Various

Cold Snap Continues to Propel Most Points Higher

Prices continued to rise at most points Thursday as frigid temperatures and various types of frozen precipitation (sleet, freezing rain and snow) occupied more and more of the U.S. and Canada. A 32.3-cent spike by January futures on Wednesday gave extra support to Thursday’s cash market.

December 14, 2007

Tennessee 800 Line Expansion Targets LNG, Midcontinent Supply

Tennessee Gas Pipeline Co. is holding a binding open season for about 400,000 Dth/d of firm capacity proposed to be available from various 800 Line receipt points upstream of Tennessee’s Station 823 in Kinder, LA. Delivery points available are in Tennessee Zones L and 1 under Rate Schedule FT-A.

November 19, 2007

Tennessee 800 Line Expansion Targets LNG, Midcontinent Supply

Tennessee Gas Pipeline Co. is holding a binding open season for about 400,000 Dth/d of firm capacity proposed to be available from various 800 Line receipt points upstream of Tennessee’s Station 823 in Kinder, LA. Delivery points available are in Tennessee Zones L and 1 under Rate Schedule FT-A.

November 19, 2007

Kinder Morgan Pipeline to Extend to Five Nebraska Plants

Kinder Morgan Energy Partners LP (KMP) said last Wednesday it has entered into an agreement with various parties to expand its Kinder Morgan Interstate Gas Transmission (KMIGT) pipeline to serve five new plants, four of them ethanol-producing, near Grand Island, NE.

October 22, 2007

Kinder Morgan Pipeline to Extend to Five Nebraska Plants

Kinder Morgan Energy Partners LP (KMP) said Wednesday it has entered into an agreement with various parties to expand its Kinder Morgan Interstate Gas Transmission (KMIGT) pipeline to serve five new plants, four of them ethanol-producing, near Grand Island, NE.

October 18, 2007

Midcontinent Express Files at FERC for $1.27B, 500-Mile Pipeline

Looking to further open up the transportation of natural gas from the various shales in Texas, Arkansas and Oklahoma, Midcontinent Express Pipeline LLC (MEP) on Wednesday filed an application with FERC requesting a certificate of public convenience and necessity for an approximately $1.27 billion, 500-mile transmission system.

October 11, 2007

Growing Firmness in Mixed Pricing Unlikely to Last

Differing weather fundamentals in various regions produced mixed price movement again Thursday, but due to a mini-heat wave developing in the Northeast, there were considerably more gains than on Wednesday when softness pervaded most of the market. However, sources agreed that declines will set in again at most if not all points in Friday’s trading for the holiday weekend.

May 25, 2007

Industry Briefs

Breaking down the respective costs of various mainstream home energy sources, natural gas will be the cheapest to use in 2007, according to the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy. The DOE forecast of projected costs of natural gas, heating oil, electric, propane and kerosene energy use was published in the March 21 Federal Register. According to DOE, one million Btus of natural gas will cost an estimated $12.18 this year — while the same amount of electricity will cost families more than twice as much ($31.21) on average. Natural gas will also cost less than heating oil ($16.01), kerosene ($19.48) and propane ($20.47). “These cost savings can add up quickly, especially for home heating and water heating,” said Tom Moskitis, American Gas Association (AGA) managing director of external affairs. “For water heating, an average household using a conventional storage type water heater would save around $220 per year in energy costs by using a natural gas water heater instead of a similar electric unit. That means the natural gas water heater can pay for itself after just a few years — and save a consumer $2,000 in energy costs over the nine-year life of the appliance.” According to AGA analysis of the DOE’s cost projections, the least expensive way to heat a home in 2007 is with a high-efficiency (94%) natural gas furnace. The association said this option will cost consumers an estimated $801 in 2007, compared with $1,930 for the most expensive home-heating option — an electric resistance system (such as electric warm air furnace heating). For the full year 2007, AGA found that an 84%-efficient oil furnace would cost a consumer $946 while a 94%-efficient propane furnace would cost $1,184. An electric 7.7 HSPF heat pump would come the closest to the natural gas option, costing customers $814 in 2007.

April 16, 2007

DOE Taps Natural Gas as Cheapest Home Energy for 2007

Breaking down the respective costs of various mainstream home energy sources, natural gas will be the cheapest to use in 2007, according to the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy. The DOE forecast of projected costs of natural gas, heating oil, electric, propane and kerosene energy use was published in the March 21 Federal Register.

April 10, 2007

LNG Global Delays ‘Not a Problem,’ Sempra CEO Says

Increasing delays in the development of liquefaction facilities at the source of various global liquefied natural gas (LNG) suppliers are nothing to get alarmed about, and discussions of additional import supplies into the United States are continuing to take place, according to Sempra Energy CEO Donald Felsinger, speaking to analysts on a quarterly earnings conference call. Given the size and complexity of the deals, the delays are “normal and expected,” he said.

November 13, 2006
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