With the second hurricane in as many weeks heading toward the Gulf of Mexico (GOM) production area and causing some operators to have second thoughts about continuing to repopulate their offshore facilities, prices were up at all but two points Monday. The cash market also had support from the previous Friday’s advance of 12.7 cents by October futures and the return of industrial load from its typical weekend decline.
Thoughts
Articles from Thoughts
FERC Plans ‘Discussion Only’ for New Pipes
The Federal Energy Regulatory Commission is expected to go onthe record this Wednesday with thoughts, but not votes, on thecompeting Independence and Millennium pipeline projects which arevying to be the last link in the new path for western Canadian gasdelivered to the U.S. Northeast.
March 8, 1999