Attracting

The near $7.50 price drop in near-month natural gas futures since the $15.780 price peak in mid-December is attracting demand back into the market. Fertilizer manufacturer Terra Industries said Wednesday that falling gas prices and other factors have enabled it to resume production of ammonia and upgraded products at its Woodward, OK, facility.

The Woodlands, TX-based Mitchell Energy & Development Corp. is attracting interest from potential buyers, according to founder and CEO George Mitchell, 81. Mitchell, speaking to reporters following the company’s annual meeting Wednesday, would not confirm nor deny that the company is considering offers. “We’ll see what happens,” he said.

The Woodlands, TX-based Mitchell Energy & Development Corp. is attracting interest from potential buyers, according to founder and CEO George Mitchell, 81. Mitchell, speaking to reporters following the company’s annual meeting Wednesday, would not confirm nor deny that the company is considering offers. “We’ll see what happens,” he said.

Deepwater discoveries by the majors in the Gulf of Mexico haveattracted a lot of attention, but quietly, smaller North Americanindependents have staked their claims in the shallower waters ofthe Gulf. Better technology, an infrastructure already in place,less cost and a consumer thirst for natural gas have made theshallow waters of the Gulf an enticing niche for independentswanting to make their mark.

Deepwater discoveries by the majors in the Gulf of Mexico have attracted a lot of attention, but quietly, smaller North American independents have staked their claims in the shallower waters of the Gulf. Better technology, an infrastructure already in place, less cost and a consumer thirst for natural gas have made the shallow waters of the Gulf an enticing niche for independents wanting to make their mark.

“Clean” energy retail marketer GreenMountain.com cleaned houselast week, attracting a $100 million investment from BP Amoco andothers, striking a marketing and energy supply alliance with BPAmoco and forming a marketing arrangement with Web powerhouseLycos.

“Clean” energy retail marketer GreenMountain.com cleaned houseyesterday, attracting a $100 million investment from BP Amoco andothers, striking a marketing and energy supply alliance with BPAmoco and forming a marketing arrangement with Web powerhouseLycos.

There’s no denying that El Paso Natural Gas has a bad habit ofattracting controversy, but its latest move seems a bit moremasochistic than usual.

There’s no denying that El Paso Natural Gas has a bad habit ofattracting controversy, but its latest move seems a bit moremasochistic than usual.