Anticipated

With Hurricane Dolly holding its anticipated course and impacting Texas near the Mexico border Wednesday afternoon (see related story), traders resumed their pounding on the energies Wednesday as front-month natural gas futures closed below $10 for the first time since April 11.

Growing gas production from unconventional basins in Texas, Oklahoma and Arkansas as well as the still-anticipated influx of large volumes of liquefied natural gas (LNG) on the Gulf Coast launched aggressive efforts by gas storage developers to expand existing and construct new facilities. Trouble is, according to one consultant, there may be more storage withdrawal capacity than there is pipeline capacity to handle it.

Growing gas production from unconventional basins in Texas, Oklahoma and Arkansas as well as the still-anticipated influx of large volumes of liquefied natural gas (LNG) on the Gulf Coast launched aggressive efforts by gas storage developers to expand existing and construct new facilities. Trouble is, according to one consultant, there may be more storage withdrawal capacity than there is pipeline capacity to handle it.

In a move that was largely anticipated ever since electronic commodity trading began to really take off back in 2000, the New York Mercantile Exchange (Nymex) announced plans last week outlining when and how a commodity contract will make the “shift” from open outcry trading over to full electronic trading.

In a move that was largely anticipated ever since electronic commodity trading began to really take off back in 2000, the New York Mercantile Exchange (Nymex) announced plans this week outlining when and how a commodity contract will make the “shift” from open outcry trading over to full electronic trading.

President Bush, in a much-anticipated speech last Wednesday, laid out a plan to stop the growth of heat-trapping greenhouse gas (GHG) emissions in the United States by 2025.

President Bush, in a much-anticipated speech Wednesday, laid out a plan to stop the growth of heat-trapping greenhouse gas (GHG) emissions in the United States by 2025.

Questar Overthrust Pipeline Co. is holding an open season for a potential expansion of its system to meet growing production volumes anticipated from the Green River, Uinta and Piceance basins that will feed the next generation of Rockies export pipelines.

Questar Overthrust Pipeline Co. is holding an open season for a potential expansion of its system to meet growing production volumes anticipated from the Green River, Uinta and Piceance basins that will feed the next generation of Rockies export pipelines.