Canaccord Adams lowered its price assumptions for Henry Hub gas and WTI crude “to be more in line with our current view of weaker market conditions that are shaping up for 2007,” wrote analyst Irene Haas in a Wednesday note.
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U.S. Spending Cuts Would Goose Prices, Says Analyst
Canaccord Adams lowered its price assumptions for Henry Hub gas and WTI crude “to be more in line with our current view of weaker market conditions that are shaping up for 2007,” wrote analyst Irene Haas in a Wednesday note.
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Consolidated Natural Gas announced that Ronald L. Adams, seniorvice president, regulated business, has decided to leave thecompany effective Sept. 1, triggering an interim managementrestructuring for local gas distribution, pipelines and storageuntil the previously announced merger with Dominion Resources iscompleted. As a result, the following personnel appointments havebeen made: Jimmy D. Staton, has been appointed senior vicepresident, distribution operations; Gary L. Sypolt, has beenappointed senior vice president, pipeline operations; Paul D.Koonce, has been named senior vice president, commercialoperations; and William A. Fox has been named senior vicepresident, Virginia gas distribution.