Record warmth and much below average storage withdrawals this winter have prompted Natural Gas Pipeline Company of America to file a request with FERC to increase the capacity of its Cook Mills storage field by 1.2 Bcf to 6.4 Bcf. The increase would be accomplished by raising the pressure of the field, which is located in Coles and Douglas counties, IL. No new facilities are planned, and NGPL said it does not intend to increase the deliverability of the field.
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CMS: Warmth to Hurt 4Q But 1999 Still a Success
Despite warning investors last week that warm weather during the fourth quarter could negatively impact earnings by as much as 10 cents/share last week, CMS Energy has nonetheless deemed 1999 a success. Its earnings will be released in mid-January, a company spokesman said.
CMS: Warmth to Hurt 4Q but 1999 Still a Success
Despite warning investors that warm weather during the fourthquarter could negatively impact earnings by as much as 10cents/share, the CMS has nonetheless deemed 1999 a success. Itsearnings will be released in mid-January, a company spokesman said.
Warmth Boosts Western Prices While East Levels Off
Prices failed to move much more than a penny or two up or downMonday at most eastern points, but power generation load was strongenough to support moderate upticks in the West. Trading activitywas slow for both June swing and July gas, said a marketer who sawGulf Coast pipes come off 3-4 cents from their early-morning highs.Cash was essentially waiting for something to happen, he added,”because neither it [cash market] nor the screen is going anywherethese days.”