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Pastimes : Hurricane and Severe Weather Tracking -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (9354)	8/30/2008 4:39:55 PM
From: Broken_Clock	Respond to of 26004

To: patron_anejo_por_favor who wrote (9354)	8/30/2008 5:43:00 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 26004

blogs.wsj.com August 30, 2008, 4:30 pm Key Natural Gas Delivery Point Declares Force Majeure As the energy industry shuts down ahead of the rapidly approaching Hurricane Gustav, the operators of the Henry Hub, the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange, declared force majeure, effective Sunday. The Henry Hub, a point on the natural gas pipeline system in Erath, La., is the major natural gas delivery point in the U.S. It is owned by Sabine Pipe Line LLC, a unit of Chevron , and it interconnects with nine interstate and four intrastate pipelines. The last time Henry Hub declared force majeure, freeing itself from contract liability in the face of an extraordinary event, was in the wake of Hurricane Rita. causing the Nymex to temporarily halt deliveries against its futures contracts and sparking a frenzy among energy traders.