Message-ID: <4491033.1075855476236.JavaMail.evans@thyme> Date: Fri, 3 Nov 2000 22:50:00 -0800 (PST) From: enerfax1@bellsouth.net To: enerfaxweb@egroups.com Subject: Enerfax Daily's free web version of gas & power prices and info Enerfax Daily-Power and Gas Prices & Info Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: "Enerfax Energy" X-To: X-cc: X-bcc: X-Folder: \Frank_Ermis_Dec2000\Notes Folders\All documents X-Origin: Ermis-F X-FileName: fermis.nsf ? Subject: Click and go to http://www.enerfax.com if can not view properly.htm ? [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Click here for a daily email link Enerfax Daily [IMAGE] [IMAGE] Enerfax Daily? -? Page ? -? November 3, 2000? -? ? Need a Past Issue -Click Here [IMAGE] [IMAGE] Enerfax Daily? -? Page ? -? November 3, 2000 [IMAGE] back up above $5.00 maybe as early as next week. Natural gas for next day delivery was up across the US and Canada yesterday as the cash market followed the futures rally. Natural gas for next day delivery at the Henry hub rose $0.11 to $4.47 per MMBtu. Cash prices have fallen to a sharp discount to futures, as heating demand is expected to increase in December. [IMAGE] Columbia Pays for Imbalances Columbia Gas Transmission and Columbia Gulf Transmission will have to pay $27.5 million after an investigation by FERC into natural gas imbalance transactions. In the order, FERC approved a stipulation and consent agreement that directed the pipelines to compensate customers that were excluded from an arrangement that allowed shippers to generate revenue through seasonal price fluctuations. [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Enerfax Daily? -? Page 5? -? November 3, 2000 [IMAGE] NEB Releases Energy Market? Assessment ? ?The National Energy Board has released its latest in a series of Energy Market Assessment? reports entitled Canadian Natural Gas Market Dynamics and Pricing. The report identifies the factors that affect natural gas prices and describes the current functioning of the regional gas markets in Canada. The Board's report concludes that Canada has become part of an integrated North American natural gas market. Natural gas can be bought from many supply sources and delivered to any market centre through an extensive North American pipeline grid. With the increased integration of the markets, regional supply and demand forces are felt throughout the marketplace. It also says that a combination of strong economic growth in North America, a preference for natural gas fired electricity generation, and low natural gas prices led to sustained growth in demand throughout the 1990s. However, the growth in natural gas supply has lagged during the last few years. This is primarily attributable to the low oil price environment of 1997/1998 which reduced cash flow for the producing sector. In turn, drilling activity decreased throughout North America. Since demand growth has outpaced supply growth, natural gas prices have increased significantly over the last year. With oil prices recovering sharply in 1999/2000, the producing sector has responded and drilling activity is at high levels. Despite the drilling activity, there is a lag between developing additional gas supplies and connecting those supplies to the market. In time, there will be a supply and demand response and accompanying relief in natural gas prices is expected. A period of market adjustment is necessary any time the dynamic between supply, transportation and demand is significantly changed. It is difficult, if not impossible, to predict with certainty any movements in the commodity markets. The Report found that recent increases in the commodity [IMAGE] [IMAGE] Enerfax Daily? -? Page 6? -? November 3, 2000 [IMAGE] Enerfax Daily? -? Page 7? -? November 3, 2000 [IMAGE] Transco SouthCoast Expansion in Service ? ? Williams has placed its SouthCoast Expansion project into service, increasing capacity on the Transco pipeline system by 204,099 dekatherms per day to provide additional firm transportation capacity to serve markets in Alabama and Georgia. The $108 million expansion loops 44 miles of 48, 42, and 24-inch pipeline in Alabama and Georgia and adds 31,500 horsepower of compression at compressor stations in Rockford, AL and Newnan, GA. The new facilities increase capacity on Transco's mainline from Station 85 in Butler, AL to mainline delivery points in Zone [IMAGE] Financial Summary [IMAGE] ")} TC [IMAGE] - blnk.gif - img16.gif - img17.gif - img18.gif - img19.gif - img20.gif - img12.gif - img21.gif - img22.gif - img23.gif - img9.gif - img24.gif - img25.gif - img26.gif - img27.gif - img28.gif - img29.gif - img30.gif - img31.gif - id=1381847 - img32.gif