FERC Chairman Pat Wood and Commissioner Suedeen Kelly were on hand last Wednesday to celebrate the groundbreaking on Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) import terminal in Cameron Parish, LA. The Commission granted final permission to begin construction on the bulk of the facility last week.
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Wood, Kelly Attend Groundbreaking of Sabine Pass LNG Terminal
FERC Chairman Pat Wood and Commissioner Suedeen Kelly were on hand Wednesday to celebrate the groundbreaking on Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) import terminal in Cameron Parish, LA.
CA Expected to Meet Summer 2001 Demand
Californians looking for reason to celebrate over theThanksgiving holiday may have found it in a new report from theCalifornia Energy Commission, which claims that the state shouldhave enough power to meet its electricity demand next summer,barring extraordinarily hot weather.
Merc Traders Celebrate 2nd of July With Little Fanfare
The August natural gas futures contract slipped 1.1 cents to$2.439 Thursday, as traders scrambled to finish their businessahead of the long fourth-of-July weekend. “Today was pretty muchjust position covering ahead of the weekend,” a broker told GPI. “Idon’t think anyone was too concerned with, or had the goal of,moving August outside of its trading range,” he said. For thatreason, he was not surprised to see technical support at $2.38hold.