Trying

El Paso Corp. officials were trying Wednesday afternoon to determine whether their ANR Pipeline or another pipe was the source of a rupture late Tuesday night near ANR’s Custer Compressor Station in Oklahoma. No injuries were reported, and a small fire that was still burning at the site through midday Wednesday was out that afternoon, an El Paso spokesman said.

Still trying to figure out which direction to head next, June natural gas futures on Friday recorded a $6.78 high in morning trade before moving lower for the remainder of the session. The prompt month recorded a low of $6.55 late in the session before settling at $6.621, down 7 cents on the day, but 3.6 cents higher for the week.

Trying to expand upon the upward momentum from Tuesday, March natural gas futures explored higher Wednesday morning. However, after bumping up against the $6.26 level, the prompt month retreated, locating support at $6.10 before settling at $6.165, relatively unchanged from Tuesday.

There is a growing number of contenders trying to disprove conventional wisdom that growth of global traffic in liquefied natural gas (LNG) will largely pass by Canada. Project Rabaska in Quebec is the latest entry (see related story) and follows Irving Oil’s proposal to add LNG to its oil port at the New Brunswick capital of St. John and Access Northeast Energy’s (now Anadarko, see related story) Bear Head project for northern Nova Scotia.

There is a growing number of contenders trying to disprove conventional wisdom that growth of global traffic in liquefied natural gas (LNG) will largely pass by Canada. Project Rabaska in Quebec is the latest entry (see Daily GPI, Aug. 10) and follows Irving Oil’s proposal to add LNG to its oil port at the New Brunswick capital of St. John and Access Northeast Energy’s (now Anadarko, see related story) Bear Head project for northern Nova Scotia.

TransCanada PipeLines Ltd., disappointed but refusing to be discouraged after decades of trying, declared itself still ready to collaborate with any credible new contender to build the American half of the Alaska natural gas megaproject after Warren Buffett’s Berkshire Hathaway withdrew its $6.4-billion entry (see Daily GPI, March 26).

“We’re tough up this way; we don’t need heat,” a Midwest source jested as a way of trying to explain Thursday’s falling prices despite subfreezing temperatures across most of the region that would extend into the weekend. Quotes fell across the board, with losses ranging from a little more than a dime at some western points to about a half a dollar for New York City deliveries.

Former Westar Energy CEO David C. Wittig and Douglas T. Lake, ex-executive vice president, were indicted last Wednesday by a federal grand jury in Topeka, KS, on 40 counts of conspiracy, fraud and related criminal charges.

Top federal law enforcement authorities announced Thursday that former Westar Energy CEO David C. Wittig and Douglas T. Lake, ex-executive vice president, were indicted this week by a federal grand jury on 40 counts of conspiracy, fraud and related criminal charges.