Conditions

Transportation Notes

After accepting limited nominations for two cycles of Sunday’s gas day, Ruby Pipeline said based on current pipeline conditions and imbalance payback quantities, it would be able to increase operationally available capacity for Monday “in excess of firm contracted capacity starting with the Evening Nomination Cycle (Cycle 2) tonight [Monday].” The return to service in excess of firm contract quantities ended the related force majeure event effective for Monday, Ruby added. See the bulletin board for other details on the pipeline’s restoration of service following a system shutdown caused Dec. 10 by a block valve yard fire in a remote area of Utah (see Daily GPI, Dec. 13).

December 20, 2011

Mixed Price Moves See Mostly Small Gains

Despite a return of spring-like weather bringing cool to mild temperatures to the South, wintry conditions occasionally abetted by snowfalls proved sufficient to rally a majority of points Tuesday, although flat performances were common and most of the gains were in single digits.

December 14, 2011

Nearly All Points Fall in Trading for Weekend

With forecasts calling for below-normal temperatures in the western third of the U.S. this week, while normal and above-normal conditions are due in the more densely populated central and eastern thirds, respectively, prices dropped Friday at nearly all points. The typical weekend decline of industrial demand was an additional, albeit minor, bearish factor.

December 12, 2011

WSI: Winter Temperatures More Moderate This Year

The northern and western United States can expect slightly colder-than-normal conditions this winter, though overall temperatures will be more moderate this winter than in recent years, according to forecasters at Andover, MA-based Weather Services International (WSI).

November 28, 2011

WSI: Winter Temperatures More Moderate This Year

The northern and western United States can expect slightly colder-than-normal conditions this winter, though overall temperatures will be more moderate this winter than in recent years, according to forecasters at Andover, MA-based Weather Services International (WSI).

November 22, 2011

WSI: East to Avoid Extreme Temps of Last Two Winters

Colder-than-normal temperatures will dominate the Northeast through at least January, but current conditions indicate that the cold “will not be as extreme as it was during the last two winters,” according to Andover, MA-based Weather Services International (WSI).

October 31, 2011

WSI: East to Avoid Extreme Temps of Last Two Winters

Colder-than-normal temperatures will dominate the Northeast through at least January, but current conditions indicate that the cold “will not be as extreme as it was during the last two winters,” according to Andover, MA-based Weather Services International (WSI).

October 25, 2011

Pennsylvania Township Sued Over Marcellus Ordinance

Range Resources Corp. has filed suit against a Pennsylvania township, alleging that the municipality violated state meetings law by not giving proper notice before making sweeping, prohibitive changes to its Marcellus Shale drilling ordinance.

October 24, 2011

Transportation Notes

Columbia Gas, which had declared Critical Days for storage Saturday through Monday, said changing operational conditions allowed it to end the Critical Day status effective with intraday nominations for Monday.

October 4, 2011

Prices Fall as Supportive Weather Conditions Reverse

Although temperatures are rising in much of the West, they were diminishing in sections of the South, and despite chilly conditions lingering for at least another day or so in the Midwest, the region is due to see a warming trend toward the weekend. The modestly bearish weather influences, which reversed marginal support for Tuesday’s cash market, combined with the 3.1-cent fall by October futures Tuesday to drive quotes lower at a large majority of points Wednesday.

September 22, 2011
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