Considering the expectations of mild weather in the coming week, some traders were undoubtedly surprised when a number of points, mostly in the East, saw flat to a dime higher pricing Friday. However, the overall thrust of a mixed market was downward, with losses running as high as nearly 35 cents in the Northeast but generally a dime or less.
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House Panel Invites 8 Top Energy Officials to Gas Supply-Demand Hearing
Federal Reserve Chairman Alan Greenspan undoubtedly will be the star at Tuesday’s House Energy and Commerce Committee fact-finding hearing that will explore the natural gas supply-demand imbalance situation. But his testimony will be preceded by eight leading executives in the gas industry, who are experts in their own right.
June 10, 2003
When Skilling Left, Titanic Enron Was Sinkproof
Last week was undoubtedly the most action-packed since the scandal enveloping Enron Corp. surfaced last fall, opening with the release of a scathing internal report that identified a corporate climate rife with self-dealing and self-enrichment schemes by Enron top officers, and closing with former CEO Jeffrey Skilling’s stunning testimony before Congress that he “unequivocally” believed Enron was on solid financial footing when he left the company in August 2001. He further disavowed knowing the controversial off-the-book partnerships that led to Enron’s collapse were intended to hide debt and inflate earnings.
February 11, 2002
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