Enron Mail

From:ei_editor@ftenergy.com
To:einsighthtml@list1.resdata.com
Subject:Tax credits lured majors to natural gas
Cc:
Bcc:
Date:Mon, 8 Oct 2001 16:07:58 -0700 (PDT)

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[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] Updated: Oct. 9, 2001 [IMAGE] [IMAG=
E] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Tax credits lured majors =
to natural gas Tax credits received by major energy companies for non-conv=
entional fuel production were a key factor in the growth of U.S. natural ga=
s production in the 1990s, according to a report released recently by the E=
nergy Information Administration (EIA). [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IM=
AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
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E] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE]=
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AES, Exelon swallow hard and take their medicine Many energy firms s=
uffer from stock price pullback Splitting into price makers, takers [IMA=
GE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] Judge approves SoCal =
Ed lawsuit settlement Utility can recoup $3.3 billion Pacific Gas & Electr=
ic wished for similar deal Creditors unsure their needs will be met [IMA=
GE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] Oil supply debate mov=
es into national 'security' framework SPR provides short-term answer ANWR'=
s role still controversial [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IM=
AGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Nort=
hwest Natural to buy Portland General Electric full story... Alaska mops =
up after pipeline bullet hole closed full story... Duke Energy partners w=
ith Houston Energy for production ventures full story... Legal challenge =
to UK nuclear plant full story... Crude oil falls after military attacks =
leave oil supply intact full story... AEP buys UK plants from Edison Miss=
ion Energy full story... FERC orders U.S. energy firms to refund power ch=
arges full story... GE team to develop breakthrough technology for genera=
tors full story... GE Power Systems acquires Bals Electrical Engineering =
full story... Panda Energy announces formation of Accord Development Grou=
p full story... To view all of today's Executive News headlines, click h=
ere [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [=
IMAGE] Copyright ? 2001 - Platts, All Rights Reserved [IMAGE] Market B=
rief Monday, October 8 Stocks Close Change % Change DJIA 9,067.94 (51.8) =
-0.57% DJ 15 Util. 320.35 (2.1) -0.66% NASDAQ 1,605.95 0.65 0.04% S&P 500 =
1,061.66 (8.9) -0.84% Market Vols Close Change % Change AMEX (000) 125,=
993 (43,850.0) -25.82% NASDAQ (000) 1,415,056 (419,839.0) -22.88% NYSE (000=
) 976,631 (333,985.0) -25.48% Commodities Close Change % Change Crude O=
il (Nov) 22.21 (0.18) -0.80% Heating Oil (Nov) 0.641 0.001 0.12% Nat. Gas =
(Henry) 2.283 0.056 2.51% Propane (Nov) 39.5 (0.500) -1.25% Palo Verde (No=
v) 34.00 0.00 0.00% COB (Nov) 31.50 0.00 0.00% PJM (Nov) 28.90 0.00 0.00=
% Dollar US $ Close Change % Change Australia $ 1.971 0.001 0.05% Can=
ada $ 1.562 (0.001) -0.06% Germany Dmark 2.128 (0.003) -0.14% Euro 0.9=
210 0.003 0.27% Japan ?en 119.80 (0.600) -0.50% Mexico NP 9.56 0.010 0.1=
0% UK Pound 0.6783 0.0025 0.37% Foreign Indices Close Change % Chang=
e Arg MerVal 214.87 0.00 0.00% Austr All Ord. 3,075.80 (38.40) -1.23% Braz=
Bovespa 10094.56 (102.51) -1.01% Can TSE 300 6894.24 0.04 0.00% Germany =
DAX 4495.15 7.46 0.17% HK HangSeng 9967.83 (309.55) -3.01% Japan Nikkei 22=
5 10205.87 0.00 0.00% Mexico IPC 5527.11 (1.44) -0.03% UK FTSE 100 5,032=
.70 (3.30) -0.07% Source: Yahoo! & TradingDay.com =09 [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] =
[IMAGE] [IMAGE] [IMAGE] [IMAGE] =09 =09


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