As a marketer had correctly predicted, the cash market was unable to sustain Tuesday’s brief burst of firmness and was down at nearly all points Wednesday. The previous day’s 4.1-cent drop by September futures played a minor bearish role, of course, but it was primarily the subpar late-summer cooling load and continuing warnings about storage facilities soon being unable to accommodate further injections in many locations (see related story) that drove most quotes downward.
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Transportation Notes
Florida Gas Transmission tightened the tolerance for negative daily imbalances from 25% to 15% in extending an Overage Alert Day through at least Wednesday.
August 6, 2009
Industry Brief
Interior Department’s Minerals Management Service (MMS) is extending the public comment period for the call for information and notice of intent to prepare an environmental impact statement on a proposed lease sale for off the coast of Virginia in 2011. The comment period was due to close on Dec. 29, but it has been extended to Jan. 13. This is the first lease sale that MMS has proposed off the East Coast in nearly three decades. The proposed sale area, which is at least 50 miles offshore and covers 2.9 million acres in water depths of 100 feet to 10,000 feet, is believed to contain 1.14 Tcf of natural gas and 130 MMbbl of crude oil, according to the agency.
December 22, 2008
REX Cites Regulatory Delays in Adjusting REX East Timetable
Rockies Express (REX) has reassessed its progress in constructing its 1.8 Bcf/d REX-East pipeline, extending the date for completion by five months to the start of the 2009 winter heating season.
October 13, 2008
REX Cites Regulatory Delays in Adjusting REX East Timetable
Rockies Express (REX) has reassessed its progress in constructing its 1.8 Bcf/d REX-East pipeline, extending the date for completion by five months to the start of the 2009 winter heating season.
October 8, 2008
Copano Buying Texas Lateral From Transco
Houston-based Copano Energy LLC has agreed to acquire the McMullen Lateral pipeline, a 151-mile, 24-inch diameter line extending from McMullen County, TX, to Wharton County, TX, from Williams’ Transco subsidiary.
October 6, 2008
Southeast Supply Header Cleared for Start-Up
FERC Friday gave Southeast Supply Header LLC (SESH) the green light to begin service over its new pipeline facilities extending from northeast Louisiana to an interconnection with Florida Gas Transmission (FGT) near the Mississippi-Alabama line.
September 8, 2008
Southeast Supply Header Seeks to Start Up by Friday
Southeast Supply Header LLC (SESH) has asked FERC for authorization to begin service Friday over its new pipeline facilities extending from northeast Louisiana to an interconnection with Florida Gas Transmission (FGT) near the Mississippi-Alabama line.
September 4, 2008
Transportation Notes
While extending an Overage Alert Day for market-area customers into its fourth straight day Thursday, Florida Gas Transmission tightened the tolerance for negative daily imbalances from 25% to 15%.
August 8, 2008
Transportation Notes
Florida Gas Transmission tightened the tolerance for negative daily imbalances from 25% to 15% in extending an Overage Alert Day for market-area customers through at least Wednesday.
February 28, 2008
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