Chicago

California, Midwest Natgas Gains Overpower Weak Marcellus; August Makes Positive Debut

Next-day gas firmed in trading Monday as a combination of a strong screen, Midwest warmth, and pipeline outages brought a firm undertone to the market. Overall prices rose 9 cents to $2.59, as gains in the Northeast, East, and Midwest far overshadowed weakness in the Marcellus. Loads in California were forecast to increase more than 20%, but prices made only modest gains.

June 29, 2015

CME Group Delays Shuttering of Futures Floor Trading

CME Group said it will postpone until July 6 the scheduled closing of most of its futures trading pits in Chicago and New York — including natural gas — due to a technical revision to its filing with the Commodity Futures Trading Commission (CFTC).

June 24, 2015

CME Group Delays Shuttering of Futures Floor Trading

CME Group said it will postpone until July 6 the scheduled closing of most of its futures trading pits in Chicago and New York — including natural gas — due to a technical revision to its filing with the Commodity Futures Trading Commission.

June 24, 2015

Eastern Strength Can’t Offset Broader Declines; NatGas Futures Drift Higher

Physical natural gas for delivery Tuesday eased as moderate strength at northeast points on Monday failed to offset broader declines in the Gulf, Rockies, and California. Overall the market shed 2 cents to $2.33.

June 1, 2015

Eastern Strength Can’t Offset Broader Declines; NatGas Futures Drift Higher

Physical natural gas for delivery Tuesday eased as moderate strength at northeast points on Monday failed to offset broader declines in the Gulf, Rockies, and California. Overall the market shed 2 cents to $2.33.

June 1, 2015

Chicago Focused on Major Cast Iron NatGas Pipe Replacement

As an offshoot of the upcoming acquisition of Integrys Energy by Wisconsin Energy (WE), a major natural gas pipeline infrastructure project in Chicago will continue unabated with the goal of eliminating any remnants of cast iron distribution pipe, WE CFO Pat Keyes said Wednesday at the Credit Suisse annual Energy Summit in Vail, CO.

February 27, 2015
Vector Proposes NatGas Mainline Expansion to Carry Appalachia Supplies

Vector Proposes NatGas Mainline Expansion to Carry Appalachia Supplies

Vector Pipeline LP is holding an open season for capacity that would potentially double its 1.3 Bcf/d pipeline, which now carries supplies between the Chicago Hub and the Dawn, ON, storage hub. The project, which would also retrofit the pipeline for bidirectional flow, would catch some of the burgeoning Appalachian Basin natural gas by accessing other pipelines.

October 7, 2014

Only A Few Marcellus Points Left Unscathed; Futures See A Mixed Close

Thursday deliveries of physical natural gas overall fell another 8 cents on average Wednesday as soft power prices and a lack of not only supportive weather, but also a non-existent Atlantic tropical environment, continued to pressure the market. October natural gas options expired Wednesday and at the close of futures trading October had risen 0.1 cent to $3.493 and November had eased 1.3 cents to $3.546. November crude oil slid 47 cents to $102.66/bbl.

September 26, 2013
Shale Boom to Rekindle U.S. ‘Gas-on-Gas’ Competition

Shale Boom to Rekindle U.S. ‘Gas-on-Gas’ Competition

In a broader global energy picture that is a “smorgasbord of fragmented pieces,” the United States is headed for a return to gas-on-gas competition among shale-dominated natural gas basins, according to Jim Duncan, ConocoPhillips chief analyst and commodity market strategist in Houston.

September 16, 2013

NatGas ‘Expanded Opportunities’ in Industry, NGVs, Nicor Exec Says

Natural gas has real opportunities for growth in the upper Midwest and nationally, especially in the industrial and transportation fuel sectors, Nicor Gas President Elizabeth Reese told the LDC Gas Forum Mid-Continent meeting Monday in Chicago.

September 10, 2013