Williams Partners LP is holding an open season through April 2 for the remaining capacity on its 260-mile Atlantic Access Project, a pipeline that would carry more than 1 Bcf/d of Appalachian gas supply to eastern markets along the Atlantic Seaboard by late 2014.
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Credit Suisse: Several Factors to Keep Lid on Summer Gas Prices
A confluence of factors is setting this summer up to be a soft one for natural gas prices, according to analysts at Credit Suisse.
ICE Claims Natural Gas Basis Trades Not Price Movers
Natural gas basis trades reported on the IntercontinentalExchange (ICE) electronic system do not rise to the level of performing a significant price-discovery function (SPDF), ICE said in objecting to the Commodity Futures Trading Commission’s (CFTC) proposal to designate 15 natural gas basis contracts as qualifying for SPDF treatment.
UBS Warburg Lowers 2001 Gas Forecast by 30 Cents
Due to a confluence of events, including ample natural gas storage supplies and the nation entering a recession, Ronald Barone of UBS Warburg said it should “come as no surprise” that the company has decided to lower its 2001 and 2002 natural gas spot price forecast. The analyst said he has lowered the 2001 projection of 12-region composite spot price to $3.80 from $4.10, compared to the current Street consensus of $4.00. UBS Warburg’s Henry Hub equivalent is $3.95.
UBS Warburg Lowers 2001 Gas Forecast by 30 Cents
Due to a confluence of events, including ample natural gas storage supplies and the nation entering a recession, Ronald Barone of UBS Warburg said it should “come as no surprise” that the company has decided to lower its 2001 and 2002 natural gas spot price forecast. The analyst said he has lowered the 2001 projection of 12-region composite spot price to $3.80 from $4.10, compared to the current Street consensus of $4.00. UBS Warburg’s Henry Hub equivalent is $3.95.
Enron, Dynegy Click On All Cylinders In Q1
A confluence of positive trends, including continued robustness in wholesale energy trading activity, helped to propel first quarter 2001 earnings at energy marketing and trading powerhouse Enron Corp. and its energy marketing competitor Dynegy Inc. above and beyond expectations previously locked in by Wall Street analysts.
Enron, Dynegy Click On All Cylinders In Q1
A confluence of positive trends, including continued robustness in wholesale energy trading activity, helped to propel first quarter 2001 earnings at energy marketing and trading powerhouse Enron Corp. and its energy marketing competitor Dynegy Inc. above and beyond expectations previously locked in by Wall Street analysts.