Above

Focusing on weather and global warming trends and ignoring “black swans” — incidents that spike well above or below established trends — could blind investors and the energy industry to opportunities, according to Bethlehem, PA-based long-range forecaster Weather Trends International (WTI).

Prices continued to rise Wednesday at nearly all points as heating load, though getting a bit lighter, remained fairly robust and was joined by prior-day futures support after the November contract rose 6.5 cents Tuesday.

The prospects for U.S. natural gas markets this winter are in much better shape than they were just a few months ago, with gas storage above the five-year average, the National Weather Service (NWS) predicting a relatively mild winter and robust production continuing onshore, FERC staff said Thursday.

The prospects for U.S. natural gas markets this winter are in much better shape than they were just a few months ago, with gas storage above the five-year average, the National Weather Service (NWS) predicting a relatively mild winter and robust production continuing onshore, FERC staff said Thursday.

A combination of rising natural gas prices, the stumbling residential housing market and general economic weakness has led to above-average increases in past-due payments at many local distribution companies (LDC), particularly in the eastern United States, according to Moody’s Investors Service.

Buoyed by natural gas futures’ venture above $10 in Monday’s session, most cash market points across the country on Tuesday recorded modest gains, from a few pennies to just more than 30 cents. Gains were recorded at a vast majority of points across the country, with a few declines sprinkled through the Northeast and Midcontinent.

With crude oil prices above $105 a barrel and natural gas prices nearing $10/Mcf, a group of chemical manufacturers Friday called on Congress to look again at lifting the moratoria on drilling off the East and West Coasts.

With crude oil prices above $105 a barrel and natural gas prices nearing $10/Mcf, a group of chemical manufacturers Friday called on Congress to look again at lifting the moratoria on drilling off the East and West Coasts.

Warmer ocean waters could mean fewer Atlantic hurricanes striking the United States, according to new findings by climate scientists at the National Oceanic and Atmospheric Administration (NOAA).