Enbridge Starts North Dakota System Expansion

Further punctuating the rapidness of the expansion in the Bakken Shale and Three Forks formations in North Dakota, Enbridge Energy Partners LP (EEP) began Friday to expand its takeaway capacity by 23,500 b/d in the area through reconfiguration of its system between Minot, ND, and Clearbrook, MN.

February 23, 2011

Futures Probe Lower as Storage Prognosticators Abound

Punctuating Monday’s 32.6-cent price slide, natural gas futures probed lower Tuesday, as traders initiated the session by demoting the market to its second straight gap-lower open. Prices shuffled lower throughout the morning, augmented by a boost of selling pressure, as the December contract broke beneath the $2.835 low from Oct. 24. However support held and the prompt month retraced a portion of those losses in the afternoon to close with a 4.2-cent loss at $2.88.

November 7, 2001