No Wells Coming Off Confidential List Through Friday -- January 3, 2023

Locator: 46445B.

Eight stories being followed today:

• EVs (again): pending. Will be posted elsewhere.
  
• LNG / natural gas: pending. Will be posted elsewhere.
• Canada, western shale, top oil and gas wells: pending. Will be posted elsewhere.
• road to Germany: pending. Will be posted elsewhere.
• respiratory illnesses, winter, US: pending. Will be posted elsewhere.
• personal investing: pending. Will be posted elsewhere.
• gift list ideas, for next Christmas: pending. Will be posted elsewhere.

WMB: to acquire Gulf Coast natural gas storage assets for $2 billion. Acquisition from an affiliate of Hartree Partners LP. Link here.

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Back to the Bakken

WTI: $71.69 after dropping below $70 earlier this morning.

Friday, January 5, 2024: 2 for the month; 2 for the quarter, 2 for the year
None.

Thursday, January 4, 2024: 2 for the month; 2 for the quarter, 2 for the year
None.

Wednesday, January 3, 2024: 2 for the month; 2 for the quarter, 2 for the year
None.

RBN Energy: more on what happens behind the scenes in gas pipeline rate cases.

Folks not directly involved in the FERC’s rate-setting process for interstate gas pipelines may think it’s a largely mechanical — and painfully boring — activity. But the process is actually often incredibly dynamic, with a lot of give-and-take among pipeline representatives, pipeline customers and FERC staffers, all aimed at reaching an agreement on rates that everyone involved can live with. We recently explained the “formal process” and (informal, confidential) “settlement process” that usually play out along parallel tracks. In today’s RBN blog, we expand on our look at the rate-setting process for gas pipelines with a few more nuances of how negotiated resolution really works.