Fill

Gas storage withdrawals last week may have broken the weekly record set Jan. 17, 1997 at more than 260 Bcf, according to a number of forecasters. Not only did the severe cold early in the week send gas demand to peak levels on some northeastern local distribution systems, but the extended cold also sustained high withdrawals for multiple days.

Steve Poizner, a Silicon Valley telecommunications multi-millionaire entrepreneur, withdrew his name on Wednesday from consideration to fill one of the five seats on the California Public Utilities Commission (CPUC), citing too many conflicts with his rich and varied personal investment portfolio. Poizner, an unsuccessful candidate for an elected state legislative seat two years ago, said he plans to run next year for the state Insurance Commissioner’s post.

Steve Poizner, a Silicon Valley telecommunications multi-millionaire entrepreneur, withdrew his name on Wednesday from consideration to fill one of the five seats on the California Public Utilities Commission (CPUC), citing too many conflicts with his rich and varied personal investment portfolio. Poizner, an unsuccessful candidate for an elected state legislative seat two years ago, said he plans to run next year for the state Insurance Commissioner’s post.

TransCanada PipeLines Ltd. has come up with a way to escape the cost and toll squeeze caused by excess capacity on its natural gas mainline — fill up the empty space with oil.

Liquefied natural gas (LNG) may not only fill the gas supply gap, but might end up displacing indigenous resources down the road if enough projects can overcome local opposition and line up the required financing for construction, according to several analysts speaking at the GasMart conference in Denver on Tuesday.

Liquefied natural gas (LNG) may not only fill the gas supply gap, but might end up displacing indigenous resources down the road…if enough projects can overcome local opposition and line of the required financing for construction, according to several analysts speaking at the GasMart conference in Denver on Tuesday.

Government observers in Ottawa, convinced the North American market has entered an era of tight supplies and high prices, anticipate a steady rise in the value of Canadian natural gas as far ahead as their computer projections can see.

Government observers in Ottawa, convinced the North American market has entered an era of tight supplies and high prices, anticipate a steady rise in the value of Canadian natural gas as far ahead as their computer projections can see.

After wildly carving out a 15-cent trading range in the moments following the 10:30 a.m. EDT storage report (featuring a 75 Bcf injection), the natural gas futures market continued to march higher Thursday, proving that rising storage inventories are no match for the one-two combination of concerns over winter and bullish technical factors.