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Enron Mail |
14:01 19Nov2001 RSF-INSIDE FERC: Midwest-Market 2: Lack of sellers forces high Enron bids - PGN311 Washington (Platts)--19Nov2001/301 pm EST/2001 GMT One trader said that she found arbitrage opportunities on some of the online platforms, capitalizing on a 5- to 6-ct differential between prices posted on EnronOnline and those on IntercontinentalExchange. She confirmed that few market players are willing to sell to Enron, which is forcing Enron to bid at a premium. Spot prices on ANR Pipeline in Oklahoma ranged from about $1.75/MMBtu early in the morning to about $2.36/MMBtu late, up from Friday's range of $1.38 to $1.58/MMBtu. For Related News, Double Click on one of these codes: [nPL4109800] [ENE.N] [US] [NGS] [PGN] [PLTN] [LEN] [ENE] [US] [NGS] Monday, 19 November 2001 14:01:20 RSF [Historical News] {C} ENDS Willis Philip Enron Wholesale Services East Power Trading (713) 853-0961
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