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Thousands wait another day for natural gas after pipeline blast in Manitoba

ST. PIERRE-JOLYS, Man. - Tanker trucks carried emergency supplies of compressed natural gas on Sunday to heat critical locations in southern Manitoba as thousands of residents have to contend with no heat. The residents have been told that a pipeline explosion on Saturday means they could have to spend several days in frigid temperatures without fuel to heat their homes. Natural gas service for an estimated 4,000 people in municipalities south of Winnipeg was interrupted following a huge explosion at a TransCanada Pipelines valve site near St. Pierre-Jolys.

Thousands wait another day for natural gas after pipeline blast in Manitoba

ST. PIERRE-JOLYS, Man. - Tanker trucks carried emergency supplies of compressed natural gas on Sunday to heat critical locations in southern Manitoba as thousands of residents have to contend with no heat. The residents have been told that a pipeline explosion on Saturday means they could have to spend several days in frigid temperatures without fuel to heat their homes. Natural gas service for an estimated 4,000 people in municipalities south of Winnipeg was interrupted following a huge explosion at a TransCanada Pipelines valve site near St. Pierre-Jolys.

Analysis: Propane freeze squeeze may harden resistance to U.S. oil exports

By Julia Edwards and Sabina Zawadzki NEW YORK (Reuters) - A shortage of propane heating fuel during a brutal U.S. cold snap this month threatens to sharpen the year's most urgent energy policy debate - how much of its newfound shale oil and gas bounty should America export? Millions felt the pinch last week as another wave of biting, bitter cold strained already low propane supplies in the Midwest, causing prices to surge three-fold over two weeks to record highs and forcing suppliers to ration deliveries.

Explosion and fire rock natural gas pipeline in southern Manitoba

ST. PIERRE-JOLYS, Man. - Several thousand people in southern Manitoba have been told that a pipeline explosion could mean they'll be without natural gas service for up to several days as temperatures hover close to —20 C. "As far as the temperature is concerned, the words 'polar vortex' is what they're saying," Myron Dyck, a spokesman for the Town of Niverville, said on Saturday. The explosion and fire at a TransCanada Pipelines valve site near St. Pierre-Jolys happened early Saturday morning, sending a massive fireball into the dark sky.

Natural gas soars as frigid winter limits production and demand for heating, electricity rises

NEW YORK, N.Y. - The frigid winter of 2014 is setting the price of natural gas on fire. Friday, the price in the futures market soared past $5 per 1,000 cubic feet, up 9 per cent for the day to the highest level in three and a half years. The price of natural gas is up 29 per cent in two weeks, and is 50 per cent higher than last year at this time.

U.S. propane shortage hits millions during brutal freeze

By Sabina Zawadzki and Edward McAllister NEW YORK (Reuters) - Millions of Americans are feeling the pinch of a propane shortage this week as brutal cold exposes the supply vulnerabilities of a fuel that heats homes, schools and businesses across wide swathes of the United States. Prices of the fuel, a liquefied petroleum gas, have rocketed to all-time highs in Midwestern states, distributors are rationing supplies, and some schools have shut due to a lack of the fuel during this year's second bout of Arctic weather.

Exclusive: World buyers line up to buy U.S. natural gas

By Oleg Vukmanovic and Edward McAllister LONDON/NEW YORK (Reuters) - Countries across the world have been quietly signing deals in recent months to import natural gas from the United States, revealing a growing appetite for the fuel overseas as domestic output soars. Up to a dozen long-term deals, each worth billions of dollars, have been penned behind closed doors with companies in China, Japan, Taiwan, Spain, France and Chile as global demand spikes, according to company, industry and trade sources.

Continuing bitter cold extends propane shortage, causes a spike in prices

OTTAWA - A shortage of propane in parts of Central Canada has suppliers scrambling to find extra fuel and rural consumers fuming about skyrocketing prices. The Canadian Propane Association insists there is no supply shortage in Canada. But the latest statistics from the National Energy Board show propane inventories were nearly 30 per cent lower across the country in January compared with the same month last year. And one of the country's biggest suppliers, Superior Propane, predicted Thursday that prices will likely remain high until May.

AltaGas CEO says small can be beautiful when it comes to West Coast LNG

CALGARY - The CEO of AltaGas Ltd. (TSX:ALA) says smaller players have an important role to play in B.C.'s liquefied natural gas industry. Speaking at a CIBC investor conference, David Cornhill said Thursday that the companies pitching LNG export facilities on the West Coast can be broken up into two categories, the first being enormous global firms such as Chevron, Petronas and Royal Dutch Shell that have interests in the natural gas fields themselves.

U.S. propane shortage deepens as cold snap reaches Midwest

By Sabina Zawadzki NEW YORK (Reuters) - U.S. Midwestern states are scrambling to address a deepening shortage of the home-heating fuel propane just as another cold snap envelops the region, threatening to strain supplies that are already at historic lows.
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