With portions of the Northeast still digging out from a weekend blizzard and another large winter storm looming over the Upper Midwest, Andover, MA-based WSI Corp. released a forecast on Monday — the first official day of winter — calling for temperatures across almost all of the country to average cooler than normal from January to March.
Storm
Articles from Storm
Merchant Generators Feel Pinch of Low Gas Prices
It is a perfect storm of conflicting economic supply/demand winds in the North American natural gas markets that is fouling the immediate futures of many independent electric generators, and the credit ratings of some of the merchant power firms are suffering, according to an industry report released last Thursday by Standard & Poor’s Ratings Services (S&P), “U.S. Power Merchants Continue to Suffer from Low Natural Gas Prices.”
November 12, 2009
Softness Continues to Dominate, But Losses Are Smaller
With the Gulf of Mexico production outages from Tropical Storm Ida having already been discounted by the cash market Monday, it was no surprise that the remaining tropical depression was no price-booster Tuesday. However, continuing modest cooling trends in several regions, along with the previous day’s December futures increase of 7.5 cents, were enough to keep most of Tuesday’s losses minimal and result in more gains than a day earlier.
November 11, 2009
Transportation Notes
Partly as a result of Tropical Storm Ida impacting some receipt points on its system, Florida Gas Transmission issued an Overage Alert Day for market-area customers Monday, noting that linepack was low and highs in the mid 80s were forecast for Florida. The tolerance for negative daily imbalances was set at 15%.
November 10, 2009
Senate Panel: Climate Change Could Create Security Crisis
The effects of global climate change, including severe droughts, excessive sea level rise, erratic storm behavior, deteriorating glaciers, pestilence and shifts in agriculture ranges, could increase instability and lead to conflict in already fragile regions of the world, witnesses said during a hearing of the Senate Committee on Foreign Relations in Washington, DC, last Tuesday.
July 27, 2009
Climate Change Seen as Global ‘Threat Multiplier’
The effects of global climate change, including severe droughts, excessive sea level rise, erratic storm behavior, deteriorating glaciers, pestilence and shifts in agriculture ranges, could increase instability and lead to conflict in already fragile regions of the world, witnesses said during a hearing of the Senate Committee on Foreign Relations in Washington, DC, on Tuesday.
July 23, 2009
Insurer: Economy Raises Hurricane Stakes
The economic storm that has ravaged U.S. credit markets and driven down commodity prices could exacerbate the economic fallout of any hurricanes that bedevil the energy sector this year in the Gulf of Mexico, an executive with insurance firm Marsh & McLennan Companies Inc. said last Thursday.
June 1, 2009
Insurance Executive: Economy Could Worsen Hurricane Fallout
The economic storm that has ravaged U.S. credit markets and driven down commodity prices could exacerbate the economic fallout of any hurricanes that bedevil the energy sector this year in the Gulf of Mexico, an executive with insurance firm Marsh & McLennan Companies Inc. said Thursday.
May 29, 2009
Southern Union Beats Expectations, Still Paying for Hurricane Ike
Southern Union Co. weathered the storm of lower realized commodity prices from the company’s gathering and processing segment to post 1Q2009 adjusted net earnings that beat analyst’s estimates.
May 12, 2009
Moody’s Sees LDCs, Pipelines ‘Stable’ Through the Downturn
While other industries founder on the economic rocks, natural gas transmission and distribution (T&D) companies are riding out the storm, according to Moody’s Investor’s Service, which sees the industry as “stable” for the next 12 to 18 months.
March 16, 2009
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