Incrementally

February natural gas futures staged a double-digit advance Wednesday as traders factored in incrementally colder forecasts in the 11- to 15-day period shown by popular weather models. At the close February futures rose 13.6 cents to $4.561 and March added 13.0 cents to $4.576. February crude oil fell 52 cents to $90.86/Bbl.

Although no new nuclear power plants have come online in the United States since 1996, capacity continues to grow incrementally as operators refurbish existing units and minimize refueling outages. The additional capacity impacts gas-fired generating units as they typically are the marginal source of power, analysts at Barclays Capital noted.

Although no new nuclear power plants have come online in the United States since 1996, capacity continues to grow incrementally as operators refurbish existing units and minimize refueling outages. The additional capacity impacts gas-fired generating units as they typically are the marginal source of power, analysts at Barclays Capital noted.

Williams, already the biggest operator in the Piceance Basin of Colorado, will incrementally add drilling rigs to its operations beginning late this year, the company said last week. The increased development is scheduled after Williams completes a $258 million bolt-on acquisition from a private company.

Williams plans to incrementally add drilling rigs to its Piceance Basin operations beginning late this year once it completes a bolt-on acquisition from a private company, the company said Monday. The properties, which Williams will buy for $258 million, hold an estimated 795 Bcfe of net reserves.

FERC yesterday awarded Florida Gas Transmission (FGT) a certificate to incrementally expand its existing 1.7 Bcf/d natural gas transportation system to 2.1 Bcf/d.

Market Hub Partners L.P., a division of Duke Energy GasTransmission, yesterday asked FERC for the go-ahead toincrementally expand its natural gas storage facility in Egan, LA,by 4 Bcf.