After much promise but little action, the area of the Niobrara Shale play extending into southeast Wyoming has energy stakeholders in that state scratching their heads. The prospect of more seismic testing has at least one high-level state official encouraged.
Extending
Articles from Extending
Boardwalk Pipeline Partners Continues Shale Expansion
Houston-based Boardwalk Pipeline Partners LP has been able to strengthen the value of its natural gas pipeline network by expanding and extending it into North American shale basins over the past few years, but the recent overabundance of gas has resulted in “lower natural gas prices and a reduction in price differentials, both seasonally and between basins,” according to CEO Stanley Horton.
Warming Trends Spur Rebounds at Most Points
The fickle nature of weather trends came into play in the gas market again Friday as hot weekend forecasts for much of the U.S. and even extending into parts of central and Eastern Canada generated rallies at a large majority of points. The previous day’s 2.5-cent futures loss following a moderately bearish storage report and the usual weekend decline of industrial load had relatively minimal impact.
Transportation Notes
Florida Gas Transmission tightened the tolerance for negative daily imbalances from 20% to 10% in extending an Overage Alert Day for market-area customers into a second day Wednesday.
Transportation Notes
Florida Gas Transmission raised the tolerance for negative daily imbalances from 20% to 25% in extending an Overage Alert Day for market-area customers through at least Thursday.
Transportation Notes
Having previously announced System Overrun Limitations (SOL) in all market-area zones for last Thursday and then extending them into Friday, Northern Natural Gas said late Thursday the SOLs would remain in place through Saturday, Sunday and Monday.
Winter Storm Bolsters Most Points; Low Linepack Common
Frigid temperatures and frozen precipitation extending into nearly all sections of the U.S. and Canada caused spot prices to rise at all locations except three in Western Canada Wednesday.
Bastardi Sees January Deep Freeze for U.S.
Following record-cold December temperatures, AccuWeather.com chief long range forecaster Joe Bastardi said he sees the frigid trend extending coast-to-coast through mid- to late January.
U.S. to Enter January Deep Freeze, Bastardi Says
Following record-cold December temperatures, AccuWeather.com chief long range forecaster Joe Bastardi said he sees the frigid trend extending coast-to-coast through mid- to late January.
Cold Forecasts Fail to Avert Overall Price Dips
Icy weather forecasts for Thursday extending into parts of the South didn’t seem to impress the cash market Wednesday as it recorded losses at all but one point (a flat Sumas), including multi-dollar declines at some Northeast points that had continued to soar a day earlier, and a whopping $11-plus plummet at the Florida citygate.