Degrees

Citing forecasts of temperatures near 90 degrees in Florida and lower linepack, Florida Gas Transmission (FGT) issued an Overage Alert Day for market-area customers Tuesday. The tolerance for negative daily imbalances was set at 25%. FGT said it would not interrupt previously scheduled ITS-1 service in the market area “below the elapsed prorated scheduled quantity.”

The University of California 10-campus system came to the state utility regulatory commission president with a plan for climate change. With two degrees from the UC Berkeley campus, Michael Peevey listened. On Thursday, Peevey and his four colleagues on the California Public Utilities Commission unanimously approved a statewide examination of the university’s plan to create the Climate Solution Institute with a $60 million annual budget for its first 10 years.

A screen spike of 36.6 cents a day earlier and ongoing heavy power generation load from high temperatures in the vicinity of 100 degrees across nearly all of the southern half of the U.S. trumped milder conditions in northern market areas and the usual decline of industrial load over a weekend in causing prices to keep rising at a sizable majority of points Friday.

With temperatures above 90 degrees forecasted in its Florida market area, Florida Gas Transmission issued an Overage Alert Day notice Wednesday that had a 25% tolerance for negative daily imbalances.

South Jersey Gas (SJG) posted a gas sendout record over the Jan. 29-30 weekend because of teeth-chattering cold temperatures averaging 17 degrees and blizzard conditions. Most folks in New Jersey apparently stayed home for the weekend and cranked up their heat. The utility company set a record for a three-day sendout at 1,197,580 decatherms of gas, which broke the prior record of 1,159,578 decatherms set Jan. 23-25 last winter. “Despite consistently cold weather, our portfolio of gas supplies was more than sufficient to meet our customers’ needs,” said Ed Graham, president of SJG. “We employ a prudent natural gas supply strategy which allows us to handle extreme winter temperatures like those recently affecting our region.” SJG has invested $380 million during the last eight years to improve its delivery system and infrastructure and because of growing demand on its system. The company serves 311,000 residential, commercial and industrial customers in seven New Jersey counties.

South Jersey Gas (SJG) posted a gas sendout record over the weekend because of teeth-chattering temperatures averaging 17 degrees and blizzard conditions. Most folks in New Jersey apparently stayed home for the weekend and cranked up their heat.

What do you get when you mix coconut oil and liquefied naturalgas? A minus-260-degrees-Fahrenheit Pina Colada.

What do you get when you mix coconut oil and liquefied naturalgas? A minus-260-degrees-Fahrenheit Pina Colada.

Under heavy pressure from near record-setting high temperatures,the natural gas market caved in yesterday as traders continued toliquidate long positions. After opening at $2.80 the Decembercontract was hit with a Microsoft-like drop, breaking through keysupport levels at $2.74 and $2.70, to finish off 21.9 cents at$2.665.