Belief

Reiterating its belief that liquefied natural gas (LNG) imports will be necessary to augment dwindling domestic supply, Energy Security Analysis Inc. (ESAI) added that it believes that imported LNG will “radically change” the U.S. and world gas markets, pushing domestic gas prices downward.

It was a popular belief heading into last weekend that the only thing that could subvert a gap-higher open in the natural gas pit on Monday was a substantial revision in the short- and intermediate-term weather forecasts. The potential last week of Old Man Winter making one last appearance across much of the Plains, Midwest and Northeast was too scintillating for traders not to buy into it — even though the cold weather was still a week or more away.

Not all senior natural gas producers are staking out northern exploration positions in the belief that the Canadian Arctic’s turn has come for development. Talisman Energy Inc. — formerly an affiliate to one of Alaska’s top gas owners as BP Canada until the British parent company sold it on Canadian stock exchanges in the 1990s — is staying out of the Far North gas revival.

Not all senior natural gas producers are staking out northern exploration positions in the belief that the Canadian Arctic’s turn has come for development. Talisman Energy Inc. — formerly an affiliate to one of Alaska’s top gas owners as BP Canada until the British parent company sold it on Canadian stock exchanges in the 1990s — is staying out of the Far North gas revival.

Sempra Energy is banking on a belief in the traditionalregulated pipes and wires business but with a couple of new twists.The holding company for San Diego Gas &amp Electric and SouthernCalifornia Gas is literally breaking new ground in North America,while buying into established utilities as far south as theSouthern Cone of South America.

Sempra Energy is banking on a belief in the traditionalregulated pipes and wires business, but with a couple new twists.The holding company for San Diego Gas & Electric and SouthernCalifornia Gas is literally breaking new ground in North America,while buying into established utilities as far south as theSouthern Cone of South America.