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To: Zardoz who wrote (39972)9/2/1999 4:23:00 PM
From: Chispas  Respond to of 116814
 
Hutch,
Laugh while you can. You're on a lot of lists, too.

Chispas



To: Zardoz who wrote (39972)9/2/1999 4:41:00 PM
From: long-gone  Read Replies (1) | Respond to of 116814
 
Thursday September 2, 3:51 pm Eastern Time
US spot gas prices plummet on bearish fundamentals
NEW YORK, Sept 2 (Reuters) - U.S. spot natural gas prices fell by more than 10 cents on Thursday, widening the weekly loss to about 40 cents, industry sources said.
Pressuring the physicals were mild weather forecasts, a higher-than-expected build in storage last week and the lack of tropical activity, sources said.
``It's not as hot as it normally is down here. There's just very little demand anywhere, and there are no storms to threaten the Gulf,' one Texas-based trader said.
Prices at Henry Hub were quoted mostly at $2.56 per mmBtu, down an average of 15 cents from Wednesday and comparing with $2.95-2.99 a week ago.
In the Northeast, New York city gate prices on Transco were quoted early in the mid-$2.80s before falling into the mid-$2.70s late, sources said. Appalachian gas on Columbia also weakened further to about $2.64-2.68, while CNG finished in the low-$2.70s.(cont)
biz.yahoo.com