Birth

Shifting Canadian natural gas supplies and the discovery of vast shale plays in Western Canada gave birth to NOVA Gas Transmission Ltd.’s (NGTL) plans to construct and operate the 48-mile Alberta-to-British Columbia Groundbirch Pipeline, which the National Energy Board (NEB) approved on Thursday.

Shifting Canadian natural gas supplies and the discovery of vast shale plays in Western Canada gave birth to NOVA Gas Transmission Ltd.’s (NGTL) plans to construct and operate the 48-mile Alberta-to-British Columbia Groundbirch Pipeline, which the National Energy Board (NEB) approved on Thursday.

On the eve of the official start of the 2007 Atlantic hurricane season, with the remote possibility of the birth of Tropical Storm Barry in the background, prices were close to flat in most cases Thursday. The primary exceptions were larger losses of up to about half a dollar at some points in the Rockies and at Westcoast Station 2 in Western Canada.

The birth of a New England power plant will spawn more importsof LNG to the United States. Last week it was announced that SitheEnergies Inc. will feed its 1,600 MW Mystic Station in Everett, MA,with LNG imported by nearby Cabot LNG Corp.