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Report Acknowledges Arctic Climate Changes Could Expand Oil, Gas Resources

Average temperature in the Arctic have risen at almost twice the rate as the rest of the world in the past few decades, according to the latest Arctic Climate Impact Assessment (ACIA). Most of the environmental and societal impacts would be considered negative, but the independent group acknowledged that reduced sea ice likely would increase marine access and expand offshore oil and natural gas extraction.

December 6, 2004

Report Acknowledges Arctic Climate Changes Could Expand Oil, Gas Resources

Average temperature in the Arctic have risen at almost twice the rate as the rest of the world in the past few decades, according to the latest Arctic Climate Impact Assessment (ACIA). Most of the environmental and societal impacts would be considered negative, but the independent group acknowledged that reduced sea ice likely would increase marine access and expand offshore oil and natural gas extraction.

December 6, 2004

J. D. Power: Gas Utility Customer Satisfaction Still Strong Despite Higher Prices

Despite a 14% increase in average residential gas utility rates, a survey by J. D. Power and Associates found that customer satisfaction among the nation’s largest gas utilities is unchanged from 2003.

September 20, 2004

J. D. Power: Gas Utility Customer Satisfaction Still Strong Despite Higher Prices

Despite a 14% increase in average residential gas utility rates, a survey by J. D. Power and Associates found that customers satisfaction among the nation’s largest gas utilities is unchanged from 2003.

September 17, 2004

Forest Oil Posts Strong 2003 Earnings on High Oil/Gas Prices

Aided by the combination of higher average oil and natural gas sales prices, higher sales volumes and lower oil and gas production expenses, Forest Oil Corp. posted 2003 net earnings from continuing operations of $90.2 million or $1.82 per basic share and net earnings of $88.4 million or $1.79 per basic share, an increase of over 300% compared to net earnings of $21.3 million or $0.45 per share in 2002.

March 22, 2004

Forest Oil Posts Strong 2003 Earnings on High Oil/Gas Prices

Aided by the combination of higher average oil and natural gas sales prices, higher sales volumes and lower oil and gas production expenses, Forest Oil Corp. posted 2003 net earnings from continuing operations of $90.2 million or $1.82 per basic share and net earnings of $88.4 million or $1.79 per basic share, an increase of over 300% compared to net earnings of $21.3 million or $0.45 per share in 2002.

March 16, 2004

South Jersey Touts Storage Strategy, Files 4.4% Rate Cut

South Jersey Gas said because of its storage-based hedging strategy it will save its average customer about $62 next year. The company has promised an extra holiday gift this year in the form of a 4.4% rate reduction.

December 29, 2003

South Jersey Touts Storage Strategy, Files 4.4% Rate Cut

South Jersey Gas said because of its storage-based hedging strategy it will save its average customer about $62 next year. The company has promise an extra holiday gift this year in the form of a 4.4% rate reduction.

December 23, 2003

Fitch Gives Gas, Oil Industry ‘Stable’ Credit Outlook

FitchRatings gave the entire North American gas and oil industry a “stable” credit outlook Tuesday based on expected average (lower) crude oil prices in 2004 and moderating (but still robust) gas prices.

December 22, 2003

Fitch Gives Gas, Oil Industry ‘Stable’ Credit Outlook

FitchRatings gave the entire North American gas and oil industry a “stable” credit outlook Tuesday based on expected average (lower) crude oil prices in 2004 and moderating (but still robust) gas prices.

December 17, 2003