Colonial

Natural Gas Futures, Cash Prices Fall as Ida Slashes Demand; Storm Tees Up ‘Tame September’

Natural Gas Futures, Cash Prices Fall as Ida Slashes Demand; Storm Tees Up ‘Tame September’

Though still early for a full assessment of former Hurricane Ida, natural gas futures traders on Monday focused squarely on the destruction of natural gas demand brought about by the catastrophic Category 4 storm. The October Nymex gas futures contract, on its first day in the prompt position, settled at $4.305, off 8.3 cents from…

August 30, 2021
Concerns About Cyberattack, East Coast Fuel Shortage Mount Amid Protracted Colonial Pipeline Outage

Concerns About Cyberattack, East Coast Fuel Shortage Mount Amid Protracted Colonial Pipeline Outage

There was no clear end in sight on Monday to the outage stemming from a cyberattack that forced the largest refined products pipeline in the United States offline late last week. Colonial Pipeline Co., a major supplier of gasoline, diesel and jet fuel to the eastern United States, said in a statement over the weekend…

May 10, 2021
Shales Supporting Enterprise Products’ Refined Products Export Plan

Shales Supporting Enterprise Products’ Refined Products Export Plan

Enterprise Products Partners LP is developing two refined products export facilities on the U.S. Gulf Coast to meet demand for additional refined products export capability with production from shale plays backing up the supply.

May 31, 2013