columbia gas

June Natural Gas Futures Inch Higher Amid LNG Strength, Potential for Storage Depletion

June Natural Gas Futures Inch Higher Amid LNG Strength, Potential for Storage Depletion

Natural gas futures advanced for a second consecutive session on Monday, as traders mulled weather-driven demand potential, continued strong liquefied natural gas (LNG) volumes and the potential for light storage levels moving through the summer months.   The June Nymex contract advanced 3.5 cents day/day and settled at $2.966/MMBtu. July rose 3.6 cents to $3.014. Spot…

May 3, 2021
Columbia Gas of Massachusetts Slammed with Three Years Probation, $53M Fine for ‘18 Natural Gas Explosions

Columbia Gas of Massachusetts Slammed with Three Years Probation, $53M Fine for ‘18 Natural Gas Explosions

A series of natural gas explosions in September 2018 that rocked three communities north of Boston, killing one man and injuring 22, has resulted in an expected criminal fine of $53 million and three years of probation for Columbia Gas of Massachusetts (CMA). The NiSource Inc. subsidiary already had agreed in February to plead guilty…

June 24, 2020