Almost the entire cash market fell Tuesday as heating load remained scarce despite a snowstorm that will be bearing down on the central Plains Wednesday. Only a nickel rise by Questar prevented across the board losses.
Bearing
Articles from Bearing
Futures Profit-Taking Subtracts 42.2 Cents Ahead of Weekend
Despite a major snowstorm that slammed the Plains and the Midwest Friday and was bearing down on the East, a number of natural gas futures traders took profits following a week of trading higher. January natural gas futures on Friday put in a low of $8.350 before closing at $8.422, down 42.2 cents on the day but 32.3 cents higher than the previous week’s close on Wednesday (Nov. 22).
December 4, 2006
Transportation Notes
The #1 compressor at Roswell (NM) Station became unavailableFriday due to a bearing failure, causing a 30 MMcf/d reduction inSan Juan Crossover capacity, El Paso said. Repairs were expected tohave been completed Saturday.
September 11, 2000
Transportation Notes
El Paso’s Waha GE will be down for emergency maintenance at 6p.m. today through Thursday, March 25, for field gas compressorbearing replacement.
March 22, 1999
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