An abrupt lesson in a no-nonsense spirit guiding Canadian regulatory reform has been dealt out to environmental protesters and their political supporters. The National Energy Board (NEB) made an example of an attempt to inject green resistance into a pipeline toll case. The protest was rejected without NEB even seeking replies to an initial protest letter to the agency.
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Canadian Reforms Less Accommodating of Environmentalists
An abrupt lesson in a no-nonsense spirit guiding Canadian regulatory reform has been dealt out to environmental protesters and their political supporters.
Futures Break Below $5 on ‘Overwhelming’ Amount of Gas
Proving that it is unwise to say “never” when talking about commodity market price levels, traders were reminded of the valuable lesson Wednesday as February natural gas futures continued recording new lows and broke below $5 — a number that some traders and analysts thought would “never” be broken on this bear move. The prompt-month contract ended up putting in a $4.940 low before closing the regular session at $4.970, down 21.4 cents from Tuesday’s finish.