Higher natural gas prices will be a “clear driver” for wholesale electricity prices this coming summer across the entire United States, FERC analysts said Thursday.
Entire
Articles from Entire
May Futures Expire Middle of the Range; June Still Looks Range-Bound
After exploring the entire range of its $7 to $8 borders during the last month, it was only fitting that May natural gas futures would go off of the board Thursday afternoon right in the middle at $7.508, down 18.1 cents on the day. June natural gas, which steps up to front-month status, dropped 17.9 cents to $7.602.
Cove Point Plans June Maintenance Shutdown; Market Impact Assessed
Dominion Cove Point plans to shut down its liquefied natural gas (LNG) terminal in Lusby, MD, for the entire month of June to carry out maintenance related to the expansion of its facilities. A major customer of the terminal believes the impact of the temporary closure of the 1 Bcf/d plant on the U.S. gas market will be minimal.
Cove Point Plans June Maintenance Shutdown; Market Impact Assessed
Dominion Cove Point plans to shut down its liquefied natural gas (LNG) terminal in Lusby, MD, for the entire month of June to carry out maintenance related to the expansion of its facilities. A major customer of the terminal believes the impact of the temporary closure of the 1 Bcf/d plant on the U.S. gas market will be minimal.
Prices Up at Most Points, But Rockies Quotes Dive
Colder weather returning to northern market areas combined with rising power generation load for air conditioning needs along the entire southern rim of the U.S. to boost prices at most points. The cash market also had residual support from Friday’s 12.1-cent advance by May futures.
Connecticut Delegation United in Opposition to Broadwater Project
The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a recent letter to FERC Chairman Joseph Kelliher.
Connecticut Delegation United in Opposition to Broadwater Project
The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a letter Friday to FERC Chairman Joseph Kelliher.
Nearly All of West Joins East in Cash Declines
Almost the entire cash market fell Tuesday as heating load remained scarce despite a snowstorm that will be bearing down on the central Plains Wednesday. Only a nickel rise by Questar prevented across the board losses.
Transportation Notes
High line pack exists on Kern River’s entire system. Shippers and operators were asked by the pipeline Monday to stay on rate.
Futures Remain Range-Bound; All Eyes on Weather
After trading lower than Thursday’s close for the entire morning Friday, August natural gas futures did a complete reversal in the afternoon. After recording a $5.880 low early in the day and a high of $6.150 late in the session, the prompt month ended up at $6.139, up 4.8 cents on the day, but 20.8 cents lower than the previous week’s close.