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The December wholesale exchange contract yesterday was unchanged settling at $3.926 on the day. The weather is still forecasted to remain above normal in the Midwest and the Northeast in the 6-10 day outlook while this week’s EIA storage withdrawal is forecasted to be in the mid 70’s range which will be a record high for the last week of October. Supply levels which remain above last year are likely to continue into 2012, driven by a modest rebound in gas-related drilling and the gas output associated with the highest oil drilling levels since the early 1980s. Yesterday, the U.S. Interior Department plans to issue a draft proposal requiring disclosure of chemicals used for hydraulic fracturing on public lands in a "couple of months," a department official said on Monday. David Hayes, deputy secretary at the Interior Department, told a federal shale gas advisory panel that the department hoped to have the disclosure rules finalized about 12 months after being issued.
Constellation Energy, announced yesterday it is offering 2 million Ohio residential electric customers the opportunity to use 100 percent green energy in their home. The Constellation Energy offer gives homeowners and renters in the service territories of Cleveland Electric Illuminating, Ohio Edison and Toledo Edison the option to power their homes with clean, renewable energy sources at a fixed rate for 12 months. "We recognize the growing demand for green energy in all sectors and are pleased to offer more than 2 million Ohioans price-protected, 100 percent green energy for their home," said Kenny Matula, Constellation's senior vice president for residential markets. The easy web signup for the green energy offer is available at home.constellation.com. "As a market leader nationwide, we are the logical choice for Ohio residential electricity shoppers who want to choose clean energy to power their home," said Matula. Constellation Energy, an established energy supplier to thousands of Ohio businesses, recently began expanding its energy supply options to residential customers in Ohio. A September 2011 analysis of residential gas prices in the Akron Beacon Journal concluded Constellation offered "the best one-year fixed rate" to residential consumers. The Ohio residential green electric choice offer is being made by Constellation NewEnergy Inc., a wholly-owned subsidiary of Constellation Energy Group, Inc. Constellation Energy has about 900,000 residential customers in 15 states, including Ohio, Maryland, Illinois, Pennsylvania, and New Jersey.
Regarding the October snowstorm this past weekend, some parts of Connecticut could have electricity by the end of the day; the rest of the state is hunkering down for a long, cold wait for power to be restored. The bulk of Connecticut Light & Power's customers will have power restored before the end of the week, according to a local utility. It seems that damage from this storm was more extensive than what we saw from (Hurricane) Irene. At the peak of the snowstorm, CL&P had 831,000 outages, compared to 671,000 during the peak of the tropical storm. "All of our available resources are being focused on this restoration effort." Mitch Gross, a CL&P spokesman, said the utility has commitments from 600 line crews from outside the state to help in the restoration effort. "We're still assessing the damage, so the number could easily top 1,000 before we're done," Gross said. By mid-afternoon Sunday, 45 of the 149 communities CL&P serves were completely without power. The utility was using two helicopters in its efforts to assess the havoc that a record October snowfall wreaked upon Connecticut. The storm dropped 12.3 inches Saturday at Bradley International Airport, said Charlie Foley, a meteorologist with the National Weather Service. The damage wasn't limited to Connecticut while at least four other states reported significant power outages, leaving more than 4 million people in the dark when the nearly 880,000 that were without power during the peak of the storm in Connecticut was factored in.
In New York this past weekend, New Yorkers experienced their first October snow storm in 40 years Saturday. Although some parts of the county had only a dusting, several counties such as Dillsburg received 10 inches, Red Lion had 9 and Loganville had 4 1/2, according to the National Weather Service. The last time there was an October snow storm with appreciable accumulation was in 1925, when Fawn Grove reported 4 inches, according to the National Weather Service, based in State College. The last time there was measurable snow in October in York County was in 1972. The heavy, wet snow prompted the YWCA of York to cancel the annual Halloween Parade and the pumpkin run scheduled for Sunday. This year was supposed to mark the 62nd annual parade.
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