Seaboard

Cash prices continued to romp higher by another 15 cents Tuesday, led by weather-driven strength along the Eastern Seaboard. Large price gains typically seen on constrained New England pipelines such as Algonquin and Iroquois were also seen throughout the Northeast on Transco, Texas Eastern and Tennessee.

Williams Partners Transco Pipeline delivered a system-record volume of natural gas on Jan. 22 of 10.4 million Dth as gas demand and prices in Eastern Seaboard markets spiked amid bitterly cold temperatures.

Hurricane Sandy, which dealt a heavy blow to New York City and portions of the eastern seaboard, spared Spectra Energy Corp. operations in the area, company officials said during a conference call with analysts Thursday morning.

The outlook for takeaway capacity from the Marcellus Shale continued to brighten this week, with FERC approving three pipeline expansion projects — two requested by National Fuel Gas Supply Corp. and another by Texas Eastern Transmission — designed to feed Marcellus gas to Northeast markets.

A whale of an international power project Friday swam closer to construction along the Atlantic seaboard of Canada and the United States.

After inaugurating natural gas production in New Brunswick, a persistent pioneer of drilling on Canada’s Atlantic seaboard says early signs of an untapped fossil fuels mother lode have been found in eastern Quebec.

After inaugurating natural gas production in New Brunswick, a persistent pioneer of drilling on Canada’s Atlantic seaboard says early signs of an untapped fossil fuels mother lode have been found in eastern Quebec.

Northeast citygates saw big losses Tuesday following passage of the worst of the winter storm that has been ravaging the Eastern Seaboard in recent days, but prices were still rising in most of the rest of the market. Despite warming trends due to continue Wednesday from the Midwest through the Midcontinent and South, apparently enough heating load remained in the forecast to keep a majority of points firm.

The late winter storm that dumped snow Sunday night into Monday morning over much of the Eastern Seaboard was easily trumped by a fresh dose of bleak economic indicators, which helped to push April natural gas futures on Monday to close at $4.152, down 4.6 cents from Friday’s finish.