Possibly a little perplexed from the recent back-and-forth swings in natural gas futures values, traders on Monday kept the May contract in a tight range between $4.174 and $4.313 before it closed out the regular session at $4.262, up half of a penny.
Kept
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Transportation Notes
Southern California Gas kept a high-linepack OFO that had been implemented Saturday in effect through Sunday before ending it Monday.
Futures Tread Water as Traders Debate Next Move
Possibly a little perplexed from the recent back-and-forth swings in natural gas futures values, traders on Monday kept the May contract in a tight range between $4.174 and $4.313 before it closed out the regular session at $4.262, up half of a penny.
Transportation Notes
Southern California Gas kept a high-linepack OFO that had started Wednesday in effect through at least Saturday. Unlike the previous two days in which it had not announced the OFO extension until the afternoon, shippers were notified by e-mail early Friday morning about the Saturday OFO.
Transportation Notes
Southern California Gas kept a high-linepack OFO that had started Wednesday in effect through at least Saturday. Unlike the previous two days in which it had not announced the OFO extension until the afternoon, shippers were notified by e-mail early Friday morning about the Saturday OFO.
Transportation Notes
Southern California Gas kept a high-linepack OFO in effect through the weekend and into at least Tuesday.
Transportation Notes
Southern California Gas kept a high-linepack OFO in effect through the weekend and into at least Tuesday.
Transportation Notes
Southern California Gas kept a high-linepack OFO in effect through Sunday, then allowed it to lapse Monday. However, on Monday afternoon the company reinstated the OFO for Tuesday. SoCalGas also said it had lost 60 MMcf/d of injection capacity at its Aliso Canyon storage facility Monday, declaring force majeure due to a need for repairs to Generator #1’s oil pump. The reduction is expected to last through next Monday.
Transportation Notes
Southern California Gas kept a high-linepack OFO in effect through Sunday, then allowed it to lapse Monday. However, on Monday afternoon the company reinstated the OFO for Tuesday. SoCalGas also said it had lost 60 MMcf/d of injection capacity at its Aliso Canyon storage facility Monday, declaring force majeure due to a need for repairs to Generator #1’s oil pump. The reduction is expected to last through next Monday.
Transportation Notes
Tennessee lifted Saturday a Critical Day 1 OFO for its farthest upstream Zone 0, and ended the same OFO for all other zones Sunday.