Except for smaller price increases, cash trading Tuesday wasalmost a repeat of Monday’s. Small upticks of about a nickel orless dominated in the East and were mostly associated with thescreen’s late run-up Monday, sources said. Slightly larger gains atmost western points got extra support from cooling load that wasconcentrated in the hot east-of-California markets of the desertSouthwest.
West
Articles from West
Prices Flat in Most Areas; Northeast and West Decline
Weekend cash prices hit a plateau Friday in theMidcontinent/Midwest, Gulf Coast and Appalachia, but softened inthe Northeast and at most western points.
April 17, 2000
Mild Weather Causes Mild Price Fall; West Strongest
Despite a Wednesday afternoon storage report that many tradersconsidered modestly bullish, most prices fell by up to a nickelThursday. California and a few Rockies and South Texas points, withflat to slightly higher showings, defied the overall trend.
March 24, 2000
Prices a Little Higher Despite Weak Fundamentals
Other than moderately cooler weather in the West, traders couldfind little fundamental support for cash prices Wednesday yet stillmanaged to push them higher at most points by small amounts ofabout a nickel or less. Two or three Northeast points were the onlyones exhibiting slight softness.
March 23, 2000
Forcenergy Has Well Blowout in Gulf
Forcenergy Inc. reported a blowout yesterday on an exploratorywell at West Cameron Block 317, located 65 miles south of LakeCharles, LA, in the Gulf of Mexico. The blowout occurred duringcompletion operations, but it has not ignited. All personnel havebeen safely evacuated from the Marine Drilling Rig No. 4.Forcenergy has notified all of the proper governmental authoritiesand is cooperating fully with each respective agency.
March 23, 2000
Transportation Notes
Reliant will limit West of Amber capacity to 360,000 Dth/d forWednesday only due to maintenance on the #3 compressor at AmberJunction Station (Grady County, OK).
March 21, 2000
Northeast Leads Price Rise; West Increases Smallest
Prices returned to a fairly strong upward track in most marketsThursday except for the Rockies and California, where an extendedhigh-inventory OFO by PG&E put a damper on things.
March 17, 2000
ONEOK Buying Kinder Assets, Marketing
As part of a continued streamlining, Kinder Morgan Inc. unloadedall of its Oklahoma, Kansas and West Texas gathering and processingbusinesses last week to ONEOK Inc. In addition, ONEOK agreed to buyKinder’s marketing and trading business as well as certain storageand transmission pipelines in the Midcontinent.
February 14, 2000
ONEOK Buying Kinder Midcontinent Assets
Kinder Morgan Inc. and ONEOK Inc. agreed for ONEOK to buy all ofKinder’s gas gathering and processing businesses in Oklahoma,Kansas and West Texas, the companies announced Tuesday. Inaddition, ONEOK agreed to buy Kinder’s marketing and tradingbusiness as well as certain storage and transmission pipelines inthe Midcontinent.
February 9, 2000
Transportation Notes
Unanticipated maintenance on the #3 compressor at Amber Station(Grady County, OK) is expected to limit total West of Ambercapacity to 340,000 Dth/d through Friday, Reliant said.
February 9, 2000
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