Over New Year’s Eve U.S. Coast Guard (USCG) crews contended with an Arctic storm while assisting Royal Dutch Shell plc’s grounded drillship The Kulluk on the southeast shoreline of Sitkalidak Island, AK. Shell emphasized that the grounding is a maritime accident and not related to drilling, and that there was no risk of an oil spill.
Contended
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Prices Mixed; Delay in WIC Restoration Weakens Rockies
A prior-day screen advance of less than a dime contended for primary influence on Wednesday’s cash market with generally moderate weather fundamentals and expectations that Thursday morning’s storage report will show that the industry returned to net injection mode last week. The results were mixed, with most points remaining close to flat and few straying more than about a dime up or down from Tuesday’s levels.
November 16, 2006
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