The cash market once again ignored spreading mild weatherWednesday and posted price gains that were most often around anickel. Although the central and northern Atlantic Coast regionswere still feeling some late-winter chill, most of the rest of thenation ranged from spring-like to somewhat summerish. So the pricestrength again derived from the screen, sources concluded. It onlyemphasises, one said, that “this market never really has been doingwhat the weather indicates it should this winter.”
Spreading
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Transportation Note
Reacting to frigid weather spreading into the Southeast, Sonatis implementing an Operational Flow Order Type 3 effective todayfor four groups: Birmingham Group, South Main Zone 2, South MainZone 3 and Brunswick Line. The OFO will be extended Wednesday tothe East of Wrens and Savannah Line groups. Due to compressorproblems, Sonat said, the level of interruptible service in the twoSouth Main zones will be less than normal in limitation periods. Inaddition, an OFO Type 22 notice to become effective Wednesday forseven groups was issued by Sonat affiliate South Georgia NaturalGas.
March 10, 1998
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