In anticipation of a robust market for carbon emissions credits, the Commodity Futures Trading Commission (CFTC) is discussing how to keep track of what could become the largest commodity market in the world ($2 trillion within five years) if climate change legislation becomes law later this year.
Tag / Anticipation
SubscribeAnticipation
Articles from Anticipation
Northeast Sees Spikes, But Most Points Fall Again
Northeastern citygate spikes in anticipation of much colder regional weather early this week belied an overall market that continued to soften in most cases Friday. However, Thursday’s 4.8-cent uptick by April futures and forecasts of sub-freezing temperatures Sunday in the Midwest added several rising points in the Gulf Coast and Midwest to the Northeast gains Friday, in contrast to losses at nearly all points a day earlier.
Northeast Plunges Again Lead Overall Price Drop
Prices fell at all points but one Friday in anticipation of at least a modest break from the arctic cold that occupied most of the East last week. Prior-day futures weakness and the extra loss of industrial load associated with a holiday weekend were additional suppressants of cash numbers. Losses ranged from a little less than a nickel to about $6.20. A gain of less than a nickel at Malin was the exception to overall softness.
Futures Plummet on Smaller-Than-Expected Storage Pull, Low Liquidity
Perhaps in anticipation of a smaller-than-expected natural gas storage withdrawal report, February natural gas futures on Wednesday morning sunk lower, which was compounded by the noon EST report, which revealed that only 143 Bcf was extracted from underground inventories for the week ended Dec. 26. The contract ended up closing Wednesday’s regular session at $5.622, down 23.7 cents from Tuesday’s close.
Ziff: Alberta Gas Challenged by Royalty Fallout, Rising Costs
A drop in conventional industry spending in anticipation of a new royalty plan, rising costs and the strong Canadian dollar all present challenges to Alberta’s natural gas business, according to Houston-based Ziff Energy Group.
Ziff: Alberta Gas Challenged by Royalty Fallout, Rising Costs
A drop in conventional industry spending in anticipation of a new royalty plan, rising costs and the strong Canadian dollar all present challenges to Alberta’s natural gas business, according to Houston-based Ziff Energy Group.
Lease Sales to Include Formerly Unavailable Eastern Gulf Acreage
After a long wait and much anticipation, only a month remains until oil and natural gas Lease Sales 206 and 224 in the Gulf of Mexico take place, according to final notices printed in the Federal Register last Wednesday by the Minerals Management Service (MMS).
Lease Sales to Include Formerly Unavailable Eastern Gulf Acreage
After a long wait and much anticipation, only a little more than a month is all that remains until oil and natural gas Lease Sales 206 and 224 in the Gulf of Mexico take place, according to final notices printed in the Federal Register on Wednesday by the Minerals Management Service (MMS).
Lodi Holding Open Season for CA Storage Capacity
Lodi Gas Storage LLC is holding a nonbinding open season for firm storage capacity beginning in September 2008 in anticipation of expansion of its northern California facilities.
Futures Drop in Afternoon Trade Following 49 Bcf Pull
After trading lower in the overnight Globex session in anticipation of a bearish storage withdrawal, natural gas futures traders were already well prepared when the Energy Information Administration (EIA) reported that 49 Bcf was removed from underground storage for the week ended Jan. 5. After almost no reaction on the report’s 10:30 a.m. EST release, the February natural gas futures contract plummeted in afternoon trade, recording a low of $6.250 before settling at $6.292, down 46.3 cents on the day.