Rover Pipeline

Potential Rover Delay, Thin Storage Build Boosted NatGas Forwards Last Week

It may be shoulder season, but word of a federally-ordered halt to construction on a portion of a major natural gas pipeline expected to be in partial service this summer was enough to send natural gas forwards markets into a frenzy last week. A bullish miss on the week’s storage report elevated markets even more firmly into the black, with both June and July forward prices averaging 11 cents higher between May 5 and 11, according to NGI Forward Look. Read More