Accelerator

Governors Urge Automakers for Multi-State NGV Initiative

Looking for ways to step on the accelerator for natural gas vehicles (NGV), Colorado and Oklahoma state officials — including the two respective governors — paid a visit to Detroit Monday to urge U.S. auto manufacturers to get behind what they are outlining as a “multi-state, bipartisan compressed natural gas (CNG) initiative” to put more vehicles on the road.

July 17, 2012

Wednesday Dip Seen as Profit-Taking With Bulls Still at the Helm

Natural gas futures traders took their foot off the accelerator on Wednesday as the July contract came off fresh highs on a round of profit-taking to close back below $5 at $4.978, down 21.1 cents from Tuesday’s finish.

June 17, 2010

Futures Inch Lower Despite ‘Monster Snowstorm’ Forecast

Despite forecasts of a significant winter weather event for later in the week, natural gas futures bulls took their foot off the accelerator on Wednesday as the week recorded its first prompt-month contract decline. After reaching a high of $5.558 just after 10 a.m. EST, March futures closed the day’s regular session at $5.419, down 3.5 cents from Tuesday’s finish.

February 4, 2010

Futures Inch Lower Despite ‘Monster Snowstorm’ Forecast

Despite forecasts of a significant winter weather event for later in the week, natural gas futures bulls took their foot off the accelerator on Wednesday as the week recorded its first prompt-month contract decline. After reaching a high of $5.558 just after 10 a.m. EST, March futures closed the day’s regular session at $5.419, down 3.5 cents from Tuesday’s finish.

February 4, 2010

Rally Capped, But Futures Retain Most of Monday’s Gains

The entire energy complex took its foot off the accelerator on Tuesday following the significant gains racked up in Monday’s session. September natural gas futures ended up dropping three pennies to $4.001, while September crude futures backed off 16 cents to $71.42/bbl.

August 5, 2009

Cold Has Price Increases Speeding Up Again

After tapping on the brakes a few times Wednesday, theresurgence in November prices had its foot back on the acceleratorThursday. While not quite pedal-to-the-metal as in Tuesday’s gainsthat often hit 30 cents or more, double-digit increases againdominated the cash market.

November 6, 1998