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Longer term, analysts at the Federal Reserve Bank of Dallas predict “much higher natural gas prices,” despite a “sizable” inventory of undeveloped domestic resources.

Longer term, analysts at the Federal Reserve Bank of Dallas predict “much higher natural gas prices,” despite a “sizable” inventory of undeveloped domestic resources.

Despite roiling global financial markets, federal regulatory delays in closing its joint venture with the Royal Bank of Scotland (RBS), and dissatisfaction with the company’s current stock price, San Diego-based Sempra Energy expects to have faster earnings growth and more diversity in its operations over the next five years, CEO Donald Felsinger told the company’s annual analyst meeting in New York City Thursday.

Natural gas futures values took their second consecutive session beating on Monday as Wall Street investment bank concerns dominated the chatter among traders. April natural gas dropped 76.8 cents Monday to close at $9.100, while April crude shrank by $4.53 to close at $105.68/bbl.

Sempra Energy’s joint energy trading venture with the Royal Bank of Scotland (RBS), which is expected to close early next year, appears to have come at a most opportune time for the California-based corporation, and the sky may be the limit for NGI’s top North American natural gas marketer.

Sempra Energy’s joint energy trading venture with the Royal Bank of Scotland (RBS), which is expected to close early next year, appears to have come at a most opportune time for the California-based corporation, and the sky may be the limit for NGI’s top North American natural gas marketer.

In expanding its U.S. Power and Gas Trading business in the last year, JPMorgan announced last week it has added three new employees from Deutsche Bank, two from UBS and one each from Sempra and Goldman Sachs. The additions are part of a 50-person expansion of its global commodities business, including oil and distillates trading, carbon and environmental products, energy sales and marketing and commodity-linked structural products. The new employees in the gas and power segment and their positions at JPMorgan are:

Dutch bank ABN Amro confirmed Friday it was closing down its trading operations involving natural gas, oil, and freight derivatives, cutting back to focus on its core markets of emissions and precious metals.

A call by Canada’s Minister of Finance to begin taxing the distributable cash of income trusts in four years was supported last week by Bank of Canada Gov. David Dodge, who said the federal government should have acted “years ago” to end the tax loophole.