Weathernomics Gas Buyer beats average twelve-month natural gas market price

For the April 2000 through March 2001 natural gas contracts, the average month-end settlement price was $5.10 per MMBtu. Over the same period, the average cost to clients using Weathernomics Gas Buyer was $4.38 per MMBtu, which is a savings of 14%. The month-end settlement price is computed as the average of the closing price on the last three days of each month.

DETROIT, Feb. 28, 2001 (PRNewswire) — DTE Energy (NYSE: DTE) and MCN Energy Group (NYSE: MCN) today announced revised terms to their merger agreement, initially announced in October 1999.

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