Further

Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.

Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.

FERC Wednesday partially approved Northern Natural Gas pipeline’s request to extend its storage field buffer zone in Kansas to prevent the further migration of gas away from its field.

In an effort to further improve price transparency in natural gas markets, FERC last Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually.

In an effort to further improve price transparency in natural gas markets, FERC Thursday issued a new rule requiring intrastate gas pipelines involved in interstate services and Hinshaw pipelines to report more transportation and storage transaction data than they currently do and to do so four times annually. A pipeline is deemed a Hinshaw line if the interstate gas its transports is received and consumed within the boundary of the same state.

Weather forecasts, while cooling a bit further in the Midwest and beating a temperature retreat in the Northeast, certainly were still too moderate in most cases to explain small price increases at most locations Wednesday. It could only be concluded that the previous day’s relatively paltry 3.1-cent gain by May futures and storage buyers grabbing at what looked like bargain gas — for now — was behind the mild rally.

Weather forecasts, while cooling a bit further in the Midwest and beating a temperature retreat in the Northeast, certainly were still too moderate in most cases to explain small price increases at most locations Wednesday. It could only be concluded that the previous day’s relatively paltry 3.1-cent gain by May futures and storage buyers grabbing at what looked like bargain gas — for now — was behind the mild rally.

Tuesday’s cash market bore a resemblance to the one preceding it in that all points achieved further gains, and most of them were strong. However, the Western Canada locations of Empress and AECO C failed to surpass the dime level, preventing a second day of solid double-digit advances.

Tuesday’s cash market bore a resemblance to the one preceding it in that all points achieved further gains, and most of them were strong. However, the Western Canada locations of Empress and AECO C failed to surpass the dime level, preventing a second day of solid double-digit advances.