Saturday

Outgoing New York Gov. David Paterson took the high road on Saturday, vetoing a bill that would have codified into law a moratorium on hydraulic fracturing (fracking) in the state through May 15, and at the same time extending until July 1 a deadline for the state’s Department of Environmental Conservation (DEC) to prepare a supplemental generic environmental impact statement (SGEIS).

Southern said Friday its market-area forecast called for warmer temperatures Saturday “and then turning dramatically colder for Sunday and even colder into [this] week.” It was extremely likely that storage withdrawal requirements would exceed system capability coming out of the weekend, Southern said, so an OFO Type 6 for short imbalances will take effect Monday until further notice. Tiered penalties will apply to negative daily imbalances exceeding 2% or 200 Dth, whichever is greater. Southern added that it will not be accepting nominations for due-shipper imbalance makeups and will evaluate on each scheduling cycle nominations for interruptible services that rely on storage withdrawals.

Pacific Gas and Electric declared a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Saturday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

Natural gas at $11/Mcf is “kind of like a Saturday night drunk,” Devon Energy Corp. Chairman Larry Nichols said last week. “It may feel good at the time,” but it isn’t sustainable.

Natural gas at $11/Mcf is “kind of like a Saturday night drunk,” Devon Energy Corp. Chairman Larry Nichols said Tuesday. “It may feel good at the time,” but it isn’t sustainable.

Florida Gas Transmission kept an Overage Alert Day, implemented Friday, in place through Saturday before ending it Sunday.

Tennessee lifted Sunday a systemwide OFO Action Alert that it had implemented Saturday to control positive imbalances.

Citing limited operational flexibility and mild weather, Tennessee said a systemwide OFO Action Alert will take effect Saturday for all Balancing Parties. Penalties will apply to all such parties who exceed a positive daily imbalance tolerance of 2% of scheduled quantities or 500 Dth, whichever is greater. “In the event the OFO Action Alert is not sufficient to maintain the operational integrity of the system, Tennessee may issue a Critical Day or an OFO Balancing Alert,” the pipeline said.

Citing limited operational flexibility and mild weather, Tennessee said a systemwide OFO Action Alert will take effect Saturday for all Balancing Parties. Penalties will apply to all such parties who exceed a positive daily imbalance tolerance of 2% of scheduled quantities or 500 Dth, whichever is greater. “In the event the OFO Action Alert is not sufficient to maintain the operational integrity of the system, Tennessee may issue a Critical Day or an OFO Balancing Alert,” the pipeline said.