Citing forecasts of falling temperatures and windy conditions, Northern Natural Gas will implement a System Overrun Limitation in all market-area zones (ABC, D and E/F) Tuesday. No System Management Service will be available, Northern said.
Windy
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Small NE Gains Contrast With Mild Softness Elsewhere
Forecasts of a windy and chilly Wednesday in the Northeast were enough to give a small boost to citygates there, but otherwise the market Tuesday continued the trend of mild softness that has prevailed since last Friday.
Southwest Stuck between Two Merger Offers
Representing the latest curve on what has become a very windyroad, Southwest Gas announced Wednesday it is reviewing SouthernUnion’s revised merger offer even though it already entered into amerger agreement with Oneok earlier this week. With two offers onthe table, Southwest Gas has said it will not comment further onthe subject until a decision is made, and industry analysts say thedecision will not be easy.