Freeport LNG Development LP — which is among the U.S. liquefied natural gas (LNG) regasification terminal flip-floppers — has asked FERC to modify an authorization granted earlier this year for expansion of its regasification facilities. As with some other Gulf Coast LNG terminals, operators are now more intent on exporting LNG than importing it.
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Articles from Flip
Cash Values Drop on Moderating Weather
Rounding out the flip-flopping action of the week, cash points unanimously plunged on Friday ahead of the weekend as moderating weather and Thursday’s hardy natural gas storage report made it very difficult to argue that the supply-demand equation is anywhere close to being balanced.
June 22, 2009
Cash Market Slides on Bearish Fundamentals
Siding with prior-day futures weakness instead of sticking to the week’s flip-flopping trend, cash points unanimously crumbled on Friday with most points declining by more than a half-dollar and a number of points out west shedding more than a dollar.
October 27, 2008
Most Cash Points Rebound as Temperatures Dip
Keeping with the flip-flop trend of the week, a large majority of natural gas cash points on Wednesday reversed course from Tuesday and recorded gains of up to a half dollar. While the East, West Coast and onshore Gulf of Mexico area posted gains across the board, the Midcontinent saw a few declines mixed in with widespread gains. The Rockies had basically equal gains and losses.
October 23, 2008
Meteorologists Agree: Baby, it’s Cold Outside
Most of the folks in the Lower 48 states apparently won’t be reaching for their flip-flops and suntan lotion anytime soon. Salomon Smith Barney meteorologist Jon Davis warned the “WINTER IS NOT OVER!” last week and a number of other weather forecasters agreed.
March 3, 2003
Meteorologists Agree: Baby, it’s Cold Outside
It appears that most of the Lower 48 states will not be reaching for their flip-flops and suntan lotion anytime soon as a number of weather forcasting agencies are calling for winter weather to go on, and on, and on. While pointing out that the storm now approaching the East will not be as fierce as the President’s Day “city storm,” Salomon Smith Barney meteorologist Jon Davis warned “WINTER IS NOT OVER!”
February 25, 2003
First of 10 New Peaking Plants Opens in California
Continuing his nonstop photo opportunities to flip the switches on new electric generation sources, Gov. Gray Davis Monday opened the 90 MW Larkspur Energy Project, built by InterGen and billed as the largest natural gas-fired power plant to come on-line in San Diego in more than 40 years. InterGen also signed an 11-year contract with the state for the plant’s output.
July 17, 2001
Oregon Utilities Do Flip Flop on Rate Requests
The same day that Avista Corp.’s utility affiliate filed arequest for a natural gas price adjustment with the Oregon PublicUtility Commission, the state’s largest provider, Portland GeneralElectric, rescinded its own request last week for a 17.1% rate hikethat would have taken effect next month.
December 25, 2000
Oregon Utilities Do Flip Flop on Rate Requests
The same day that Avista Corp.’s utility affiliate filed arequest for a natural gas price adjustment with the Oregon PublicUtility Commission, the state’s largest provider, Portland GeneralElectric, rescinded its own request for a 17.1% rate hike thatwould have taken effect next month.
December 22, 2000
Sumas Price Spike May Signal New Trend
A steep price spike highlighted a lasting change in natural gasprices at Sumas, the Washington state entry point for exports fromBritish Columbia, say Canadian producers and marketers.
December 28, 1998
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