February natural gas gave up more than half of Friday’s gains Monday as traders cited a lack of cold weather capable of any kind of meaningful change in the storage surplus. At the close February had fallen 5.1 cents to $3.011 and March had skidded 4.8 cents to $3.050. February crude oil shed 25 cents to $101.31/bbl.
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PG&E Gets OK to Raise Some Pipeline Pressures
California regulators last Thursday gave Pacific Gas and Electric Co. (PG&E) approval to begin lifting pressure restrictions on some major natural gas transmission pipelines in the wake of last year’s San Bruno pipeline rupture and explosion.
December 19, 2011
PG&E Gets OK to Raise Some Pipeline Pressures
California regulators on Thursday gave Pacific Gas and Electric Co. (PG&E) approval to begin lifting pressure restrictions on some major natural gas transmission pipelines in the wake of last year’s San Bruno pipeline rupture and explosion.
December 19, 2011
Perryville Storage Project Approved by FERC
FERC last Tuesday gave Perryville Gas Storage LLC the go-ahead to expand its proposed salt dome storage facility and associated facilities, which are under construction in the Crowville Salt Dome in northeast Louisiana.
December 5, 2011
No Cold Seen in Key Markets; January Slumps
January natural gas gave back almost all of Tuesday’s 10.8-cent gain as traders see little in the way of near-term weather cold enough in key markets to have a material market impact. At the close January had retreated 8.3 cents to $3.550 and February shed 7.5 cents to $3.578. January crude oil closed over the century mark, posting a gain of 57 cents to $100.36/bbl.
December 1, 2011
FERC OKs Expansion of Perryville Storage Project
FERC Tuesday gave Perryville Gas Storage LLC the go-ahead to expand its proposed salt dome storage facility and associated facilities, which are under construction in the Crowville Salt Dome in northeast Louisiana.
November 30, 2011
FERC OKs Empire-Tennessee Interconnection in New York
FERC Friday gave Empire Pipeline Inc. the green light to place into service a major interconnection on its Tioga County Extension Project to transport Marcellus Shale production in Pennsylvania to the U.S.-Canadian border.
November 8, 2011
Transmission Project Gets Oklahoma Regulators’ Nod
The three-member Oklahoma Corporation Commission (OCC) on Friday gave public utility status for a regional $3.5 billion natural gas and wind power-related transmission project, calling it a means of making the oil/gas-dominated state a “literal powerhouse” for other states. Oklahoma’s action is just a very preliminary step for a project that has yet to outline its multi-state route eastward to Tennessee.
October 31, 2011
Pennsylvania Says Cabot Can Stop Delivering Dimock Water by Nov. 30
The Pennsylvania Department of Environmental Protection (DEP) has granted Cabot Oil & Gas Corp. permission to discontinue potable water deliveries to several Dimock Township residents by Nov. 30.
October 20, 2011
Philadelphia Joins Lawsuit Against DRBC
The Philadelphia City Council unanimously passed a resolution last Thursday directing the city to join a lawsuit against the Delaware River Basin Commission (DRBC) over Marcellus Shale natural gas drilling in the Delaware River Basin.
October 20, 2011
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