Virtually all eastern points, along with the Permian Basin/Waha market, yielded to weak weather fundamentals and expectations of another large advance in storage injections by dropping about a dime or slightly more Tuesday. However, a spreading West Coast heat wave kept Rockies/San Juan/Pacific Northwest numbers and those related to the Northern California market strongly on the rise.
Yielded
Articles from Yielded
West Pricing Strongest; Power Alert Effects Minimal
Monday’s spot trading yielded a hodgepodge of results, with hotweather in both the East and West being the primary market force.Despite an appeal for electricity conservation in New England asregional power utilities strained to meet demand, gas prices thereshowed little change. But a western heat wave had quotes rangingfrom flat to more than a nickel higher.
June 29, 1999
The Softer Side Dominates Mixed Cash Pricing
A slow and undistinctive trading session Thursday yielded amixed bag of prices that leaned mostly to the slightly softer side.The small declines tended to occur mainly at Eastern points, whilethe West generally was flat to a little higher. Sources continuedto chant the litany of “no weather, no demand.”
October 9, 1998
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