Citing the company’s work on correcting anomalies on its new large-diameter Gulf Crossing Pipeline before it went into service in late June, Standard & Poor’s Ratings Services (S&P) revised its outlook on Boardwalk Pipeline Partners LP to “negative” from “stable” and affirmed its “BBB” corporate credit rating.
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Climate Change Clears House by Slimmest of Margins
The House went down to the wire Friday on the sweeping climate change and energy bill, with lawmakers passing it by the slimmest of margins. House Democrats managed to keep climate change alive in this Congress — barely.
House Votes Out Sweeping Climate Change Bill
The House went down to the wire Friday on the sweeping climate change and energy bill, with lawmakers passing it by the slimmest of margins. House Democrats managed to keep climate change alive in this Congress — barely.
Kinder Morgan Louisiana Line Up and Running
Kinder Morgan Energy Partners LP reported that the 133-mile Kinder Morgan Louisiana Pipeline project went into service on Sunday, two days after receiving the green light from FERC (see Daily GPI, June 22).
NGL Margins Chart Improvement
The natural gas liquids (NGL) market is apparently something like the weather. Don’t like it? Wait and it will change.
Most Cash Points Creep Higher Despite Ample Gas Supply
Most cash market points went back to reporting gains Thursday after mixed action during Wednesday. The strength in cash averages occurred despite the bearish fact that the market had to digest its fifth straight triple-digit natural gas storage report (see related story).
Analysts: Midstream Sector Seeing Happier Days
The natural gas liquids (NGL) market is apparently something like the weather. Don’t like it? Wait and it will change.
Nevada PUC Lowers Charge on Utilities to All-Time Low
The cost of being regulated by the Nevada Public Utilities Commission (PUC) went down Wednesday — by a fraction of a penny (1/200th of a cent to be exact). The three-member PUC voted unanimously to lower its assessment against all of the private-sector utilities it regulates to 1.90 mills from 1.95 mills.
June Quietly Expires, But July Could Drop Thursday on Storage Build
According to one natural gas futures trader, the June contract on Wednesday went off the board like “a sleeping lamb” as it gained one-tenth of a cent to expire at $3.538. The July contract, which now assumes front-month status, slipped five-tenths of a cent on the day to close at $3.638.
Transportation Notes
MRT said it will lift at the start of Tuesday’s gas day the cold weather-based System Protection Warning that went into effect Sunday.