Reversal

Enbridge Pipe Reversal to Deliver U.S. Shale Oil to Canadian Refineries

After capturing a healthy and growing share of Canadian natural gas consumption with shale production from the United States, exploration and production companies are poised to repeat the feat in oil markets.

August 12, 2013

‘Energy Matters Profoundly’ to U.S. Security, Says Top Obama Aide

The reversal of fortune in U.S. natural gas and oil reserves has improved energy security and given the country more leverage around the world, President Obama’s National Security Advisor Tom Donilon said last week.

April 29, 2013

‘Energy Matters Profoundly’ to U.S. Security, Says Top Obama Aide

The reversal of fortune in U.S. natural gas and oil reserves has improved energy security and given the country more leverage around the world, President Obama’s National Security Advisor Tom Donilon said Wednesday.

April 25, 2013

Texas Was an Oil Barn Burner Again Last year

Texas producers boosted crude oil production for the third straight year in 2012, lifting statewide output by nearly 100 million bbl to 604 million bbl, according to the year-end report issued by the economist who compiles the monthly Texas Petro Index.

January 29, 2013

Nearly All Points Higher; Futures Rebound After Lower-Than-Normal Storage Build

Cash prices gained and futures managed a reversal following news of a storage build that was larger than many industry experts were expecting, but much smaller than historical comparisons for the week.

July 13, 2012

Correction

In the article “TransCanada: Marcellus-Backed Flow Reversal Is Inevitable” (see NGI, Feb. 27), NGI incorrectly stated that Union Gas is working on plans for a new import route from New York State to its Dawn storage and trading hub in southern Ontario. Union Gas in fact has no plans for a competitive pipeline with an import route from New York State to Dawn. The company says it has discussed the need for an expansion of pipeline capacity east of Parkway to Maple to relieve a transportation bottleneck on this corridor, and it continues to believe an expansion of this path is required. NGI regrets the error.

March 12, 2012

Correction

In the article “TransCanada: Marcellus-Backed Flow Reversal Is Inevitable” (see Daily GPI, Feb. 27), NGI incorrectly stated that Union Gas is working on plans for a new import route from New York State to its Dawn storage and trading hub in southern Ontario. Union Gas in fact has no plans for a competitive pipeline with an import route from New York State to Dawn. The company says it has discussed the need for an expansion of pipeline capacity east of Parkway to Maple to relieve a transportation bottleneck on this corridor, and it continues to believe an expansion of this path is required. NGI regrets the error.

March 7, 2012

West Rallies, East Softens, Zone 4-Line 300 Soars

Monday’s market was a near-reversal of weekend pricing, with warming trends pushing most eastern points lower and the return of sub-freezing lows in the Rockies along with general western cooling trends causing that regional market to rebound. Friday’s futures spike of 15.9 cents and the return of industrial load from its weekend decline also helped spur western gains, although they were unable to stem overall eastern softening.

November 1, 2011

Most Prices Higher, But Cooling Northeast Plunges

In a general reversal from the previous day, Northeast citygates plummeted Thursday while nearly all of the rest of the market recorded sizeable upticks. Heat levels were due to stay high from the desert Southwest through the Midcontinent and South into the Mid-Atlantic. And it wasn’t much, but a 1.6-cent futures increase a day earlier provided a wee bit of support.

June 10, 2011

Cash Points Continue Week’s Trend of Back and Forth Pricing

Continuing the week’s cycle of seesaw trading that saw virtually across-the-board higher prices Monday followed by a reversal lower on Tuesday, nearly the entire natural gas cash market Wednesday for Thursday delivery showed upticks.

March 17, 2011
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