Federal government prognosticators this 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.
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Transportation Notes
A System Overrun Limitation is in effect today for all NorthernNatural Gas market area zones.
February 27, 2001
Weekend Price Drops Mostly Small Except in California
The swing market kept falling Friday, but outside of continuedtriple-digit plunges in California, the softness was generallymild. The Southwest basins and Rockies joined a few scatteredMidcontinent and Gulf Coast points in declines of about 15 cents ormore, but otherwise the downticks were about a dime or less.
February 26, 2001
Transportation Notes
Pacific Gas & Electric did not extend a customer-specificOFO beyond Wednesday.
February 22, 2001
Transportation Notes
Northern Natural Gas continued a System Overrun Limitation forall market areas that had begun Tuesday through at least today.
February 21, 2001
Transportation Note
Northern Natural reported a critical system overrun limitationfor all of its market area zones for today’s flow. DDVC penaltiesare applicable to the bumped shipper’s quantity.
February 16, 2001
Interest in Gas Reserve Revived on Capitol Hill
Rep. Tony Hall (D-OH) has introduced legislation to create anatural gas reserve to help stabilize the market during times oflow supply and high prices. The proposed reserve would be modeledafter the Strategic Petroleum Reserve (SPR) and the Northeast HomeHeating Oil reserve, the latter of which allows heating oilsupplies to be drawn down during times of tight supply.
February 12, 2001
Transportation Notes
Northern Natural Gas declared a System Overrun LimitationThursday for all market area zones.
February 9, 2001
Bill to Create Gas Reserve Introduced
Rep. Tony Hall (D-OH) has introduced legislation to create anatural gas reserve to help stabilize the market during times oflow supply and high prices. The proposed reserve would be modeledafter the Strategic Petroleum Reserve (SPR) and the Northeast HomeHeating Oil reserve, the latter of which allows heating oilsupplies to be drawn down during times of tight supply.
February 6, 2001
Transportation Notes
Northern Natural Gas did not extend a System Overrun Limitationfor all market areas beyond Friday.
January 22, 2001
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