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Sunoco Agrees to Study Mariner East 1 Life Span in Settlement With Pennsylvania

Sunoco Agrees to Study Mariner East 1 Life Span in Settlement With Pennsylvania

Sunoco Pipeline LP has reached a settlement with Pennsylvania regulators to address corrosion control problems on Mariner East (ME) 1 that would require the company to conduct a rare “remaining life study” of the system.

April 9, 2019

September Natural Gas Called Lower as Guidance Holds Cooler Trends in East

September natural gas futures were set to open Wednesday about 2.0 cents lower at around $2.939 as weather guidance overnight continued to advertise cooler medium-range trends in the forecast for the East.

August 15, 2018

Traders Mull Near-Term Cooling, Loss of Demand; June Seen A Nickel Lower

June natural gas is set to open 5 cents lower Tuesday morning at $3.28 as traders factor in moderating temperatures and a short-term loss of demand. Overnight oil markets retreated.

May 23, 2017

Trading Still Rangebound, Choppy; June Called 6 Cents Lower

June natural gas is expected to open 6 cents lower Monday morning at $3.21 as weather forecasts offer little in the way of substantive change and risk managers look for a spot to initiate short hedges. Overnight oil markets were narrowly mixed.

May 8, 2017

Traders Mulling A Selling Opportunity; May Seen 2 Cents Lower

May natural gas is set to open 2 cents lower Tuesday morning as weather forecasts turn warmer and traders sense a weakening market. Overnight oil markets moved little.

April 11, 2017

Market Groping For Support; March Seen 3 Cents Higher

March natural gas is set to open 3 cents higher Wednesday morning at $2.59 as traders reconcile a modest loss in heating demand with deeply oversold market conditions. Overnight oil markets fell.

February 22, 2017

Weather, Technicals Looking Soft; March Called 10 Cents Lower

March natural gas is expected to open 10 cents lower Monday morning at $3.26 as near-term weather forecasts could only come up with transient cold patterns affecting major eastern energy markets. Overnight oil markets weakened.

January 30, 2017

Regulatory Review of TransCanada’s Energy East Going Back to Zero

Regulatory proceedings will start over from scratch on TransCanada Corp.’s hotly contested Energy East proposal for partial conversion of its natural gas Mainline to oil service.

January 27, 2017

Weather Models Shift; February Called 12 Cents Higher

February natural gas is set to open 12 cents higher Thursday morning at $3.45 as traders discount expected government data showing low usage and focus on upcoming forecast weather patterns. Overnight oil markets were narrowly mixed.

January 26, 2017

Bears Stirring as Forecasts Moderate; February Called 4 Cents Lower

February natural gas is expected to open 4 cents lower Tuesday morning at $3.38 as near-term forecasts moderate east of the Rockies and degree day counts fall far short of historical norms. Overnight oil markets rose.

January 17, 2017
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