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It’s been a little more than a week since the Intercontinental Exchange launched online energy trading among member companies, and the site already has posted $1 billion in energy transactions, putting the new exchange immediately into the running among major energy e-trading sites. The company claimed its first full week of energy trading was highly successful, with growing participation and expanding trade volumes.

It’s been a little more than a week since the IntercontinentalExchange launched online energy trading among member companies, andthe site already has posted $1 billion in energy transactions.

Buoyed by cold weather in the Northeast U.S. and in sympathywith higher heating oil prices, natural gas futures checked higherin light holiday trading Monday as traders covered shorts initiatedin last week’s sell-off. At the closing bell the November contractwas 14.2 cents higher at $5.15.

Lacking little new input from weather or futures, the cashmarket decided to take it easy for the most part Tuesday. Flat toslightly higher pricing dominated in most areas, with most of thelarger gains of about a dime or more occurring at Rockies/San Juanpoints.

By springtime, the little old ladies and a few congressmen who have been fighting northeastern pipeline construction tooth and nail for the past few years may be screaming “where’s the gas” if prices spike to the levels expected.

There’s little doubt that pipeline capacity between the RockyMountain region and the Midcontinent is about to experience asignificant upgrade. In all, three large projects have surfaced,including one formally announced last week by Colorado InterstateGas (CIG).

There’s little doubt that pipeline capacity between the RockyMountain region and the Midcontinent is about to experience asignificant upgrade. In all, three large projects have surfaced,including one formally announced this week by Colorado InterstateGas (CIG).

The coming winter season should have little effect on thenatural gas supplies in New England, which, according to oneofficial, now has the “best supply portfolio” ever.

The coming winter season should have little effect on the natural gas supplies in New England, which, according to one official, now has the “best supply portfolio” ever.