The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years..the 15 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 9 billion cubic foot addition from an S&P Global Platts survey of analysts, but measured well below the average addition of 67 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 66 billion cubic feet added to natur
U.S. Supreme Court tackles pipeline company s bid to seize New Jersey land
Reuters | Apr 28, 2021 08:23 PM EDT
Morning rises over the U.S. Supreme Court building in Washington, U.S. (Photo : REUTERS/Jonathan Ernst)
The U.S. Supreme Court on Wednesday wrestled with a bid by a group of energy companies seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline, as the state argues that its rights would be trampled.
The justices heard arguments in an appeal by PennEast Pipeline Company LLC, a joint venture backed by energy companies including Enbridge Inc, of a lower court ruling in favor of New Jersey s government, which opposes the land seizure.
By Syndicated Content
By Lawrence Hurley
WASHINGTON (Reuters) â The U.S. Supreme Court on Wednesday wrestled with a bid by a group of energy companies seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline, as the state argues that its rights would be trampled.
The justices heard arguments in an appeal by PennEast Pipeline Company LLC, a joint venture backed by energy companies including Enbridge Inc, of a lower court ruling in favor of New Jerseyâs government, which opposes the land seizure.
Other companies in the consortium for the 116-mile (187-km) pipeline from Pennsylvania to New Jersey include South Jersey Industries Inc, New Jersey Resources Corp (NJR), Southern Co and UGI Corp.
By Syndicated Content
By Lawrence Hurley
WASHINGTON (Reuters) â The U.S. Supreme Court on Wednesday wrestled with a bid by a group of energy companies seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline, as the state argues that its rights would be trampled.
The justices heard arguments in an appeal by PennEast Pipeline Company LLC, a joint venture backed by energy companies including Enbridge Inc, of a lower court ruling in favor of New Jerseyâs government, which opposes the land seizure.
Other companies in the consortium for the 116-mile (187-km) pipeline from Pennsylvania to New Jersey include South Jersey Industries Inc, New Jersey Resources Corp (NJR), Southern Co and UGI Corp.
By Syndicated Content
By Lawrence Hurley
WASHINGTON (Reuters) â The U.S. Supreme Court on Wednesday wrestled with a bid by a group of energy companies seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline, as the state argues that its rights would be trampled.
The justices heard arguments in an appeal by PennEast Pipeline Company LLC, a joint venture backed by energy companies including Enbridge Inc, of a lower court ruling in favor of New Jerseyâs government, which opposes the land seizure.
Other companies in the consortium for the 116-mile (187-km) pipeline from Pennsylvania to New Jersey include South Jersey Industries Inc, New Jersey Resources Corp (NJR), Southern Co and UGI Corp.