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.
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Articles from Chicago
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.
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.
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.
Gas Is Growth for Sempra Energy, Top Execs Say
With continued confidence that their proposed Gulf-based liquefied natural gas (LNG) export project will begin construction next year, Sempra Energy senior executives on Tuesday said they are looking for other market growth opportunities from the shale-driven U.S. natural gas supply boom.
Cash, Futures Quiet; `No Bottom In Sight,’ Traders Say
The natural gas cash market added 2 cents on average overall Tuesday for Wednesday delivery with small gains and small losses at most points characterizing the day’s trading. Midwest points were mixed as weather outlooks held to seasonal norms, and Gulf points were a few pennies higher. At the close of lackluster futures trading September had drifted lower by 0.1 cent to $3.318 and October had eased 0.3 cent to $3.343. September crude oil dropped $1.26 to $105.30/bbl.
More CNG Expansions Outlined at ACT Conference
Chicago-based Trillium CNG said Wednesday it plans to build 101 compressed natural gas (CNG) fueling stations spread over 30 states, specializing in fast-fill technology for heavy-duty fleets.
Constellation Offers Ohio Consumers Competitive Gas Rates
Constellation Energy Gas Choice, a unit of Chicago-based Exelon Corp. and a long-time competitive energy supplier in Ohio, said Tuesday that it has been selected by Trumbull County in northeastern Ohio to provide residents and small businesses with natural gas following a competitive bidding process under the state’s natural gas choice, governmental aggregation program.
CME Asks Court to Enjoin CFTC from Enforcing Dodd-Frank Rules
The Chicago Mercantile Exchange (CME) has filed a lawsuit in federal court in Washington, DC, against the Commodity Futures Trading Commission, challenging the agency’s enforcement of its swap data record-keeping and reporting requirements under the Dodd-Frank Wall Street Reform Act.
CME Challenging CFTC Enforcement of Dodd-Frank
The Chicago Mercantile Exchange (CME) has filed a lawsuit in federal court in Washington, DC, against the Commodity Futures Trading Commission, challenging the agency’s enforcement of its swap data record-keeping and reporting requirements under the Dodd-Frank Wall Street Reform Act.