Despite the fact that the Gulf of Mexico’s natural gas production is still only at near 80% of capacity, October natural gas futures continued late last week’s sell-off streak. One day ahead of expiration, the prompt month dropped 13 cents to close at $5.262.
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Futures Continue Lower for Second Straight Day
Despite the fact that natural gas production from the Gulf of Mexico is still only a little more than 80% of normal following Hurricane Ivan’s wrath more than a week ago, October natural gas futures continued lower on Friday in a big way. The prompt month dropped 17.2 cents to close at $5.392.
Arizona Regulators Pre-Approve APS as Silver Canyon Pipeline Customer
Arizona’s regulatory commission last week pre-approved Arizona Public Service’s (APS) request to get close to half of its future natural gas supplies from the proposed Kinder Morgan Silver Canyon interstate transmission pipeline, which will bring gas from New Mexico’s San Juan Basin and from the northern Rockies via a connection with TransColorado Gas Transmission.
Arizona Regulators Pre-Approve APS as Silver Canyon Pipeline Customer
Arizona’s regulatory commission last week pre-approved Arizona Public Service (APS) request to get close to half of its future natural gas supplies from the proposed Kinder Morgan Silver Canyon interstate transmission pipeline, which will bring gas from New Mexico’s San Juan Basin and from the northern Rockies via a connection with TransColorado Gas Transmission.
In Search of Direction, Futures Await Storage Data
Resigned to the fact that crude was hogging the spotlight Wednesday, September natural gas futures puttered around within an 11-cent range ahead of their expiration Friday.
Dollar Crude Jump Puts Gas Futures Up 6.3 Cents on Light Volume
Despite the fact that trading volumes remained light due to Passover and upcoming Good Friday, May natural gas futures shimmied up 6.3 cents to close at $5.872, halting a two-day stretch during which the daily changes were less than a penny.
Unitil’s Massachusetts Utility Seeks Gas Rate Decrease, But Bills Could Go Up
Despite the fact that it is seeking a natural gas rate decrease before the Massachusetts Department of Telecommunications and Energy (MDTE), Unitil’s Massachusetts utility subsidiary noted that customers will actually see a slight increase due to the end of a temporary refund.
Unitil’s Massachusetts Sub Seeks Gas Rate Decrease, But Bills Could Go Up
Despite the fact that it is seeking a natural gas rate decrease before the Massachusetts Department of Telecommunications and Energy (MDTE), Unitil’s Massachusetts utility subsidiary noted Monday that customers will actually see a slight increase due to the end of a temporary refund.
New Pipe to Midwest Needed to Market Rockies Gas
The fact that Kern River’s 900 MMcf/d expansion has been running full right from its opening day in May is a clear indication of the need for another major pipeline, and soon, according to experts addressing members of the Colorado Oil and Gas Association (COGA) in Denver Wednesday.
New Pipe to Midwest Needed to Market Rockies Gas
The fact that Kern River’s 900 MMcf/d expansion has been 90% full almost from its opening in May is a clear indication of the need for another major pipeline, and soon, according to experts addressing members of the Colorado Oil and Gas Association (COGA) in Denver Wednesday.