Lightening

With freezes expected to penetrate much of the South Wednesday night and not lightening up much Thursday, there was plenty of cold weather to go around in sending cash prices skyrocketing Wednesday. Triple-digit gains were recorded across the board, and several points soared by $3 or more. The impact on NGI’s Daily Cash Market price chart was significant, with $9 and $10 readings replacing the $7 and $8 marks that dominated trading Tuesday.

A start has been made on lightening the long shadow cast on the future of Canadian natural gas supplies by rapid development of the northern Alberta oilsands with the arrival of the first example of new technology aimed at tapping alternative fuel sources.

A start has been made on lightening the long shadow cast on the future of Canadian natural gas supplies by rapid development of the northern Alberta oilsands with the arrival of the first example of new technology aimed at tapping alternative fuel sources.

Transwestern’s Bloomfield Compressor Station was hit bylightening at about 9 p.m. Sunday. The station is down, and damageis being evaluated. The outage affects 150,000 MMBtu/d.