By virtue of a new agreement with TransCanada PipeLines Ltd.,Sears Canada could become the place where Canadians shop fornatural gas. Sears Canada and TransCanada, through its wholly ownedsubsidiary TransCanada Energy Ltd., plan to offer gas toresidential consumers in Ottawa. The program will start out as apilot, and the agreement between the companies is for six years.Sears will be the first national Canadian general retailer to offergas, the companies said.
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Futures Traders Continue To Be In a Bearish Mood
The April Nymex contract made it five consecutive down days onFriday by virtue of its 1.2 cent loss to $2.129. Several tradersagreed Friday’s price action was a continuation of the 8.7 centdecline turned in on Thursday, coupled with some liquidation aheadof the weekend.
March 9, 1998