December

WSI Sees Warmer-Than-Normal Autumn Across Northeast

Warmer-than-normal temperatures will dominate in the Northeast from September through November, while cooler-than-average conditions will be in place in parts of the Southeast and along the Pacific Coast, according to forecaster WSI Corp. of Andover, MA.

August 26, 2008

Williston Basin Plans Further Expansion of Grasslands Pipe

Williston Basin Interstate Pipeline Co. (WBI), a subsidiary of MDU Resources Group, plans to expand its Grasslands Pipeline by up to 40 MMcf/d, it said Tuesday.

July 2, 2008

MMS Announces Lease Sale Winners, FY2007 Disbursements

Starting December off with a bang, the Minerals Management Service (MMS) announced last week that Western Gulf of Mexico Oil and Gas Lease Sale 204 was a success with accepted high bids valued at more than $287 million. The government agency also released fiscal year 2007 (FY2007) revenue collection and disbursement amounts.

December 10, 2007

MMS Announces Lease Sale Winners, FY2007 State Disbursements

Starting December off with a bang, the Minerals Management Service (MMS) announced Tuesday that Western Gulf of Mexico Oil and Gas Lease Sale 204 was a success with accepted high bids valued at more than $287 million. On Monday, the government agency also released fiscal year 2007 (FY2007) revenue collection and disbursement amounts.

December 5, 2007

Missouri Regulators Grant Laclede Base Rate Increase

The Missouri Public Service Commission has approved the unanimous settlement reached in the rate case filed by Laclede Gas in December, authorizing a $38.6 million annual increase in base rates effective Aug. 1.

July 23, 2007

Laclede Gas Gets Base Rate Increase in Missouri

The Missouri Public Service Commission approved the unanimous settlement reached in the rate case filed by Laclede Gas in December, authorizing a $38.6 million annual increase in base rates effective Aug. 1.

July 20, 2007

Lower Gas Prices Create ‘Compelling’ Takeover Targets in E&P

Exploration and production (E&P) equities are down nearly 15% since early December, but if the current seasonal weather reverts to warmer-than-normal conditions in the next three weeks, share prices likely will be slapped down again in mid-to-late February, which could create “compelling acquisition opportunities,” energy analysts said last week.

January 22, 2007

Analysts Say Lower E&P Share Prices Create ‘Compelling’ Acquisitions

Exploration and production (E&P) equities are down nearly 15% since early December, but if the current seasonal weather reverts to warmer-than-normal conditions in the next three weeks, share prices likely will be slapped down again in mid to late February, which could create “compelling acquisition opportunities,” energy analysts said Tuesday.

January 17, 2007

AccuWeather’s Bastardi Sees Winter Turning ‘Cold and Stormy’

Despite the U.S. having just experienced its fourth warmest December since records began in 1895 (see related story), AccuWeather chief long-range forecaster Joe Bastardi said the unseasonably warm winter to date in the United States is likely to “turn on a dime” this month. If his forecast proves true, natural gas and power prices could be jolted higher, as already evidenced by the natural gas futures market’s response to these cold front warnings.

January 15, 2007

AccuWeather’s Bastardi Sees Winter Turning ‘Cold and Stormy’

Despite the U.S. having just experienced its fourth warmest December since records began in 1895 (see Daily GPI, Jan. 10), AccuWeather chief long-range forecaster Joe Bastardi said the unseasonably warm winter to date in the United States is likely to “turn on a dime” this month. If his forecast proves true, natural gas and power prices could be jolted higher, as already evidenced by the natural gas futures market’s response to these cold front warnings.

January 11, 2007