It was a tale of two cash markets on Friday, as the majority ofprice points east of the Rockies registered gains of 1 to 7 cents,while prices to the West dropped because of the typical weekenddecrease in California power demand exacerbated by a weekendconstraint announced on PG&E’s system. El Paso (non-Bondad) wasone of the pipes to fall the farthest, finishing in the mid $2.20s.
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Georgia PSC Softens Ultimatum to Customers
The Georgia Public Service Commission (GPSC) unanimously decidedlast week to allow customers to switch from Atlanta Gas Light (AGL)after the previously-determined Aug. 11 deadline, the date when theCommission determines market share among the competing suppliers.Commissioner Robert Baker said the vote will help dispel the rumorof Aug. 11 being a drop-dead date.
Georgia PSC Softens Ultimatum to Customers
The Georgia Public Service Commission (GPSC) unanimously decidedearlier this week to allow customers to switch from Atlanta GasLight (AGL) after the previously-determined Aug. 11 deadline, thedate when market share is determined among the competing suppliers.Commissioner Robert Baker said the vote will help dispel the rumorof August 11 being a drop-dead date.
Lower Weekend Demand Softens West; East Flat
Eastern markets maintained the week’s general pattern of flatpricing Friday, even eking out small increases here and there. TheWest tended to be a little softer due to the usual weekend fall-offin demand, but the declines there were fairly minuscule at no morethan 1-4 cents down in nearly every case.