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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (17090)	9/24/2002 6:01:29 PM
From: StockDung	Respond to of 18998

EP and Enron, perfect together. All Hail Pink Hail Hail Hail Storm cuts 550-600 mmcfd US Gulf gas supply on FGT NEW YORK, Sept 24 (Reuters) - U.S. Gulf of Mexico producers cut up to 600 million cubic feet per day (mmcfd) of natural gas supply on the Florida Gas Transmission pipeline system due to Tropical Storm Isidore, a company spokeswoman said Tuesday. The FGT system, with a capacity of more than 1.95 billion cubic feet per day, transports gas from Texas to Florida and interconnects with several major interstate pipelines. FGT is jointly owned by Enron Corp. <ENRNQ.PK> and El Paso Corp. <EP.N> and operated by Enron. The storm triggered further evacuations of Gulf oil and gas platforms Tuesday, forcing producers to cut more than 4 bcfd from key pipeline systems feeding the eastern half of the nation. At 2 p.m. EDT, Isidore was over open water about 85 miles north of Merida on Mexico's Yucatan Peninsula, moving north at 5 miles per hour. The storm was packing winds of 60 mph and expected to strengthen over the next 24 hours. 09/24/02 17:05 ET