Updated: Jan. 4, 2002                               [IMAGE]2001: Many firms say 'good riddance'  For many, if not most, energy companies, two words best describe 2001: Good riddance.  The old year seemed to be a period of relatively good times sandwiched between two crises...                                                                                                                                                                                                                                [IMAGE]A hard act to follow: the future for energy without Enron Corporation's fall creates leadership void  Failure will affect deregulation debate                                                          [IMAGE]Shedding light on power prices EU study shows end of price transparency  Denmark residential customers pay more  VAT impacts prices                                                          [IMAGE]Scaled-back Alaskan pipeline proposal in works Alaska Highway project looks for approval  U.S./Canada border issue still barrier                                                 First triple-digit withdrawal of season from gas storage [IMAGE]full story...  Gas prices to decline another 30 cts to 50 cts/MMBtu [IMAGE]full story...  Cleere Drilling acquired by Patterson-UTI Energy [IMAGE]full story...  Dominion inks $600 million supply deal with Conn. utility [IMAGE]full story...  Connecticut regulators okay 330-MW transmission line [IMAGE]full story...  GenPower plans coal-fired merchant plant in West Virginia [IMAGE]full story...  CMS Energy closes sale of assets in West Africa [IMAGE]full story...  Enron's auditor receives 'satisfactory' grade [IMAGE]full story...  EC approves sale of Midlands Electricity [IMAGE]full story...  Pacific Gas and Electric wants request blocked [IMAGE]full story...  [IMAGE]To view all of today's Executive News headlines, [IMAGE]click here                              Copyright ? 2001 - Platts, All Rights Reserved      Market Brief  Thursday, January 3  Stocks Close Change % Change DJIA 10,172.14 98.7  0.98% DJ 15 Util. 296.22 (1.5) -0.51% NASDAQ 2,044.27 65.02  3.29% S&P 500 1,165.27 17.2  1.50%     Market Vols Close Change % Change AMEX (000) 151,529 20,574.0  15.71% NASDAQ (000) 2,209,818 697,635.0  46.13% NYSE (000) 1,397,567 217,670.0  18.45%     Commodities Close Change % Change Crude Oil (Feb) 20.65 (0.45) -2.13% Heating Oil (Feb) 0.5659 0.015  2.76% Nat. Gas (Henry) 2.309 (0.246) -9.63% Propane (Feb) 31.75 (0.85) -2.61% Palo Verde (Feb) 24.75 0.00  0.00% COB (Feb) 24.75 0.00  0.00% PJM (Feb) 29.00 (1.00) -3.33%     Dollar US $ Close Change % Change Australia $  1.943 0.001  0.05% Canada $   1.60 (0.001) -0.06% Germany Dmark  2.18 0.010  0.46% Euro   0.8994 (0.004) -0.46% Japan ?en  131.7 (0.500) -0.38% Mexico NP 9.1 0.000  0.00% UK Pound   0.6954 0.0031  0.45%     Foreign Indices Close Change % Change Arg MerVal 340.60 16.91  5.22% Austr All Ord. 3,367.40 (15.70) -0.46% Braz Bovespa 14265.35 393.26  2.83% Can TSE 300  7774.16 127.37  1.67% Germany DAX 5270.29 102.41  1.98% HK HangSeng 11423.52 72.67  0.64% Japan Nikkei 225  10542.62 0.00  0.00% Mexico IPC  6603.75 193.70  3.02% UK FTSE 100 5,318.80 29.20  0.56%       Source:  Yahoo!, TradingDay.com and NYMEX.com   	                                	  	


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