With an Eye on Storage, Traders Thwart Sub-$3 Close

Rebounding from two selling legs early in the session, natural gas prices shot higher Tuesday afternoon as weak shorts were forced to cover their earlier sales. At the closing bell the April contract had settled at $3.018, down 0.3 cents on the day but well above its earlier low of $2.86.

March 13, 2002

FTC Seeks to Thwart BP Amoco-Arco Merger

BP Amoco and Atlantic Richfield Co. (Arco) say they will fightthe Federal Trade Commission in court for their right to merge.Wednesday the FTC said it would seek a preliminary injunction infederal District Court to block the merger.

February 3, 2000

FERC Auction Could Hurt Gas in Power Market

Implementation of a mandated capacity auction, as proposed byFERC in its mega-notice of proposed rulemaking (NOPR), couldsignificantly thwart the opportunity for natural gas to gain agreater share of the prized electricity market in the future.

February 23, 1999

Pipelines Favor ‘Voluntary’ Collaborative Procedures

Mandating the use of a pre-filing collaborative process fornatural gas pipelines would do more harm than good, and in the endcould thwart industry’s efforts to build enough transportationcapacity to support a 30 Tcf market by 2010, a major pipeline groupsays.

December 7, 1998