Preparing for the potential inability of Peachtree Natural Gasto reliably supply gas, the Georgia Public Service Commission(GPSC) decided to issue an RFP yesterday for any marketer who wouldwant to be an interim pooler and accumulate some or all ofPeachtree’s 177,000 customers. The RFP is scheduled to concludetoday.
Worst
Articles from Worst
Complaints, Contract ‘Outs’ Stall Northeast Pipeline Projects
Having a U.S. congressman line up against a proposed expansionisn’t the worst thing that could happen to a natural gas pipeline,but it ranks right up there with the dreaded FERC investigation orthe unexpected financial audit. That’s the fate that has befallenTranscontinental Gas Pipe Line’s MarketLink project.
February 15, 1999
Futures Continue to Plod Toward $2.00
Expiration day at Nymex has been a bull-trader’s worst nightmarerecently because the last several contracts have been ushered offthe board amid a tempest of late selling activity. Septemberslipped 9 cents on its last trading day to cap off a 27.5 centprice decline for the week. Likewise, October and Novemberplummeted 15 cents and 13.6 cents to settle to either side of $2.00at final settlement. And although December’s fate is far fromsealed, Monday’s 6.6-cent losses and $2.097 penultimate settlementprompted traders to wonder if the market might be in for anotherround of expiration-day losses today.
November 24, 1998
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