“Summer doldrums” appeared to be an apt description of Thursday’s cash market as few points budged much from their previous-day positions and weather patterns weren’t showing a great deal of change either. A large majority of points were flat to slightly softer despite forecasts of hot temperatures continuing into next week for most of the eastern two-thirds of the U.S.
Budged
Articles from Budged
S&P: U.S. Gas Prices Pressured for 12-24 Months
U.S. natural gas prices will remain under pressure for one to two more years because ample gas supplies haven’t budged despite a cold winter, and consumption has failed to keep pace with the economic recovery, a Standard & Poor’s (S&P) credit analyst said Wednesday.
April 4, 2011
S&P: U.S. Gas Prices Pressured for One to Two Years
U.S. natural gas prices will remain under pressure for one to two more years because ample gas supplies haven’t budged despite a cold winter, and consumption is failing to keep pace with the economic recovery, a Standard & Poor’s (S&P) credit analyst said Wednesday.
April 1, 2011
NGI The Weekly Gas Market Report
Industry Struggles to Recover as Cumulative Gulf Shut-In Totals Mount
As shut-in Gulf production barely budged last week, gas industry number crunchers were just beginning to realize the magnitude of the gas supply problem that consumers will face this winter given the damage by Hurricanes Katrina and Rita. Forecasters are predicting that possibly more than 3 Bcf/d of gas production could remain shut in through December, which would put the cumulative total at nearly 500 Bcf of gas by the end of the year.
October 3, 2005
Bentek: 10 Bcf/d of Gas Production Onshore, Offshore TX, LA Remains Shut In
Gulf Coast gas production barely budged Tuesday, according to scheduled gas flows on the region’s major pipelines, Golden, CO-based consulting firm Bentek Energy reported. Scheduled gas production onshore and offshore Texas and Louisiana was even slightly lower on Tuesday than on Monday — 3,749 MMcf/d compared to 3,888 MMcf/d. That’s down from a pre-Katrina level of 13,820 MMcf/d, Bentek said.
September 28, 2005
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
