Water supplies affected by last Saturday’s crude oil spill of up to 50,000 gallons along the Yellowstone River in Montana were deemed to be meeting federal safe drinking water standards as of Friday, the state Department of Environmental Quality (DEQ) said.
Friday
Articles from Friday
Dozens of Anti-Frack Protesters Arrested at FERC Headquarters
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.
Weather Bulls Get a Treat; December Called 10 Cents Higher
December natural gas is expected to open 10 cents higher Friday morning as a shift to cooler temperatures was noted for both East and West Coast population centers. Overnight oil markets skidded.
Cause Identified for EOG NatGas Tank Fire
On a preliminary basis, the federal Occupational Safety and Health Administration (OSHA) has determined that an electric arc may have sparked a flash fire that killed a maintenance worker at a natural gas storage tank in Wyoming. Investigations continued at the site on Friday.
New England Leads All Points Lower; Futures Firm on EIA Data
Spot natural gas for Friday delivery continued to work lower in Thursday’s trading as the market was pressured by myriad forces. New England recorded the biggest drops as a warming trend was expected to bring Boston to above normal temperatures by the weekend, and the West Coast softened as the Pacific Northwest hydro situation improved.
New England Maintains Recent Cash Strength; Futures Post Fourth Straight Gain
Prices for natural gas to be delivered Friday were mostly quiet outside of the East, where multi-dollar drops in some locations were met by muti-dollar gains at some New England spots. A majority of points around the country managed to tack on a couple of pennies.
Overall Balance Counters Weak Marcellus; Futures Erase Early Losses
Natural gas prices for physical delivery Friday on average were unchanged in Thursday’s trading. Factor out the extreme low prices at just a couple of Marcellus points burdened by a lack of infrastructure and the physical market on average gained a couple of pennies.
Overall Balance Offsets Weak East; Futures Notch One-Month High
Natural gas prices for Friday delivery overall on average shed a penny Thursday. Traders generally elected to get their deals done before the typically volatile futures trading associated with the release of morning storage report.
Whiting Eyes Ramp Up in Niobrara, Bakken
Denver-based Whiting Petroleum Corp. officials said Friday they expected to greatly ramp up production in both the Bakken and Niobrara shale plays later this year as they reported production for the second quarter that was up substantially from the same period in 2012.
Marcellus Shale Coalition CEO Klaber Resigning
Kathryn Klaber, who has helmed the industry-led Marcellus Shale Coalition (MSC) as CEO for almost four years, is stepping down, she said Friday.