A week-long series of protests outside FERC headquarters in Washington, DC, by activists opposed to the use of hydraulic fracturing (fracking) and other energy industry practices, resulted in dozens of arrests but drew little attention, according to multiple reports.
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AccuWeather: Six More Weeks of Winter for Northeast
The coming spring could rank among the top-ten warmest on record, but that warmth isn’t expected to be as widespread or as extreme as last year, according to AccuWeather.com’s long-range forecast team.
Frankenstorm Spurs House Dems’ Call for Climate Change Hearing
It was only a matter of time before Democrats called for a hearing to explore what role, if any, extreme weather events and climate change played in the Frankenstorm that slammed into the northeastern coast this week when Hurricane Sandy teamed with a cold front from the West to create a superstorm.
Extended Cold Curtails Gas Deliveries in the Southwest
Extreme cold in the Southwest Wednesday through Friday, causing well freeze-offs and compressor failures due to power outages, curtailed gas deliveries to thousands of customers in New Mexico, Arizona and Southern California supplied through El Paso Natural Gas and Transwestern Pipeline.
Extended Cold Curtails Gas Deliveries in the Southwest
Extreme cold in the Southwest Wednesday through Friday, causing well freeze-offs and compressor failures due to power outages, curtailed gas deliveries to thousands of customers in New Mexico, Arizona and Southern California supplied through El Paso Natural Gas and Transwestern Pipeline.
Transportation Notes
ANR said it was canceling Monday an Extreme Condition on its system and related requirements for shippers at the Marshfield, WI, interconnect with Viking Gas Transmission.
Futures Fall Despite Solid 176 Bcf Storage Withdrawal
Extreme cold in the East finally translated into a stout natural gas storage withdrawal report, but it appears some traders were expecting an even larger number as near-month natural gas futures fell following the 10:30 a.m. EST report Friday. The February contract put in a new low for this downtrend on Friday before closing at $4.518, down 16.3 cents from Thursday’s finish and 28.3 cents lower than the previous week’s close.
West Awash in Gas, LNG Uncertain, But New Pipes Roll On
Western North America has overreacted to price signals and taken “drill, baby, drill” to an extreme, and as a result the region is saturated with natural gas production that outstrips the current prospective markets, according to a panel of western energy executives who spoke last Tuesday at the 2008 LDC Forum Rockies & West Conference in Irvine, CA. Current swift drops in wholesale gas prices will help, but volatility still adds continued uncertainty for buyers, the panelists said.
West Awash in Gas and LNG Uncertain, Forum Told
Western North America has overreacted to price signals and taken “drill, baby, drill” to an extreme, and as a result the region is saturated with natural gas production that outstrips the current prospective markets, according to a panel of western energy executives speaking Tuesday at the 2008 LDC Forum Rockies & West Conference in Irvine, CA. Current swift drops in wholesale gas prices will help, but volatility still adds continued uncertainty for buyers, the panelists said.
Transportation Notes
ANR ended Friday the Extreme Condition that had been implemented Wednesday.