Specific

Pacific Gas & Electric issued a customer-specific OFO totake effect today. As of Tuesday morning the utility was projectingabove-target linepack levels through Friday.

Flat pricing dominated the cash market again Thursday, butregion-specific variations also continued. While numbers saw littlechange in the Gulf Coast, Midcontinent/Midwest and Southwest,Northeast deliveries took a dive and Rockies pipes saw gains ofabout a nickel or so. The Rockies and Northeast price movements,though divergent, were based on the same influences: changingweather. The East Coast is entering a warm-up period; meanwhile,recent record-setting warmth in the Rockies was a thing of the pastas a stormy cool front moved through the region toward the Plainsstates.

FERC last week accepted the $34.5 million mega-negotiatedcontract between Natural Gas Pipeline Co. of America (NGPL) andAquila Energy Marketing Corp., but there was a glitch. TheCommission’s acceptance was conditioned on the Midwest pipelineproviding a “satisfactory explanation” of why the transactiondoesn’t conflict with capacity-release rules and regulations, whichFERC suspects is the case.

Perceptions of whether September prices were still fallingFriday sometimes depended on the specific market. A trader in theSouthwest basins said numbers bounced around a bit Friday butessentially had hit bottom late Thursday. But another source saidChicago citygates continued to fall to a low of $1.62.

Customers looking for services tailored to their specific needsare driving pipelines to seek lighter-handed regulation includingthe ability to negotiate and deliver those services on the spot-without lengthy FERC proceedings, according to Interstate NaturalGas Assoc. (INGAA) chairman John Riordan.

Customers looking for services tailored to their specific needsare driving pipelines to seek lighter-handed regulation, includingthe ability to negotiate and deliver those services on thespot-without lengthy FERC proceedings,according to InterstateNatural Gas Assoc. (INGAA) chairman John Riordan.