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☆ U.S. natgas futures jump 7% in volatile week on cold forecasts
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +4 min
Freeport LNG submitted a draft Root Cause Failure Analysis to the Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) on Nov. 1, according to sources familiar with the filing. Freeport LNG, however, has not yet submitted a request to resume service. Prism Brilliance, Prism Diversity and Prism Courage were waiting off the coast from the plant, and Prism Agility was expected to arrive around Nov. 29. In what has already been an extremely volatile week, front-month gas futures rose 42.5 cents, or 7.1%, to settle at $6.400 per million British thermal units (mmBtu), the highest close since Oct. 14. With the coming of seasonally colder weather, Refinitiv projected average U.S. gas demand, including exports, would rise from 97.6 bcfd this week to 100.1 bcfd next week and 119.0 bcfd in two weeks.
☆ U.S. regulators want more data on Texas Freeport LNG plant before restart
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +2 min
Oct 31 (Reuters) - U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its liquefied natural gas (LNG) export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for review. Freeport cannot restart without regulatory approval. At least four vessels were already lined up to pick up LNG at Freeport, according to Refinitiv data. Prism Brilliance and Prism Diversity were waiting off the coast from the plant, while Prism Courage was expected to arrive on Nov. 1 and Grace Freesia on Nov. 27. The plant's restart will provide needed fuel for heating and power as winter descends on the Northern Hemisphere.
☆ DeSantis says migrants sent to Martha's Vineyard 'hit the jackpot'
  + stars: | 2022-09-19 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com   time to read: +2 min
Florida Gov. Ron DeSantis said Texas migrants he sent to Martha's Vineyard "hit the jackpot." Ron DeSantis on Sunday gave himself a pat on the back for sending 50 migrants to Martha's Vineyard. Though locals in Martha's Vineyard moved swiftly to help when the news broke, DeSantis insisted liberal sanctuaries aren't as welcoming as they say they are. A homeless shelter on the vineyard said on Friday that it didn't have the bandwidth to take on the dozens of migrants.
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