Main

A bygone era of fierce economic independence is fading into history as Canada’s main natural gas-producing province, acting in the name of industrial efficiency, quietly allows a once-unthinkable transfer of jurisdiction to the federal government.

Unless the price of natural gas falls sharply, New England likely will depend heavily on it as the main fuel for electricity production for the next 20 years, according to an analysis issued on Thursday by ISO New England.

Unless the price of natural gas falls sharply, New England likely will depend heavily on it as the main fuel for electricity production for the next 20 years, according to an analysis issued Thursday by ISO New England.

With their backs to the wall, the three main North Slope producers are not likely to withhold their vast reserves of Alaskan gas from a pipeline going south to market because they could be accused of antitrust behavior, and it would work against the interest of their shareholders to pass up the opportunity to monetize stranded gas, an executive of MidAmerican Energy Holdings Co. told Alaska legislators Thursday.

A new contender has stepped forward to help complement the ever dwindling conventional natural gas supplies in the main Canadian producing province of Alberta — coal gasification, on a large scale.

McMoRan Exploration Co. last Thursday said that it received final approval for its proposed liquefied natural gas (LNG) deepwater project — the Main Pass Energy Hub (MPEH) — to be located offshore Louisiana.

McMoRan Exploration Co. said Thursday that it received final approval for its proposed liquefied natural gas (LNG) deepwater project — the Main Pass Energy Hub (MPEH) — to be located offshore Louisiana.

ANR said late Friday it had returned the 22-inch diameter line between Main Line Valves 82 and 83 in Cass County, MI to service. The 24-inch diameter line in the same segment remains isolated until further notice while ANR continues inspection and repairs on it due to a force majeure event arising from third-party damage (see Daily GPI, Dec. 21). Restoring service on the 22-inch line allowed ANR to raise the capacity of Bridgman East CFTP to 1,091 MMcf/d; with both lines out the capacity had been limited to 650 MMcf/d. However, based on current nominations, the pipeline still anticipates that the larger capacity may result in curtailment of nominations associated with Firm Secondary and IT services through Bridgman East CFTP.

Wednesday’s futures increase of nearly a quarter, extending a rally into its fourth day, was the main ingredient in the recipe for rising prices at almost all points Thursday, but a dash of heating load in parts of the northern market areas along with a pinch of remaining cooling load from the western end of the South though the desert Southwest also were part of the mix.