Suffering

The cash market slumped another five cents on average Friday with virtually all locations posting losses and Northeast locations suffering the greatest setbacks as hyper-warmth was forecast to return to the area on Monday. California points also weakened. Futures held relatively steady and at the close May had eased two-tenths of a cent to $1.989 and June had fallen eight-tenths of a cent to $2.084. May crude oil dropped 81 cents to $102.83/bbl.

Relief is at hand for shippers suffering from rising tolls on TransCanada Corp.’s natural gas pipeline network, the National Energy Board (NEB) has been told.

Relief is at hand for shippers suffering from rising tolls on TransCanada Corp.’s natural gas pipeline network, the National Energy Board (NEB) has been told.

The plunge in oil prices in recent months hasn’t begun to pressure North American chemical producers to shift their feedstocks from natural gas liquids (NGL) products, according to midstream and chemical company executives.

Energy stocks rebounded Tuesday after suffering across-the-board losses the previous day when Wall Street went into shock after the House rejected a massive $700 billion bailout plan for financial markets.

Long-suffering Rockies producers are seeing the light at the end of the basis tunnel as the landmark Rockies Express Pipeline LLC (REX) wends its way eastward. But what the industry has yet to open its eyes to is the trouble brewing down South, says an industry analyst.

Long-suffering Rockies producers are seeing the light at the end of the basis tunnel as the landmark Rockies Express Pipeline LLC (REX) wends its way eastward. But what the industry has yet to open its eyes to is the trouble brewing down South, says an industry analyst.

Gordon Shearer, CEO of Weaver’s Cove Energy LLC, the backer of a long-suffering proposal for a liquefied natural gas (LNG) receipt terminal in Fall River, MA, got more bad news last Wednesday in a letter from the U.S. Coast Guard. The project’s demise could be at hand, but a spokesman says an appeal is as well.

Gordon Shearer, CEO of Weaver’s Cove Energy LLC, the backer of a long-suffering proposal for a liquefied natural gas (LNG) receipt terminal in Fall River, MA, got more bad news Wednesday in a letter from the U.S. Coast Guard. The project’s demise could be at hand, but a project spokesman says an appeal is as well.