With freezing temperatures forecast for northern Florida Monday night, Florida Gas Transmission (FGT) notified market-area customers that it was issuing an Overage Alert Day for Monday with a 15% tolerance on negative daily imbalances. Noting that on Nov. 1 FGT had begun maintenance on the Citronelle FGT and Citronelle Transco interconnects between FGT Stations 10 and 11, FGT now expects to finish the work on Jan. 31; until then zero volumes are being scheduled at the interconnects. Total operational capacity there is 400,000 MMBtu/d, but during normal operations up to slightly above 300,000 MMBtu/d is scheduled. See the bulletin board for a list of affected area points.
Issuing
Articles from Issuing
House Caucus Calls on Interior to Back Off from Hydrofracking Rules
At least until the Environmental Protection Agency completes its 2010-2012 study on hydraulic fracturing.
Transportation Notes
Citing high temperatures in the 90s forecasted for Florida and low linepack, Florida Gas Transmission told market-area customers it was issuing an Overage Alert Day Friday at 10% tolerance for negative daily imbalances.
Transportation Notes
After ending a one-day high-inventory OFO on its California Gas Transmission system Sunday, Pacific Gas and Electric went the other way in issuing a systemwide Stage 2 low-inventory OFO for Wednesday. Noncompliance penalties of $1/Dth were set for exceeding a 5% tolerance on negative daily imbalances.
CFTC Meets Thursday to Consider Position Limits Rule
The Commodity Futures Trading Commission (CFTC) said it will hold a public meeting Thursday (Jan. 14) to consider issuing a much-anticipated proposed rule on energy position limits and hedge exemptions on regulated futures exchanges, derivatives transaction execution facilities and electronic trading facilities.
CFTC to Meet Next Week on Position Limits Rule
The Commodity Futures Trading Commission (CFTC) said it will hold a public meeting Thursday (Jan. 14) to consider issuing a proposed rule on energy position limits and hedge exemptions on regulated futures exchanges, derivatives transaction execution facilities and electronic trading facilities.
Transportation Notes
Citing lows in the 30s and 40s that had moved into Florida, Florida Gas Transmission notified market-area customers that it was issuing an Overage Alert Day for Monday with 25% tolerance for negative daily imbalances.
Transportation Notes
Due to cold weather in its service area, MRT is issuing a System Protection Warning (SPW) effective Tuesday until further notice. See the bulletin board for SPW conditions.
Transportation Notes
After issuing high-inventory OFOs last week, Pacific Gas & Electric declared systemwide Stage 2 low-inventory OFOs for Monday and Tuesday on its California Gas Transmission system, setting penalties of $1/Dth for noncompliance with a 5% tolerance on negative daily imbalances each day.
Transportation Notes
Due to predictions of Florida temperatures in the mid 90s, Florida Gas Transmission told market-area customers it was issuing an Overage Alert Day Wednesday with 25% tolerance for negative daily imbalances.