For the seventh Monday in a row, natural gas futures started the week on a strong note yesterday as traders were greeted back from the holiday weekend to inhospitable weather across the nation. Snow showers in the upper Midwest were giving traders one last taste of winter weather while a cold rain was falling across the Northeast. Meanwhile, rain, hail and strong thunderstorms were battering Houston Monday afternoon. Needless to say, it was not a good time to be a seller.
Afterall
Articles from Afterall
Guardian Receives Final EIS for the Holidays
It appears the Guardian Pipeline project received what it wantedfor the holidays afterall, even though it came a week or two late.The pipeline announced yesterday that it has cleared one of thelarger regulatory hurdles, as the Federal Energy RegulatoryCommission (FERC) Staff issued a Final Environmental ImpactStatement (EIS) on the project, deeming the construction andoperation of the 149-mile natural gas pipeline from Joliet, IL, toIxonia, WI, as an acceptable environmental action.
January 9, 2001