England

Most Points Rally With Chilly Weather Continuing

Several Northeast trading locations, mostly in New England, fell Monday despite freezing-or-less overnight lows forecast to persist into Tuesday. However, the rest of the market recorded substantive increases — nearly all in double digits — due to winter-like cold weather lingering into early spring, April futures strength on the preceding Friday and the return of industrial load from its normal weekend decline also contributed to overall upticks.

March 29, 2011

Storm Gives Major Boost to Non-Northeast Points

It might not set records like the one in New England during mid-January, but another major winter storm spreading into most market areas was generating flat to as much as about 95 cents higher prices at most non-Northeast locations Tuesday. The previous day’s futures gain of 9.7 cents gave a little extra support to cash.

February 2, 2011

Climate Change Debate Gets Hotter

A controversy over possible falsified climate change reports has been growing in England and the United States as world leaders, including President Obama, prepare to attend the United Nations (UN) Framework Convention on Climate Change to be held in Copenhagen Dec. 7-18.

November 30, 2009

Climate Change Debate Gets Hotter

A controversy over possible falsified climate change reports has been growing in England and the United States as world leaders, including President Obama, prepare to attend the United Nations (UN) Framework Convention on Climate Change to be held in Copenhagen Dec. 7-18.

November 30, 2009

WSI Forecasts Colder Temps, Growing Demand Through March

Colder-than-normal weather will be seen across most of the northern United States through March, with warmer-than-normal temperatures spread across the rest of the country, WSI Corp. forecasters said Wednesday.

December 27, 2007

Iberdrola to Acquire Energy East for $4.5B

Spanish-based powerhouse Iberdrola SA agreed last week to acquire Portland, ME-based utility Energy East for an estimated $4.5 billion. The New England utility serves 1.8 million electricity customers and 900,000 natural gas customers along the East Coast in Maine, New Hampshire, Massachusetts, Connecticut and New York.

July 2, 2007

Cash Prices Step 20-50 Cents Higher after 4 Days of Nymex Increases

Four straight days of increases on the Nymex set the stage for a significant cash market rebound Wednesday. Daily averages approached the $4.90s in New England and were largely back above $4 in the Rockies except for Northwest Pipeline and Questar. Kingsgate and Station 2 in British Columbia remained below $4.

October 5, 2006

Holiday-Impacted Trading Session Sees Little Activity; Futures Close Pennies Higher

Natural gas futures trading on the New York Mercantile Exchange was scant Monday as a number of market participants took the day off to observe the Jewish Holiday Yom Kippur. While trading within a slim 13-cent range, November natural gas put in a high of $5.730 before settling at $5.643, up 2.3 cents on the day.

October 3, 2006

Distrigas LNG Terminal to Participate in Major Antiterror Drill

A large-scale antiterror drill will be carried out in New England about a week after the five-year anniversary of the Sept. 11, 2001 terrorist attacks, with the Distrigas of Massachusetts’ liquefied natural gas (LNG) terminal in Everett, MA, playing a secondary role.

September 11, 2006

Distrigas LNG Terminal to Participate in Major Antiterror Drill

A large-scale antiterror drill will be carried out in New England about a week after the five-year anniversary of the Sept. 11, 2001 terrorist attacks, with the Distrigas of Massachusetts’ liquefied natural gas (LNG) terminal in Everett, MA, playing a secondary role.

September 1, 2006