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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (5764)12/22/1998 12:33:00 PM
From: kx  Respond to of 24899
 
Yahoo! News Headlines
Tuesday December 22 10:22 AM ET

Nose-numbing numbers

Wind chill levels in the Northern Plains and Upper Midwest were so low this morning they might have sent a polar bear scrambling for a fur coat. Thief River Falls, MN, suffered the insult of a 49 below zero wind chill reading. But at least residents there could take cold comfort (pun intended) that in Ironwood, MI, it felt like 57 below. Ouch. The frosty grip of the arctic air extended all the way to the Mexican border in Southern California and Arizona, while a zero-degree reading reached as far west as Olympia, WA. The mercury tumbled to 5 degrees in Hillsboro, OR, a suburb of Portland. By early tomorrow, the effects of the biting cold will encompass the entire nation except for the Florida Peninsula.

With the advent of the huge arctic air mass, the Great Lakes lake-effect snow machine is in full cry today for the first time this season. Much farther south, the cold air is setting the stage for an
ice and snow event in areas of the country not normally prepared for such excitement. Winter storm watches are posted for tonight and tomorrow from parts of eastern Texas and Oklahoma into Tennessee and northern Mississippi.



To: Kerm Yerman who wrote (5764)12/22/1998 5:51:00 PM
From: kx  Read Replies (1) | Respond to of 24899
 
Winter is now starting. Today, bought some shares in Alberta Energy, a blue chip gas producer company.



To: Kerm Yerman who wrote (5764)12/22/1998 6:04:00 PM
From: SofaSpud  Read Replies (1) | Respond to of 24899
 
Thread / Alliance and liquids

I'm trying to find out how this issue was resolved -- can anyone help?

When the Alliance pipeline was first proposed, one of the issues was how natural gas liquids would be dealt with. Alliance wanted to ship them across the border with the gas, and strip them in Chicago. Nova objected strenuously, as they had traditionally been able to strip the liquids in Alberta for the petrochemical business, without producer input.

Before the Nova/TCPL merger, Nova was using it's political influence to require liquids to be stripped in Alberta, leaving Alliance with a lower-value product to deliver to the States. Then the proposed merger raised regulatory issues. I'm guessing that one of the incentives for producers to back off on objections about a TCPL monopoly was to allow the export of liquids via Alliance.

If anyone can refer me to a document that states what the outcome of the discussion was, I'd appreciate it.

TIA