In The News

Tuesday, 11/26/2019

November 25, 2019 – NGI

Seaway Tests Support for Oklahoma-to-Gulf Coast Crude Expansion

By Leticia Gonzales

Seeking to boost crude oil deliveries to the Gulf Coast, Seaway Pipeline is gauging interest for a proposed 200,000 b/d expansion of its 500-mile, 30-inch diameter system stretching from Cushing, OK, to the Freeport, TX, area. […]

[…] Seaway’s fee schedule is starting at 99 cents/bbl for light crude oil pipeline transportation from Cushing, OK, although fees will vary depending on volume, destination and term. The system also...

Friday, 11/22/2019

November 20, 2019 – CBC News

'It is so critical to the economy': Industry leaders urge Trudeau to end CN Rail strike

By Kyle Bakx

Pressure is mounting on the federal government to reconvene Parliament ahead of schedule and put a stop to the CN Rail strike, as industry groups tally up potential losses resulting from the work stoppage and raise concerns about the harm caused to the country's reputation abroad.

About 3,200 conductors, trainpersons and yard workers walked off the job on Tuesday after negotiations on a new contract with the...

Wednesday, 11/06/2019

November 01, 2019 – NGI

Winter’s Arrival Brings Substantial Gains for November Natural Gas Bidweek Prices

By Leticia Gonzales

Mother Nature’s timing in unleashing frigid Arctic air on the United States resulted in some of the most extreme volatility the natural gas market has seen during bidweek in quite some time. The vast majority of markets posted hefty gains as frosty conditions and subzero temperatures spread across the country’s midsection, boosting NGI’s November Bidweek ...

Thursday, 10/10/2019

October 9, 2019 – Natural Gas Intelligence

Weather Model ‘Chaos’ Leaves Natural Gas Futures Down a Third Day

By Leticia Gonzales

 

With a growing disparity between weather models and strong daily production data, natural gas traders pushed Nymex futures down another nickel on Wednesday. With traders expecting another loose storage stat in the latest government data due out on Thursday, the November contract settled 5.4 cents lower at $2.234/MMBtu. December slipped 5.5 cents to $2.436.

Spot gas prices were mixed again, with mostly...

Thursday, 10/10/2019

October 9, 2019 – Freight Waves

Beyond Stevens, a report lays out tough times for drivers operating in Permian Basin

By John Kingston

 

As the tanker division of Stevens Transport announced its closing this week, an analysis of the situation on the ground in the Permian Basin for trucks suggested things could get a lot worse. 

While the statements from Stevens said that a loss of business hauling frac sand was...

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