Canada’s arctic gas project has been served with a frosty reminder that it’s struggle with northern natives still isn’t over. The last aboriginal holdouts against the $7 billion (US$6 billion) Mackenzie Gas Project have taken their case to court for the second time in two years.
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Prices Mostly Flat to Higher, as Some Cold Remains
Last week’s reminder that winter actually can be quite cold at times (a fact that some traders might have forgotten during yet another mild heating season) was starting to fade as scheduled Friday in parts of the East, but severe weather was either tightening or reasserting its grip from the Rockies through the Midcontinent/Midwest. The result was mildly higher weekend pricing in the still-frigid regions, while flatness prevailed in most of the rest of the market. Northeast and Florida citygates sustained the only significant losses as they continued retreating from midweek spikes.
Chevron Finds Whopper Well in NW Territories
With a stunning drilling success Chevron Canada Resources Ltd.has delivered a sharp reminder to skeptics about the natural gasresources north of the U.S. border.
Chevron Finds Whopper Well in NW Territories
With a stunning drilling success Chevron Canada Resources Ltd.has delivered a sharp reminder to skeptics about the natural gaspower north of the U.S. border.