Gas prices stay high on huge storage withdrawals

Energy Information Administration (EIA) released its weekly gas report on Monday for the last full week of November. Gas continues to be drawn down leaving inventories at lower levels than in years past in the West and in the producing regions, according to EIA. Gas storage in the Western region and the gas producing areas each remain 65% full, while the eastern region remains at 85%.

PITTSBURGH, Pa., Dec. 5, 2000 (BUSINESS WIRE)—Duquesne Light, Allegheny Power, the energy delivery business of Allegheny Energy, Inc. (NYSE:AYE), and PJM Interconnection, LLC, announced today the execution of an agreement in principle to broaden a new electric transmission system affiliation which will further expand the Mid-Atlantic energy market into the Pittsburgh area.

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