Physical gas prices rose on average a dime Tuesday as the Midwest and Midcontinent were bracing for the first major storm of the season. Rockies, Great Lakes and Midcontinent points all bounded higher. January futures rose 6 cents to $3.418, and February added 5.7 cents to $3.455. January crude oil gained 73 cents to $87.93/bbl.
Bracing
Articles from Bracing
Oil, Gas Facilities Brace for Louisiana Floodwaters
Oil and gas companies with facilities in the Atchafalaya Basin of Louisiana are bracing for the arrival of floodwaters, but industry officials believe that the impact will be minimal and the recovery will be swift.
Energy Approaches Obama, New Congress Guardedly
With a sea change about to take place in Washington politics, the oil and natural gas industry and public utilities — hoping for the best but bracing for the worst — last week pledged to work with the new administration and Democratic leaders on Capitol Hill.
Energy Approaches Obama Administration, New Congress Guardedly
With a sea change about to take place in Washington politics, the oil and natural gas industry and public utilities — hoping for the best but bracing for the worst — have pledged to work with the new administration and Democratic leaders on Capitol Hill.
Execs Brace for High Gas Prices, Hot Temps, Capitol Hill Inaction
Electricity providers around the country, already feeling the sting of abnormally high natural gas prices, are bracing for prices to climb to even loftier levels next year. At the same time they said they don’t anticipate blackouts this summer or Congress passing climate-change legislation.
Execs Brace for High Gas Prices, Hot Temps, Capitol Hill Inaction
Electricity providers around the country, already feeling the sting of abnormally high natural gas prices, are bracing for prices to climb to even loftier levels next year. At the same time they said they don’t anticipate blackouts this summer or Congress passing climate-change legislation.
Arctic Island Gas Still Eyed by Petro-Canada President
While bracing for a drilling slump to continue through 2008, Canadian natural gas producers continue to work on grand designs for new supply development, including the grand-daddy of Arctic visions.
Siren Call of Arctic Islands Gas Still Heard by Petro-Canada President
While bracing for a drilling slump to continue through 2008, Canadian natural gas producers continue to work on grand designs for new supply development, including the grand-daddy of Arctic visions.
Lower Prices, Production Force Canadian Drilling Services to Cut Jobs
Sparked by natural gas prices that remain lower than in recent years, the Canadian energy industry is bracing for a prolonged lull in natural gas drilling, with field employers quietly letting staff go after giving up hope for a speedy recovery of producer spending.
Lower Prices, Production Force Canadian Drilling Services to Cut Jobs
Sparked by natural gas prices that have been lower than in recent years, the Canadian energy industry is bracing for a prolonged lull in natural gas drilling, with field employers quietly letting staff go after giving up hope for a speedy recovery of producer spending.