Storage

Storage

ARTICLES

Broad Losses Edge Super-Sized East Gains; Futures Continue to Grind Lower

Physical gas prices for Thursday delivery took on a two-sided look in Wednesday's trading with East and Northeast points registering gains of $1.00 to $2.00, but into the Midwest and Producing regions, prices slumped from about a dime to 20 cents. Read More

NatGas Physical, Futures Continue to Erode, Yet Technicians See an Opportunity; January Loses 13 Cents

Physical natural gas prices for Wednesday delivery could get no help whatsoever from weather forecasts, the screen or power markets. Both futures and physical prices got hit with a double-digit flogging in Tuesday's trading. Read More

Anticipated Storage Report Doozy Vaults December Natural Gas Futures Higher on Expiration

With traders hustling and bustling to get business done before heading to their Thanksgiving holiday destinations, physical natural gas traded on Tuesday for Wednesday through Sunday delivery was a mixed bag. Northeast and Mid-Atlantic points were up on Wednesday's Nor'easter; West Coast locations were down on slumping demand, and everything else fell on either side of unchanged. Read More

Tres Palacios Storage Sale Boosts Capacity Utilization

Crestwood Midstream Partners LP and an affiliate of Brookfield Infrastructure Group are acquiring Tres Palacios Gas Storage LLC from Crestwood Equity Partners LP for $130 million in cash. Crestwood Midstream will own 50.01% and operate the assets. Read More

NatGas Bulls Energized Following First EIA Storage Withdrawal Report

Natural gas futures surged following the release of government storage figures showing a higher withdrawal than what the market was anticipating. Read More

Free-Falling Northeast, Strong Midwest, Midcontinent Offset; Futures Up By Double Digits

Next-day natural gas overall inched lower in Wednesday's trading as multi-dollar drops in New England were able to offset broad gains seen across a wide expanse encompassing the Marcellus, Midwest, Midcontinent, Gulf, and California. Read More

Boardwalk Files With FERC to Abandon Natural Gas Storage Cavern

An affiliate of Boardwalk Pipeline Partners LP has filed an application with FERC requesting that it be permitted to abandon a natural gas storage cavern in Louisiana, citing weak demand for such capacity along the Gulf Coast that's not expected to change in the near future. Read More

NatGas Bulls Mull Varying Weather Models; December Seen 7 Cents Lower

December natural gas is expected to open 7 cents lower Tuesday morning at $4.27 as traders are faced with varying weather model interpretations in the more distant time frames. Overnight oil markets fell. Read More

New England Leads Overall Broad Decline; Futures Still Above $4.00

Gas for weekend and Monday delivery retreated on Friday, as steady weather conditions convinced traders that committing to three-day deals at elevated prices was less attractive than spot purchases using convenient electronic communications. Read More

Bulls Hoping $4 Holds Ahead Of Storage Data; December NatGas Called A Penny Higher

December natural gas is expected to open a penny higher Friday morning at $3.99 as traders await storage figures expected to show the last increase in inventories for a while, and traders ponder whether the market can hold $4 support. Overnight oil markets rose after sinking to 4-year lows Thursday. Read More