Except for flat to slightly higher numbers in Western Canada and El Paso’s Bondad pool, prices continued to slip at nearly all points Friday. Cooling load remained fairly high throughout most of the southern third of the U.S., but that was overcome by forecasts of little more than warm weather in northern market areas, the previous day’s drop of 6.8 cents by September futures and the usual weekend decline of industrial demand.
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Articles from Pool
Canadian NGX Adds U.S. Clearing Points
Canada’s Natural Gas Exchange (NGX) on June 8 launched four new major clearing points in the U.S. at the SoCal Citygate, NNG Ventura, ANR SE pool, and Tennessee 800L, along with three additional smaller points in Canada.
Canadian NGX Adds U.S. Clearing Points
Canada’s Natural Gas Exchange (NGX) on June 8 launched four new major clearing points in the U.S. at the SoCal Citygate, NNG Ventura, ANR SE pool, and Tennessee 800L, along with three additional smaller points in Canada.
Saxon Oil Subsidiary Forms Kansas Gas Gathering Joint Venture
In an effort to pool Kansas natural gas gathering assets while also looking to produce gas within the state, Saxon Oil Co. Ltd. said Tuesday its Central Kansas Gas Gathering (CKGG) subsidiary has signed a joint venture agreement with Mid Kansas Gas Gathering LLP (MKG) of Wichita, KS.
Northeast Spikes Lead Overall Price Advance
Northeast citygates skyrocketed Wednesday to as high as $23.50 at Transco Zone 6’s New York City pool in response to the approach of a major winter storm. The spikes in that region easily outpaced gains at nearly all other points as icy conditions continued to ravage the nation’s midsection and much of the previously balmy South prepared to get a return taste of winter Thursday.
Colorado Governor Adds Environmentalists, Landowners to O&G Commission
Colorado Gov. Bill Ritter has picked five new members for the Colorado Oil and Gas Conservation Commission (COGCC), fulfilling a campaign promise to increase and broaden the representation and pool of experience of the panel that oversees the state’s energy development.
Colorado Governor Adds Environmentalists, Landowners to O&G Commission
Colorado Gov. Bill Ritter has picked five new members for the Colorado Oil and Gas Conservation Commission (COGCC), fulfilling a campaign promise to increase and broaden the representation and pool of experience of the panel that oversees the state’s energy development.
SoCalGas Honors Actor, 4 Organizations for Energy Efficiency
As part of a means of raising the profile of the natural gas-related energy efficiency efforts in the state and a $10 million rebate pool now available, Southern California Gas Co. Tuesday will hold an Energy Efficiency Expo, giving out its first-ever “Energy Efficiency Champion Award” to actor Ed Begley Jr. and four awards for excellence to local businesses and government.
Milder Weather Trends Push Prices Lower
Only an advance of less than a dime by El Paso’s Bondad pool in San Juan Basin averted an across-the-board sweep of falling prices Friday. Quotes were pressured lower by dwindling heating load in the East, the previous day’s screen drop of 6 cents and the slump in industrial demand that typically accompanies a weekend trading period.
Transportation Notes
Transco said restrictions on pool scheduling tolerances and due-shipper imbalance make-ups, implemented Jan. 21, would be lifted effective Sunday (Jan. 30). Tolerances were to be restored from the 1% limit to the normal 4%, and due-shipper transactions would be allowed again. Transco said it also would begin accepting excess storage withdrawal requests under Rate Schedules GSS or WSS Sunday, but would not accept requests for additional loan activity or return of parked gas under Rate Schedule PAL.