Shaved

Futures Return to $4 on Weak Fundamentals, Surrounding Markets

Natural gas futures on Friday declined for the fourth consecutive session as the June contract shaved another 7.1 cents to $4.035. For the week the prompt-month contract dropped 27.7 cents, or 6% of its value.

May 24, 2010

Mackenzie Valley Pipeline Project’s Costs, Environmental Impact Trimmed

An engineering review has shaved about 4% off forecast costs of the proposed Mackenzie Valley Pipeline and reduced its environmental footprint, the sponsors have told Canada’s National Energy Board.

December 12, 2005

Maritimes’ Canadian Cost of Service Lowered

Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.

October 2, 2000

Maritimes’ Canadian Cost of Service Lowered

Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.

September 29, 2000