While the waters are calm now, some North American natural gas pipelines could face rough sailing as transportation capacity pricing power is eroded by new development and long-term contracts roll off, according to an analysis by Moody’s Investors Service.
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Moody’s: Basis Collapse, Low Prices Could Weaken Some Pipelines
While the waters are calm now, some North American natural gas pipelines could face rough sailing as transportation capacity pricing power is eroded by new development and long-term contracts roll off, according to an analysis by Moody’s Investors Service.
Futures Falter; Opinions Differ on Next Price Move
After sailing 27.5 cents higher in a three-day price advance last week, natural gas futures hit the buying doldrums Friday as traders elected to liquidate new positions rather than go home for the weekend long and risk an adverse price move Monday. The dissipation of Tropical Depression 2 prompted a mammoth 4-cent gap lower open and the August contract never recovered, closing 17.8 cents lower for the day at $3.25. Estimated volume was relatively light as only 52,913 contracts changed hands.
NERC Predicts Smooth Sailing This Winter
With 5,900 MW of new mostly gas-fired generation capacity comingonline this winter across the United States, the North AmericanElectric Reliability Council concluded in its latest WinterAssessment that “electric resources will be adequate” to meetprojected electricity demand.
NERC Predicts Smooth Sailing This Winter
With 5,900 MW of new mostly gas-fired generation capacity comingonline this winter across the United States, the North AmericanElectric Reliability Council concluded in its latest WinterAssessment that “electric resources will be adequate” to meetprojected electricity demand.
Lobsters v. Gas & Oil on Georges Bank
International gas producers are sailing into a political stormas they pursue their next drilling target off the East Coast, theCanadian half of Georges Bank between Nova Scotia and New England.Three wholly-owned arms of senior U.S. gas suppliers — TexacoCanada, Chevron Canada and Amoco Canada — are out to persuadeCanadian federal and provincial authorities to let a moratorium onresource exploration on Georges expire.
Special Feature : Lobsters V. Oil/Gas on Georges Bank
International gas producers are sailing into a political stormas they pursue their next drilling target off the East Coast, theCanadian half of Georges Bank between Nova Scotia and New England. Three wholly-owned arms of senior U.S. gas suppliers – TexacoCanada, Chevron Canada and Amoco Canada – are out to persuadeCanadian federal and provincial authorities to let a moratorium onresource exploration on Georges expire.
TransCanada, Nova Merger Clears Hurdles
As expected following the landmark gas accord in Canada in thefirst week of April, it has been smooth sailing for the merger ofTransCanada and Nova Corp. The Alberta Energy and Utilities Boardgave its blessing to the deal this week. And the companies said theCanadian Competition Bureau has completed its review of thetransaction without requesting alterations.