Minimum

Taking some time off following last week’s trading rampage, April natural gas futures on Monday kept their movement to a minimum. Last week, April natural gas futures went for a run, settling 72.8 cents higher on Friday than the previous week’s settle.

Northern Natural Gas said it called a System Overrun Limitation for all market zones Saturday due to forecasts of minimum temperatures below zero in all zones.

Citing forecasts of subzero minimum temperatures, Northern Natural Gas declared a System Overrun Limitation day notice for Thursday in all market-area zones (ABC, D and E/F).

Due to below-zero minimum temperatures spreading to all of its market area zones, Northern Natural Gas is applying a System Overrun Limitation day notice that previously had been confined to Zone E/F to all three zones (ABC, D and E/F) Wednesday.

Due to below zero minimum temperatures in its Zone E/F service area, Northern Natural Gas declared a System Overrun Limitation day for Saturday in that zone.

Columbia Gas notified FSS (Firm Storage Service) customers that it has waived for February a section of the rate schedule requiring a 10% minimum withdrawal of their SCQ (Storage Contract Quantity).

In an effort to restore price certainty in the markets, FERC at a minimum should implement standards requiring jurisdictional companies to show the agency that the natural gas price indexes referenced in their tariffs and contracts are reliable, said Commissioner William Massey last Wednesday.

In an effort to restore price certainty in the markets, FERC at a minimum should implement standards requiring jurisdictional companies to show the agency that the natural gas price indexes referenced in their tariffs and contracts are reliable, said Commissioner William Massey Wednesday.

Projecting that its linepack would be below minimum target levels through Friday, Pacific Gas & Electric issued a customer-specific OFO for Wednesday.