Although you couldn’t tell from rapidly depleting gas storagelevels or lofty gas prices, this winter turned out to be thewarmest on record for the United States, according to a report bythe National Oceanic and Atmospheric Administration. And it was thethird winter in a row in which record warmth cooked the UnitedStates.
Articles from Rapidly
Florida Gas Transmission Company (FGT) proved yesterday that it’snot going to give up its monopoly access to the rapidly growingFlorida market without a fight. The Citrus Corp. subsidiary filed itssecond pipeline expansion application with FERC in a year in anattempt to head off competition from several proposed greenfieldpipelines, including Williams Companies’ Buccaneer project, Coastal’sGulfstream pipeline and Duke Energy’s Sawgrass project (see Daily GPI,July 12,Oct. 1 and Oct. 15).
TransCanada PipeLines has announced an agreement with the Government of the Northwest Territories (GNWT) to build a direct connection between the rapidly developing reserves in the southern part of the territories and the TransCanada mainline.
TransCanada PipeLines has announced an agreement with theGovernment of the Northwest Territories (GNWT) to build a directconnection between the rapidly developing reserves in the southernpart of the territories and the TransCanada mainline.
A run-up in citygate prices in the Northeast that had startedlate Wednesday afternoon was falling back rapidly by middayThursday, but not before some buyers had paid more than $3 intoTransco Zone 6-New York City. A trader reporting $3.00-$3.25 salesfor Zone 6-NYC said he had received a late offer of $2.65. TexasEastern M-3 numbers also were coming off hard, another source said.
The nation’s largest municipal electric utility is rapidlyincreasing its participation in robust wholesale energycompetition, although as a government-run entity it is not directlya part of California’s ongoing restructuring of electricity andnatural gas. In the fiscal year just ended, the Los AngelesDepartment of Water and Power did about $110 million in wholesaleenergy deals, according to department sources, including one of itsbiggest natural gas contracts ever for more than 6 Bcf of suppliescovering the next six months.