Against

TransCanada Corp. said Monday it will find a new route for its controversial Keystone XL oil pipeline around the water-sensitive Sandhills area in Nebraska, and to that end, it is supporting legislation proposed in the state legislature to develop a new route for the portion of Keystone that would cross the state.

While the White House mulls over environmental opposition against TransCanada Corp.’s proposed Keystone Pipeline into the United States, work is accelerating in Canada on an oilsands export alternative with the potential to alter North American outlooks for oil and natural gas alike.

While the White House mulls over environmental opposition against TransCanada Corp.’s proposed Keystone Pipeline into the United States, work is accelerating in Canada on an oilsands export alternative with the potential to alter North American outlooks for oil and natural gas alike.

Continued large gains at New England citygates went against the overall grain of flat to lower prices in nearly all of the rest of the market Thursday. An early taste of winter-like conditions was still hanging around from the Rockies through the Midwest and Northeast, but the cold was due to start fading going into the weekend even as a cold front was about to bring cool temperatures into the previously moderate South.

The Philadelphia City Council unanimously passed a resolution last Thursday directing the city to join a lawsuit against the Delaware River Basin Commission (DRBC) over Marcellus Shale natural gas drilling in the Delaware River Basin.

On Friday Transco became the most recent pipeline to take action against positive imbalances threatening its system integrity. Starting Saturday and until further notice, Transco said it would not allow any due-pipeline imbalance make-up nominations or excess storage injections, and no incremental parked gas or return of loaned gas would be accommodated.

A lawsuit filed by Energy Transfer Partners LP against Enterprise Products Partners LP and Enbridge Inc. over an abandoned proposal to construct an oil pipeline from Cushing, OK, to Houston “is about a company…trying to get in the courthouse what it could not achieve in the marketplace,” Enterprise said in a motion for summary judgment.

The odds seemed stacked against a cash price rally following Friday’s November futures decline of 11.7 cents and mild to cool temperatures continuing to dominate the overall post-weekend weather forecasts. But somehow the market managed to pull it off, although the restoration of industrial demand from its usual weekend dropoff was only a marginal bullish factor.

A dairy company with an oil and gas lease has filed a lawsuit against the Town of Middlefield, NY, accusing the municipality of overstepping its authority by enacting a ban on oil and gas operations.