Bolstered

Futures Rally as First Arctic Burst Hits

Bolstered by an arctic front swooping through the eastern half of the United States, natural gas futures found some support on Friday as the January contract reached a high of $4.676 before closing the regular session at $4.586, up 12.7 cents from Thursday’s close.

December 7, 2009

Wellinghoff: Market Will Decide Future of Coal, Nukes

FERC Chairman Jon Wellinghoff attempted to smooth the waters surrounding his recent prediction of an upgraded electric grid, bolstered by fully integrated renewables but with few, if any, new coal or nuclear generators, in Washington, DC, last week.

May 18, 2009

Wellinghoff’s Renewables Prediction Challenged by Lawmakers

FERC Chairman Jon Wellinghoff’s recent prediction of an upgraded power grid, bolstered by fully integrated renewables but with few, if any, new coal or nuclear generators — and a major role for natural gas — continues to be challenged, this time by Reps. Joe Barton (R-TX) and Greg Walden (R-OR).

May 12, 2009

Wellinghoff: Changing Energy Landscape Still Dependent on Gas

The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.

April 27, 2009

Wellinghoff: Changing Energy Landscape Still Dependent on Gas

The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service with few, if any, new nuclear or coal generators — and a major role for natural gas, FERC Chairman Jon Wellinghoff said Wednesday.

April 23, 2009

Screen, Returning Cold Cause Most Points to Rise

Cash prices staged a rally at a majority of points Thursday, bolstered both by the previous day’s increase of 6.9 cents by May futures and prospects of increasing heating load in the Midwest. There was also the possibility of limited cooling load in the South as such locations as New Orleans and Houston were expected to peak around 80 degrees Friday while Orlando, FL, could expect a high in the mid 80s.

April 13, 2009

Screen, Rising Heat Levels Spur Gains at All Points

Bolstered by a prior-day futures gain of a little more than a quarter and gradually rising cooling load, cash prices moved higher at all points Thursday. But a sharp screen reversal and the typical decline of industrial load over a weekend may make it tough for the spot market to continue its climb Friday.

June 20, 2008

Independence Hub Outage Boosts Cash, Screen

Cash prices rose again at most points Wednesday as both they and the screen were bolstered by news of a major loss of Gulf of Mexico production. Moderate amounts of cooling load were resurfacing as temperatures began to rise in the Southwest and the central and eastern sections of the South. Cooling demand was going up a bit in parts of the Midwest but retreating in the Northeast.

April 10, 2008

ConocoPhillips’ Flat Reserve Additions Concern Analysts

ConocoPhillips bolstered its oil and natural gas output last year by 300% with the addition of 2.6 billion boe in new reserves, the company said in a preliminary 2006 estimate. However, energy analysts criticized the Houston-based producer, noting that Conoco’s proved reserves rose almost entirely on its $35.6 billion cash-and-stock acquisition of Burlington Resources Inc. and its increased stake in Russia’s LUKOIL.

January 16, 2007

ConocoPhillips’ Flat Reserve Additions Concern Analysts

ConocoPhillips bolstered its oil and natural gas output last year by 300% with the addition of 2.6 billion boe in new reserves, the company said in a preliminary 2006 estimate. However, energy analysts criticized the Houston-based producer, noting that Conoco’s proved reserves rose almost entirely on its $35.6 billion cash-and-stock acquisition of Burlington Resources Inc. and its increased stake in Russia’s LUKOIL.

January 15, 2007