Tuscarora Gas Transmission Co. wants to expand its 229-mile pipeline system extending from Malin, OR, to capture a growing Nevada market. Under an application filed with the Federal Energy Regulatory Commission, it would add three compressor stations and a 14-mile pipeline extension to nearly double capacity to 220 MMcf/d, up from its current 124 MMcf/d. The in-service date, if approved, would be late 2002.
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Williams Plans Washington Lateral
Williams is holding an open season to gather market interest in capacity on its proposed Gray’s Harbor Lateral in Thurston County, WA. The lateral, which would extend off of Northwest Pipeline’s mainline near Vail, is being designed primarily to serve a new electric generation plant in the Sarsop Development park near Elma, WA. The first 36 miles of the 48-mile line will parallel Northwest’s existing Olympia and McCleary laterals.
April 16, 2001
EIA Sees Continued Pressure on Spot Market
Only sharply higher-than-expected production performance or a sharper-than-anticipated downturn in industrial activity this year will prevent continued pressure on natural gas spot prices in the $4-$5 range, according to the Energy Information Administration’s Short-Term Energy Outlook for April 2001.
April 9, 2001
EIA Sees Continued Pressure on Spot Market
Only sharply higher-than-expected production performance or a sharper-than-anticipated downturn in industrial activity this year will prevent continued pressure on natural gas spot prices in the $4-$5 range, according to the Energy Information Administration’s Short-Term Energy Outlook for April 2001.
April 9, 2001
TransCanada to Expand Alberta/B.C.
Gathering TransCanada has received significant market interestfor a 227 MMcf/d expansion of its Nova Gas Transmission system and216 MMcf/d of its B.C. System. It will make the necessaryregulatory filings when it has the signed contracts in hand.
March 26, 2001
TransCanada to Expand Alberta/B.C.
Gathering TransCanada has received significant market interest for a 227 MMcf/d expansion of its Nova Gas Transmission system and 216 MMcf/d of its B.C. System. It will make the necessary regulatory filings when it has the signed contracts in hand.
March 26, 2001
Lehman Shaves Gas Price Forecast
Continuing weakness in the gas market due to a sharp drop indemand prompted Lehman Brothers to lower its gas price forecastsfor the first quarter and for the years 2001 and 2002. However, itmaintained its gas price forecast for 2003 and raised its crude oilprice forecasts.
March 19, 2001
Lehman Shaves Gas Price Forecast
Continuing weakness in the gas market due to a sharp drop indemand prompted Lehman Brothers to lower its gas price forecastsfor the first quarter and for the years 2001 and 2002. However, itmaintained its gas price forecast for 2003 and raised its crude oilprice forecasts.
March 14, 2001
EIA Sees Average Price of $4.73 in Face of Tight Supplies
Federal government prognosticators last week reported thatdemand for natural gas will slow considerably during 2001, but spotgas prices nevertheless are expected to remain lofty throughoutmuch of the year in the face of tight gas inventories.
March 12, 2001
Mild Softness Prevails; Cal Border Falls Nearly $10
While the Southern California border stepped up its headlongrush to rejoin the overall gas market and the other two Californiapoints saw big losses, all other points experienced only mildsoftness Wednesday. Only Texas Eastern-Kosciusko and two Northeastpoints (into Algonquin and Iroquois Zone 2) fell more than a dimeamong the non-California markets.
March 8, 2001
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