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gasfacts2019

Democratic lawmakers in New England have proposed federal legislation designed to increase pipeline safety in the wake of a deadly series of natural gas explosion and fires in suburban Boston last year.

Crestwood Equity Partners LP has taken full ownership of the Jackalope Gas Gathering System and Bucking Horse Processing Plant in Converse County, WY, after acquiring the other half stake from Williams for $485 million in cash.

Natural gas service to an area of downtown Durham, NC, remained off late Wednesday afternoon following a deadly pipeline explosion and fire that killed one person and injured at least 15 people, according to Dominion Energy.

President Trump was poised Wednesday to sign a pair of executive orders meant to expedite federal approval of natural gas, oil and other energy projects.

Price action in the natural gas futures market has been as exciting as watching paint dry so far this week, and Wednesday’s swing brought the action down another notch. The Nymex May gas futures contract settled a meager one-tenth of a cent higher at $2.70, while June rose 0.3 cents to $2.742.

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