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Amid

As Hurricane Charley Turns North, Futures Head South

Amid diminishing concerns about Tropical Storm Bonnie and Hurricane Charley, the natural gas futures market shuffled lower Wednesday, quickly rescinding nearly all of the gains notched over the previous two trading sessions. The September contract was the biggest loser, dropping 17.7 cents to close at $5.614. By comparison, the out-months fared much better, enabling the five-month winter strip (November-March) to sustain only a modest, 6-cent decline to $6.684.

August 12, 2004

INGAA Study: Lag in Gas Project Construction Will Cost Consumers $200B by 2020

Amid projections of continued growth in natural gas demand and tighter supplies, a delay as short as two years in the construction of gas pipelines, storage facilities and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020, according to a new study released by The INGAA Foundation Monday.

July 26, 2004

INGAA Study: Lag in Gas Project Construction Will Cost Consumers $200B by 2020

Amid projections of continued growth in natural gas demand and tighter supplies, a two-year delay in the construction of gas pipelines, storage facilities and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020, according to a new study released by The INGAA Foundation Monday.

July 20, 2004

A Smidgen of Flatness Mixes With Overall Losses

A few flat points, mostly in the Gulf Coast, were conspicuous amid an overall softer market Thursday. Weak weather fundamentals in most areas and the associated lack of electric utility load were responsible for declines ranging from a little under a nickel to a little more than 20 cents, sources said.

July 2, 2004

More Security for Distrigas LNG Plant Urged Amid Reports of Possible Summer Attacks

Rep. Edward Markey (D-MA) has called on the Bush administration to beef up security at Distrigas of Massachusetts’ liquefied natural gas (LNG) terminal in Everett, MA, in the wake of reports that Al Qaeda terrorists may attack high-profile targets in the United States this summer.

June 1, 2004

More Security for Distrigas LNG Plant Urged Amid Reports of Possible Summer Attacks

Rep. Edward Markey (D-MA) last week called on the Bush administration to beef up security at Distrigas of Massachusetts’ liquefied natural gas (LNG) terminal in Everett, MA, in the wake of reports that Al Qaeda terrorists may attack high-profile targets in the United States this summer.

May 31, 2004

Big Snow in CO, But Prices Fall Amid Mild Weather

Cash prices were down a fairly consistent 3-10 cents at the great majority of points Friday in a very slow, quiet day of pre-weekend trading. Mild temperatures across the country — except for Colorado, where a snowstorm dumped a couple of feet of snow — kept heating and cooling demand to a minimum, plus the industrial load drop over a weekend played a role.

April 26, 2004

Futures Struggle Higher Amid Diverging Market Views

Despite a dip in the nearby crude oil market, natural gas futures trudged quietly higher Tuesday as traders wrestled with the contradictory forces of supportive technicals and bearish near-term storage outlooks. It wasn’t pretty, but the April contract did manage to eke out a modest 1.5-cent advance to notch its fifth straight daily advance. It closed at $5.565.

March 3, 2004

BC Government Looks to Open Western Offshore Drilling

Amid preparations for spring public hearings, a British Columbia government eager to capitalize on strong natural gas markets has put out a reminder that a formula has already been found once for opening up the West Coast of Canada to offshore drilling.

February 17, 2004

BC Government Looks to Open Western Offshore Drilling

Amid preparations for spring public hearings, a British Columbia government eager to capitalize on strong natural gas markets has put out a reminder that a formula has already been found once for opening up the West Coast of Canada to offshore drilling.

February 16, 2004
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