Tetco

Natural Gas Futures Reverse Lower as Weather Trends Cooler, Tetco Restrictions Lifted

Natural Gas Futures Reverse Lower as Weather Trends Cooler, Tetco Restrictions Lifted

Cooler forecast trends for next week and the prospect of restored pipeline capacity uncorking additional supply helped send natural gas futures sharply lower in early trading Friday. The September Nymex contract was down 11.4 cents to $3.945/MMBtu at around 8:55 a.m. ET. The latest 15-day forecast from Bespoke Weather Services shifted somewhat cooler day/day, including…

July 30, 2021
July Natural Gas Adds to Gains Early as ‘Bears Need to Stage an Immediate Intervention’

July Natural Gas Adds to Gains Early as ‘Bears Need to Stage an Immediate Intervention’

Natural gas futures were virtually unchanged in early trading Monday, holding onto recent gains as updated forecasts eased off somewhat on expected heat over the next two weeks. The July Nymex contract was up 0.8 cents to $3.304/MMBtu at around 8:45 a.m. ET. The July contract is coming off a roaring 14.7-cent rally in Friday’s…

June 14, 2021
Summer Heat, Appalachian Supply Concerns Fuel Natural Gas Forward Price Rally

Summer Heat, Appalachian Supply Concerns Fuel Natural Gas Forward Price Rally

Big basis moves in Appalachia and on the West Coast highlighted natural gas forwards trading during the June 3-9 period, while a sufficiently hot forecast helped propel a broader move higher for the Lower 48 overall, according to NGI’s Forward Look. Fixed prices for July delivery were higher week/week by around 10-15 cents at numerous…

June 11, 2021
Tetco Warns Restrictions to Stretch into 3Q2021 as Natural Gas Futures Surge

Tetco Warns Restrictions to Stretch into 3Q2021 as Natural Gas Futures Surge

A pipeline notice raising the prospect of prolonged supply disruptions out of the Northeast had natural gas futures surging in early trading Friday. The July Nymex contract was trading 10.3 cents higher to $3.252/MMBtu at around 8:50 a.m. ET. In a posting to its bulletin board shortly before 6 p.m. ET Thursday, Texas Eastern Transmission…

June 11, 2021
Natural Gas Futures Slip on Rebounding Supply, Weather Model Shifts; Cash Still Rocking

Natural Gas Futures Slip on Rebounding Supply, Weather Model Shifts; Cash Still Rocking

After a double-digit gain to start the week, natural gas futures retreated a bit Wednesday as a majority of the previously reported production decline recovered midweek. With traders eyeing another potential bearish storage injection, the July Nymex gas futures contract settled 2.9 cents lower at $3.075. August fell 3.2 cents to $3.094. Spot gas prices…

June 2, 2021

Tetco’s Stratton Ridge Expansion to Feed Freeport LNG Project

Federal regulators on Monday approved the start-up of Texas Eastern Transmission’s (Tetco) portion of the Stratton Ridge Expansion project, which is designed to provide natural gas to the Freeport LNG Development LP export project on the upper Texas coast.

March 19, 2019

Tetco Sees Partial Service Return A Week After Ohio Explosion

Enbridge Inc. on Sunday restored partial capacity on a section of the Texas Eastern Transmission (Tetco) system in southeast Ohio, about a week after part of the pipeline was damaged in an explosion.

January 28, 2019

Tetco Aiming to Bring 1 Bcf/d Back Online After Explosion

Enbridge Inc. was continuing to work Friday on a plan with federal and state regulators to restore some service as early as Monday on a segment of the Texas Eastern Transmission (Tetco) system in southeast Ohio that exploded on Jan. 21.

January 25, 2019

Appalachian Pipeline Service Disrupted Indefinitely by Tetco Blast, ME 1 Outage

Enbridge Inc. said Wednesday that there is no timeline for returning to service a section of its Texas Eastern Transmission (Tetco) system that was badly damaged in an explosion this week in southeast Ohio.

January 23, 2019
South Texas Natural Gas Line Expansion OK’d to Start Flowing into Mexico

South Texas Natural Gas Line Expansion OK’d to Start Flowing into Mexico

FERC on Wednesday gave the green light for more natural gas flows into Mexico authorizing the in-service of Texas Eastern Transmission’s (Tetco) South Texas Expansion Project (STEP), which transforms its existing Line 16 system to bidirectional service.

November 29, 2018
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