Softening continued in the cash market Tuesday, but the rate of decline slowed down considerably. Only a couple of points fell by more than a dime, while most of the others dropped a little more than a nickel or less. Scattered points, mostly in the Rockies, were flat to marginally higher.
Slower
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Heat-Related Upticks Continue, But at a Slower Pace
Despite some hints of moderating weather in a couple of areas, this week’s heat-based rally in the cash market continued Tuesday with some extra support from a dime-plus futures gain. A slight majority of points registered rises in the teens, but there was a big increase from Monday in the number of upticks between a nickel and a dime, indicating a slowdown of upward momentum.
July 11, 2001
Prices Keep Dropping, But by Lesser Amounts
Most prices kept falling Thursday but at a slower rate of decline than on Wednesday. Citing lower weekend load and the prospects for milder weather, a number of traders expect more softness today.
April 20, 2001
Price Slump Slows; West Coast Sees Moderate Upticks
Prices continued to fall in most markets Tuesday, but at aconsiderably slower pace than the previous day’s plunges. Mostdecreases were around 30 cents or less, while California points andStanfield achieved gains from a little less than a dime to about 35cents as more seasonable weather returned to the West Coast.
February 7, 2001
Price Drops Continue But at Much Slower Rate
Prices kept falling Wednesday, but the declines wereconsiderably more moderate than the previous day’s plunges.Dollar-plus drops at the Northern California points (Malin andPG&E citygate) were the only remaining vestiges of the marketrout that had appeared to be developing Tuesday. All non-Californiapoints ranged from flat to down about a dollar.
January 25, 2001
PG&E Values Hydroelectric System at $2.8 B
Abandoning a slower, ongoing auction process under way at theCalifornia Public Utilities Commission, Pacific Gas and ElectricCo. Wednesday asked state regulators to okay a $2.8 billion valuefor its 3,896-MW hydroelectric generating system and its transferto a nonutility PG&E affiliate. PG&E’s utility said it hasreached a settlement with water, consumer, agricultural and utilityemployee union groups.
August 11, 2000
Price Rise Slows as Storm Influence Wanes
Nearly all prices continued to climb Tuesday but at a slowerpace than on the day before. Few points advanced more than a dime,San Juan Basin and the Southern California border were flat, andSumas prices into Northwest saw the rare decline of about a nickel.
August 9, 2000
Slower Marketing Revenue Growth Expected
Price spikes, volatility, tight margins and stiff competitionhave prompted many energy marketers to reconsider their positionsand strategy, and this is causing changes in the energy marketingarena as a whole, according to a new report by Frost &Sullivan.
April 24, 2000
Slower Marketing Revenue Growth Expected
Price spikes, volatility, tight margins and stiff competitionhave prompted many energy marketers to reconsider their positionsand strategy, and this is causing changes in the energy marketingarena as a whole, according to a new report by Frost &Sullivan.
April 12, 2000
Slower Growth Reported by Top 20 Marketers
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.
March 15, 2000
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