Chicago

Alliance Pipeline announced Thursday that it had restarted its mainline system from northern British Columbia and Alberta to Chicago, six days after it halted operations to clean poisonous contamination out of the system (see related story).

Next-day physical natural gas continued to move higher Tuesday, though not at the double-digit pace of Monday. Gains of a nickel or more were widespread, but a few locations in the Marcellus and Rockies managed to slip into the loss column by a few pennies.

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.

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.

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.

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).

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.

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.

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.