The current weakness in natural gas prices and the commodity’s de-linking from crude oil is due to more than just a cool summer, according to a New York, NY-based independent research firm.
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Research Firm: Gas Price Slide Not Just Due to Cool Weather; Sees $4-$5 Gas in Fall
The current weakness in natural gas prices and the commodity’s de-linking from crude oil is due to more than just a cool summer, according to a New York, NY-based independent research firm.
Connecticut AG’s Campaign Endangers Long Island Power Consumers
The drive by the Connecticut Attorney General to keep the new 24-mile, 330 MW underwater cable system linking Connecticut to Long Island from going into operation on Monday could jeopardize power reliability on Long Island during the hottest part of the summer.
FERC Conditionally OKs Neptune Transmission Project
The Northeast moved a step closer to getting a major new power transmission line, linking surplus generation in Maine and Atlantic Canada with rapidly growing demand in Boston, New York and the Mid Atlantic region. FERC last Wednesday conditionally approved the transmission project filed by Neptune Regional Transmission System LLC consisting of several thousand miles of undersea high-voltage direct transmission. Among other things, the Commission said that its approval was contingent upon Neptune joining the Northeastern regional transmission organization (RTO).
Coral and Pemex Team Up on Border Crossing Pipeline
Coral Energy and Mexico-based Petroleos Mexicanos (Pemex) completed their 104-mile pipeline linking the Pemex pipeline system at Arguelles in the Mexico state of Tamaulipas with Coral’s pipeline system on the King Ranch in South Texas.