Abrupt

An abrupt lesson in a no-nonsense spirit guiding Canadian regulatory reform has been dealt out to environmental protesters and their political supporters. The National Energy Board (NEB) made an example of an attempt to inject green resistance into a pipeline toll case. The protest was rejected without NEB even seeking replies to an initial protest letter to the agency.

Following the abrupt departure of Forest Oil Corp. (FST) CEO H. Craig Clark, one analyst that follows the company suggested that his quick exit was related to the company’s failure to strike a joint venture (JV) in the Eagle Ford Shale of South Texas.

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

In an abrupt reversal, Northern Natural Gas ended a System Overrun Limitation (indicating heavy heating load) in all market-area zones Friday and said a System Underrun Limitation would take effect in all zones Sunday “due to the large warm-up expected over the weekend.” A bulletin board posting projected that Northern’s system-weighted average temperature would go from minus 4 Friday and plus 2 Saturday to 19 Sunday and 24 Monday.

Some parts of the North American natural gas storage system may reach their operational limits this fall, resulting in “abrupt decreases” in gas prices as some storage fields are unable to receive injections, according to an analysis by Cambridge Energy Research Associates (CERA) that was released Monday.

Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.

Short of an abrupt and unforeseen big drop in wholesale natural gas prices, liquefied natural gas (LNG) imports promise to be a huge stimulus to investment in new natural gas infrastructure, according to the strategy outlined by Sempra Energy COO Donald Felsinger, who spoke Tuesday at the Merrill Lynch “Power & Natural Gas Leaders Conference” in New York City.