Citing the apparent trading irregularities of Amaranth Advisors LLC and large positions taken by the United States Natural Gas Fund LP (UNG) as evidence of the need for aggressive action, the Commodity Futures Trading Commission (CFTC) last Thursday voted out a notice of proposed rulemaking (NOPR) that would set limits on speculative trading of exchange-traded futures and options contracts in major energy markets.
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Transportation Notes
For the second day in a row Southern California Gas appeared to be about to end a high-linepack OFO, but Thursday afternoon it said the OFO was being extended through at least Friday.
Transportation Notes
For the second day in a row Southern California Gas appeared to be about to end a high-linepack OFO, but Thursday afternoon it said the OFO was being extended through at least Friday.
Transportation Notes
MRT said it will lift its warm weather-related System Protection Warning Friday.
Transportation Notes
MRT said it will lift its warm weather-related System Protection Warning Friday.
Transportation Notes
Citing forecasts of high service-area temperatures, MRT issued a System Production Warning (SPW) that took effect Saturday until further notice. See the bulletin board for SPW conditions.
Transportation Notes
Citing forecasts of high service-area temperatures, MRT issued a System Production Warning (SPW) that took effect Saturday until further notice. See the bulletin board for SPW conditions.
Transportation Notes
Citing forecasts of Florida lows in the 30s and linepack below its minimum target levels, Florida Gas Transmission issued an Overage Alert Day for market-area customers Thursday with a 15% tolerance for negative daily imbalances.
Transportation Notes
Citing forecasts of Florida lows in the 30s and linepack below its minimum target levels, Florida Gas Transmission issued an Overage Alert Day for market-area customers Thursday with a 15% tolerance for negative daily imbalances.
Transportation Notes
Citing forecasts of low temperatures in its market area, Northern Natural Gas said it is expanding a System Overrun Limitation for Zone EF that had been in effect for Tuesday and Wednesday into Zones ABC and D Thursday. The pipeline also declared a force majeure at the Palmyra (NE) Compressor Station, saying it had encountered mechanical issues with Unit 26. The outage, expected to last “several days,” is reducing capacity through Palmyra by 120,000 MMBtu/d, affecting both the Palmyra North and Oakland groups downstream of the Palmyra constraint point, Northern said. However, based on current and forecasted loads, it did not expect allocations of these groups.