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Because it has not yet seen a decrease in the carbon dioxide (CO2) content at its Beatrice, NE, interconnect with Trailblazer Pipeline (see Daily GPI, March 31), Northern Natural Gas said it plans to go ahead and reduce the interconnect’s operationally available capacity starting Thursday to 300,000 Dth/d. Northern said it intends to get the volume of high-CO2 gas being delivered by Trailblazer low enough to meet its CO2 tariff maximum to 2.0% or less in the market area. Northern also plans to post a System Underrun Limitation for its market area Thursday. See the bulletin board for other details.

Because it has not yet seen a decrease in the carbon dioxide (CO2) content at its Beatrice, NE, interconnect with Trailblazer Pipeline (see Daily GPI, March 31), Northern Natural Gas said it plans to go ahead and reduce the interconnect’s operationally available capacity starting Thursday to 300,000 Dth/d. Northern said it intends to get the volume of high-CO2 gas being delivered by Trailblazer low enough to meet its CO2 tariff maximum to 2.0% or less in the market area. Northern also plans to post a System Underrun Limitation for its market area Thursday. See the bulletin board for other details.

Not content with the prior session’s punch below the psychological $3 price level to a seven-year low, the bearish natural gas futures movement found follow-through on Friday to notch a new low for the move at $2.776 before closing out the day at $2.804, down 14.1 cents from Thursday and 43.4 cents lower than the previous week’s finish.

After scouting both lower and higher prices on Monday, natural gas futures traders appeared content to relax on Tuesday as the May contract traded a tight range before closing at $3.689, up 6.1 cents on the day.

In an effort to remove carbon dioxide from natural gas, which could enable the commercialization of gas with a higher carbon dioxide content, ExxonMobil announced it is committing more than $100 million to complete development and testing of an improved natural gas treating technology that could make carbon capture and storage more affordable and significantly reduce greenhouse gas emissions.

In an effort to remove carbon dioxide from natural gas, which could enable the commercialization of gas with a higher carbon dioxide content, ExxonMobil announced Monday that it is committing more than $100 million to complete development and testing of an improved natural gas treating technology that could make carbon capture and storage more affordable and significantly reduce greenhouse gas emissions.

With conflicting weather forecasts and uncertainty over Thursday’s storage report, traders on Wednesday appeared content to let the range-bound market remain range-bound. Following another failure just above $8, December natural gas drifted lower, ultimately closing at $7.823, up 6.8 cents from Tuesday’s close.

Trading within a 20-cent range on the day, June natural gas futures on Friday seemed content to bounce between $5.880 and $6.080 before closing below $6.000 for the second consecutive session at $5.962, down 3.5 cents on the day and 31.8 cents lower than the previous week’s close.

The growing variability in the composition of natural gas delivered to American consumers is creating a number of new operational, reliability and safety concerns, according to a presentation made Wednesday at FERC’s regular meeting by a broad coalition of industry trade associations, research organizations and other stakeholders.