In what could be a harbinger for a string of energy projects, the U.S. Environmental Protection Agency (EPA) has exempted a proposed 600 MW natural gas-fired electric generation plant in California from new federal emissions rules. The action follows a strong dressing down of EPA’s handling of the case by a judge in the U.S. District Court of the District of Columbia last Thursday.
String
Articles from String
Futures Erase Monday’s Gains to Close Just Above $4
Continuing the recent string of back-and-forth trading, January futures, fresh off Monday’s 17.1-cent gain, declined by 17.8 cents on Tuesday to $4.059.
One Point Left Out of Losses in Rest of Market
Virtually all points fell Wednesday following a string of July futures gains having come to an end a day earlier. Declines of power generation demand for air conditioning in some areas also contributed to the cash softness.
Most Market Points Rise Along With Temperatures
After a string of mostly declines last week, the natural gas cash market rebounded on Tuesday as some early summer heat resulted in most locations recording increases from a few pennies to a dime.
Index: Texas Energy Health Continues Improving
The Texas Petro Index (TPI) rose for the second consecutive month to 191.6, following a 14-month string of declines, said the Texas Alliance of Energy Producers. TPI rose from 188.2 in December to 189.1 in January to the latest TPI of 191.6 in February. However, the index remains 27.5% below its level of 264.4 a year ago.
Index of Texas Energy Health Improves for Second Month
The Texas Petro Index (TPI) rose for the second consecutive month to 191.6, following a 14-month string of declines, said the Texas Alliance of Energy Producers. TPI rose from 188.2 in December to 189.1 in January to the latest TPI of 191.6 in February. However, the index remains 27.5% below its level of 264.4 a year ago.
Index of Texas Energy Health Improves for Second Month
The Texas Petro Index (TPI) rose for the second consecutive month to 191.6, following a 14-month string of declines, said the Texas Alliance of Energy Producers. TPI rose from 188.2 in December to 189.1 in January to the latest TPI of 191.6 in February. However, the index remains 27.5% below its level of 264.4 a year ago.
One Arrested in EnCana BC Bombings Case
One man has been arrested in the case of a string of bombings of EnCana Corp. natural gas facilities in the Dawson Creek area of British Columbia (BC) during 2008 and 2009. The arrest followed the search of a rural farm in Hythe, AB, the Royal Canadian Mounted Police (RCMP) said Friday.
One Arrested in EnCana BC Bombings Case
One man has been arrested in the case of a string of bombings of EnCana Corp. natural gas facilities in the Dawson Creek area of British Columbia (BC) during 2008 and 2009. The arrest followed the search of a rural farm in Hythe, AB, the Royal Canadian Mounted Police (RCMP) said Friday.
Milder Temps, Screen Push Nearly All Points Lower
After a string of nearly all gains previously in the week, cash prices finally succumbed Friday to generally moderate weather-based demand and the previous day’s futures dip of 15.3 cents. Quotes were down at all points but one. The weekend decline of industrial load added to the general bearishness.