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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (987)	3/5/2001 3:02:21 PM
From: excardog	Read Replies (2) \| Respond to of 23153

Reason behind California gas spike: Transwestern line work to cut natgas flows to Calif. SAN FRANCISCO, March 5 (Reuters) - A day's maintenance on Tuesday in Transwestern Pipeline Co.'s natural gas system in the Southwestern United States will cut gas flows to California by 615 million cubic feet, or 62 percent. Transwestern, a subsidiary of Enron Corp. (NYSE:ENE - news), will conduct scheduled maintenance on a part of the San Juan Lateral to improve the line's efficiency, th??? page said Monday. The web page is located at www.tw.enron.com/twdb/etfr_critical_notices.html. The Gi???uns from west Texas to California, usually operates at around 850,000 million cubic feet a day (mmcfd) but will be reduced to around 235 mmcfd during the maintenance. News of the scheduled curtailment sent prices soaring again at the Southern California Border, a major delivery point, by as much as $5 per million British thermal units to the low-$30 area, traders said. Socal gas prices were sharply lifted late last week by gas cuts in El Paso Natural Gas' (EPNG) pipeline system due to three-day maintenance on a line extending to California that began Saturday and was set to end Monday. The work was expected to cut flows by around 400 mmcfd, or roughly 50 percent. EPNG, a unit of El Paso Energy (NYSE:EPG - news), was expected to restore most gas service on the line for gas day Tuesday, a company spokesman said Monday.