Aboriginal and environmental dissenters have been served their clearest notice yet that they will not be allowed to stop the Mackenzie Gas Project if it presents a viable case. The Canadian government has the final say on projects and can trump recommendations of the Mackenzie project Joint Review Panel set up with federal, Aboriginal and provincial representatives, according to the latest federal pronouncement, backed by court decisions.
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Transportation Notes
Pacific Gas & Electric allowed Saturday’s high-inventory OFO to lapse Sunday before reinstating it for Monday’s gas day. The OFO was to be lifted again Tuesday.
Transportation Notes
Florida Gas Transmission allowed an Overage Alert Day notice that was issued Tuesday to lapse Wednesday.
Southwest Heat Helps Some Points Avoid Overall Dips
Hot weather forecasts for the weekend from Texas through the desert Southwest allowed several points in those areas, along with a few other scattered ones, to swim against the tide of overall softness Friday. A majority of the cash market saw drops ranging from a couple of pennies to about 20 cents.
Fading Heat Pushes Prices Down, But Cold in Forecast
With cooler weather in the process of replacing the mid-spring heat surge that had allowed prices to ride increased power generation load to higher levels in most cases during the first three days of the week, it was hardly surprising when quotes fell across the board Thursday.
NEB Blocks Aboriginal Attempt to Hinder Mackenzie Project
Aboriginal politics, formerly a lethal snare in northern Canada, will not be allowed to trip up the Mackenzie Gas Project, a ruling by the National Energy Board has confirmed.
Lehman Brothers Predicts Canadian Gas Exports Will Rise 2.5% in ’04
High natural gas prices have allowed Canadian producers to drill smaller prospects and to target unconventional resources that used to be considered uneconomic, resulting in a reversal of the production declines last year. Analyst Thomas Driscoll of Lehman Brothers is predicting a 1.5% increase in Canadian natural gas production this year, “a vast improvement from the decline of nearly 3.5% experienced in 2003.”
Lehman Brothers Predicts Canadian Gas Exports Will Rise 2.5% in ’04
High natural gas prices have allowed Canadian producers to drill smaller prospects and to target unconventional resources that used to be considered uneconomic, resulting in a reversal of the production declines last year. Analyst Thomas Driscoll of Lehman Brothers is predicting a 1.5% increase in Canadian natural gas production this year, “a vast improvement from the decline of nearly 3.5% experienced in 2003.”
Lehman Brothers Predicts Canadian Gas Exports Will Rise 2.5% in ’04
High natural gas prices have allowed Canadian producers to drill smaller prospects and to target unconventional resources that used to be considered uneconomic, resulting in a reversal of the production declines last year. Analyst Thomas Driscoll of Lehman Brothers is predicting a 1.5% increase in Canadian natural gas production this year, “a vast improvement from the decline of nearly 3.5% experienced in 2003.”
Northern Natural: Higher System Pressure on ANR Will Deter Competition in Wisconsin
ANR Pipeline should not be allowed to significantly raise the pressure of its system at a Wisconsin interconnect with Northern Natural Gas when its West Leg looping and replacement project goes into service on Nov. 1, because it would prevent the lower-pressure Northern Natural system from delivering gas into ANR’s system, Northern Natural protested.