The $6 billion collapse in the value of the Amaranth Advisors LLC fund may go down in history as perhaps the best example of how not to attempt to corner the natural gas market. It also may provide some lawmakers with the ammunition they need to regulate the over-the-counter energy market and gain greater oversight of hedge funds, according to several analysts.
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Agrium’s Hydrogen Deal Puts 22 Bcf/Year of Gas Back on Market
The emerging next generation of Alberta oilsands projects has provided an early example of how new technology will make oilsands a contributor to natural gas supplies rather than just a drain. About 22 Bcf/year of gas will eventually be put back on the market as a result of an agreement between fertilizer manufacturer Agrium Inc. and the 100,000 bbl/d Northern Lights oilsands project.
Agrium’s Hydrogen Deal Puts 22 Bcf/Year of Gas Back on Market
The emerging next generation of Alberta oilsands projects has provide an early example of how new technology will make oilsands a contributor to natural gas supplies rather than just a drain. About 22 Bcf/year of gas will eventually be put back on the market as a result of an agreement between fertilizer manufacturer Agrium Inc. and the 100,000 bbl/d Northern Lights oilsands project.
NGI The Weekly Gas Market Report
Federal Energy Regulator: Northeast Offers Example of ‘Failure to Plan’
A “classic example” of the country’s “failure to plan is New England and, frankly, the whole Northeast. We just aren’t doing it right,” FERC Commissioner Nora Brownell said last Thursday in an appearance at the Platts Northeast Power Markets Forum in Arlington, VA.
Shell Canada Triples Canadian Gas Land Holdings in 2005
In yet another example of the majors rebuilding gas holdings in North America, Shell Canada acquired a stake in 110,000 acres of land at the recent Crown land sales in Alberta and British Columbia.
Bingaman Urges State Regulators to Approve Conservation Tariffs for Gas Utilities
Sen. Jeff Bingaman of New Mexico, the ranking Democrat on the Senate Energy and Natural Resources Committee, called on state regulators to follow the example of Oregon and structure utility rates in a way that would encourage energy efficiency and the conservation of natural gas as the winter heating season approaches.
PSCO’s Colorado Settlement Praised by S&P
Calling it an example of a “successful regulatory outcome,” Standard & Poor’s Ratings Services praised an omnibus settlement between Xcel Energy’s Public Service Company of Colorado utility and more than two dozen of its stakeholders. The deal was approved by the Colorado Public Utilities Commission last December.
PSCO’s Colorado Settlement Praised by S&P
Calling it an example of a “successful regulatory outcome,” Standard & Poor’s Ratings Services praised an omnibus settlement between Xcel Energy’s Public Service Company of Colorado utility and more than two dozen of its stakeholders. The deal was approved by the Colorado Public Utilities Commission last December.
S&P Labels Dominion’s Liquidity as ‘Improving’
With adequate liquidity now an increasing focus of credit analysis in the energy industry, Dominion Resources Inc. (BBB+/Stable/A-2) is a “good example” of a company with improving liquidity, according to Standard & Poor’s (S&P) in a new report released Friday.
Mild Softness Is the Rule in Most Markets
The cash market threw some traders a curve Tuesday. Instead of following the example of Monday’s screen plunge as had been expected, flat to barely lower numbers dominated at most points. Most declines were 3 cents or less, and only a few points fell by more than a nickel. The only significant upticks of more than a dime came in the Rockies with Kern River-Opal, Northwest Domestic, Cheyenne Hub and CIG all showing gains of 10 to 20 cents.