Threat

Deepwater Drilling Gets Good Marks from MMS

Routine drilling operations in the Gulf of Mexico’s deepwaterpose little threat to the environment or human health, and, infact, play a significant role in the socioeconomic status of itsport communities. That’s the conclusion of a new report by theMinerals and Management Service (MMS) of the U.S. Department ofInterior, which published its conclusions for a projected 10-yearperiod on deepwater operations between 1998-2007.

June 19, 2000

Deepwater Drilling Gets Good Marks from MMS

Routine drilling operations in the Gulf of Mexico’s deepwaterpose little threat to the environment or human health, and, infact, play a significant role in the socioeconomic status of itsport communities. That’s the conclusion of a new report by theMinerals and Management Service (MMS) of the U.S. Department ofInterior, which published its conclusions for a projected 10-yearperiod on deepwater operations between 1998-2007.

June 16, 2000

Northern Border Project Dubbed a Threat to NGPL’s Market

Despite its claims otherwise, Northern Border Pipeline’sproposed Project 2000 expansion/extension will have a significant”negative impact” on Natural Gas Pipeline Co. of America (NGPL),both on a system-wide basis and on its deliveries to North Hayden,IN, the Kinder Morgan pipeline said.

November 15, 1999

Northern Border Project Called a Threat to NGPL Market

Despite its claims otherwise, Northern Border Pipeline’sproposed Project 2000 expansion/extension will have a significant”negative impact” on Natural Gas Pipeline Co. of America (NGPL),both on a system-wide basis and on its deliveries to North Hayden,IN, the Kinder Morgan pipeline said.

November 4, 1999

East Softer, West Sees Small Gains; Floyd Threat Waning

The cash market turned in a decidedly mixed performance Monday.In general, quotes at many western points were up a nickel or so,while the East ranged from essentially flat to down as much as adime. A marketer had a simple explanation: “The West had a littlemore weather (cooling load) than the East did.” A screen drop of 2cents only had the barest negative influence on cash, sources said.

September 14, 1999

Power Price Spikes Pose Threat This Summer

Major price spikes could recur in the Midwest power market thissummer, according to a key consulting group. “I would say it’s like50-50 whether we’re going to have very gross spikes there,” saidJudah Rose, vice president of wholesale power for ICF KaiserInternational Inc. “It looks like we may luck out, but it’s stillvery, very dicey” in the Midwest region. A major factor is “no oneknows who’s in charge of reliability in the Midwest,” he toldGasMart/Power ’99 in Dallas. Rose believes the federal governmentneeds to intervene to settle the issue once and for all. “There isnothing more federal than the intersected power grid. The federalgovernment needs.to set up who’s in charge of reliability, figureout what the rules are.”

May 12, 1999

Mitch-No-Match for Futures Profit-Taking

The futures market retraced advances tallied Monday and thensome yesterday as traders discounted the threat of Hurricane Mitch.Profit taking by all segments of the market was the feature of theday. Only the final bell could stop the price erosion that left theNovember contract down 19 cents to settle at $2.108.

October 28, 1998

Futures Spike Amid Hurricane Fear

The futures market spiked higher Monday in response to thethreat to natural gas supplies in the Gulf of Mexico posed byHurricane Mitch. There was an early buying surge as non-commericaltraders struggled to close out short positions ahead of the rally.However, once the market started its momentum, buying came from allsegments of the market. The November contract settled up 13.4 centsto $2.298.

October 27, 1998

Tropical Storm Threat Prompts Short-Covering

The futures market began the week Tuesday in the same fashion itclosed out last week – probing higher amid a technical bouncesupported by continued apprehension about tropical storm activity.That enabled the October contract to post a gain for its third dayin a row by advancing 9.1 cents to $1.874.

September 9, 1998

Transportation Note

Fearing a weekend threat to system integrity from oversupply,Sonat implemented an OFO Type 6 effective Saturday (July 25) untilfurther notice. The OFO carries tiered penalties of up to $15/dthfor positive imbalances exceeding 8% of allocated deliveries.

July 27, 1998
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