Although the power industry has been rocked by sharp pricerun-ups this summer, average real electricity prices are projectedto drop by more than 25% by 2015 largely due to improvedefficiencies and cost reductions brought about by electricityrestructuring, the Gas Research Institute (GRI) said in a new studyissued yesterday.
Summer
Articles from Summer
El Paso Pooling Scheduled for Technical Conference Again
If you thought a new pooling system on El Paso Natural Gas wouldbe approved in time for summer vacation, it looks like you may haveto sweat it out for another season. After months of hair pullingscrutiny and debate, FERC has decided to reject El Paso’s March 16filing for scheduling gas pooling transactions on its system andconvene yet another technical conference on the complex matter.
July 17, 1998
Nymex Prices Continue Strong March Into Summer
The May Nymex contract surged 13.3 cents to $2.668 Wednesday,despite cash market prices which remained relatively unchanged. Thereason why? “Who really knows, but what I do know enough funds wereconvinced this market was a play to trigger buy stops above $2.61.Estimated volume of more than 80,000 contracts tells you that,” asource told GPI.
April 8, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
