Stay updated with breaking news from Leidy Hub. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The rush is on to build new pipeline capacity to serve rapidgas-fired power generation growth in the Southeast and Mid-Atlanticregions. Dominion Transmission last week announced a proposed $400million pipeline to serve primarily new power plants in Virginiaand North Carolina.
Seneca Resources Company and Cabot Oil & Gas have made binding commitments to book firm transportation capacity on the Leidy South expansion project.
Small Rebound for June Natural Gas Prices, but Cash Struggles June Nymex recovers early, holds gains as storage deficit seen widening Year/year comparisons extremely favorable for coming months Pipeline maintenance kicks into high gear It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid...
June Natural Gas Prices Recover as Bullish Momentum Lingers It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid the mostly mild weather pattern expected across the country for the next few days. NGI’s Spot Gas National Avg. slipped 7.5 cents to $2.605. Thursday’s Energy Information ...