $4.398, up 35.5 cents on the day and just shy of thefinal June settlement at $4.406.

An attempt to slow development of merchant power plants inFlorida has been derailed, at least temporarily, but independentpower in the sunshine state still faces some governmental hurdles.

Following the Tortoise and the Hare maxim that slow and steadyoften wins the race, the Kansas Corporation Commission (KCC) hasdecided to approach retail competition at a turtle’s pace. The KCClast week tossed out the idea of installing statewide customerchoice and instead chose to leave open the possibility that MidwestEnergy, one of the state’s many LDCs, can, if it so chooses, filean application for a small retail pilot program.

Following the Tortoise and the Hare maxim that slow and steadyoften wins the race, the Kansas Corporation Commission (KCC) hasdecided to approach retail competition at a turtle’s pace. The KCClast week tossed out the idea of installing statewide customerchoice and instead chose to leave open the possibility that MidwestEnergy, one of the state’s many LDCs, can, if it chooses, file anapplication for a small retail pilot program.