Update

May Cash Market Prices at 05/23/2002 Close

Notes: Prices are in U.S. $/MMbtu for dry gas traded on Thursday May 23, 2002 for May delivery. Dashes in the change column indicate that insufficient information was collected to update the corresponding price. Comma delimited format (Premium Service)Tab delimited format (Premium Service) ©Copyright 2002 Intelligence Press, Inc. All rights reserved. The preceding news report…

May 24, 2002

Bush Says He Hasn’t Talked with Enron, Says Concerned for Ex-Employees

In a press conference originally set up to update the public about international affairs, President Bush said Friday that he had not had any contact with Enron Corp. officials since the bankruptcy filing, but said he was concerned about the city of Houston and the ex-Enron employees who had lost their “life savings” when the company declared bankruptcy.

December 31, 2001

Desert Blast Kills 11; Shuts in El Paso South Mainline

As the week of the worst natural gas pipeline disaster in the U.S. drew to a close, with the last of the 12 victims dying on Friday, there was no clear indication when service would resume on any of the three lines making up the El Paso Natural Gas’ South Mainline that feeds 1 Bcf/d into the California market.

December 3, 2001

Lehman: Third Quarter Gas Production Down 1.8%

Lehman Brothers Analyst Thomas Driscoll said in a third quarter update that domestic gas production from 34 companies that have reported (representing about 60% of total U.S. production) was down about 1.8% from the second quarter, which was nearly 2% below the analyst’s expectations. Production from the group was down 0.6% from the same quarter last year. However, Driscoll expects a slight rebound in the fourth and first quarters because of seasonal trends.

November 5, 2001

Lehman: Third Quarter Gas Production Down 1.8%

Lehman Brothers Analyst Thomas Driscoll said in a third quarter update that domestic gas production from 34 companies that have reported (representing about 60% of total U.S. production) is down about 1.8% from the second quarter, which was nearly 2% below the analyst’s expectations. Production from the group is down 0.6% from the same quarter last year. However, Driscoll expects a slight rebound in the fourth and first quarters because of seasonal trends.

November 2, 2001

Willcox Lateral to Mexico 75% Complete, El Paso Says

Construction of the Willcox Lateral to the Mexican border was about 75% complete as of the beginning of May, El Paso Natural Gas said in a status update on the project. Work on the line began in April, and final state and federal regulatory permitting is in progress, El Paso said.

May 7, 2001

Willcox Lateral to Mexico 75% Complete, El Paso Says

Construction of the Willcox Lateral to the Mexican border was about 75% complete as of the beginning of May, El Paso Natural Gas said in a status update on the project. Work on the line began in April, and final state and federal regulatory permitting is in progress, El Paso said.

May 3, 2001

NEB to Rewrite Canadian Pipe Safety Rules

Sensing that it was time to update its 1988 Pipeline CrossingRegulations, Canada’s National Energy Board moved another steptoward the development of new regulations called the DamagePrevention Regulations (DPR) that will govern pipeline safetythroughout the country.

February 20, 2001

AGA Study Shows Customer Choice Trend

Customer choice in the United States is picking up steam, asevidenced in the American Gas Association’s (AGA) Energy Analysis2000 update released last month. The study follows natural gaspurchasing trends for the industrial, electric utility, commercialand residential sectors.

September 4, 2000

AGA Study Shows Customer Choice Trend

Customer choice in the United States is picking up steam, asevidenced in the American Gas Association’s (AGA) Energy Analysis2000 update released yesterday. The study follows natural gaspurchasing trends for the industrial, electric utility, commercialand residential sectors.

August 25, 2000