Burns

Strengthening Cash Prices Reflect Arrival of Summer Heat, Propel Natural Gas Futures

Strengthening Cash Prices Reflect Arrival of Summer Heat, Propel Natural Gas Futures

Natural gas futures eked out a narrow gain on Monday despite shifts in weather forecasts and continued reminders of robust supplies. Following a 9.8-cent loss Friday, the July Nymex gas futures contract picked up 1.2 cents day/day and settled at $2.266/MMBtu, bolstered by strength in cash markets. August advanced a half-cent to $2.336. At A…

June 12, 2023

No Letup in Power Burns; October Seen A Penny Higher

October natural gas is expected to open a penny higher Tuesday morning at $2.92 as traders reassess higher power burns and what may be a realignment of supply and demand going forward. Overnight oil markets plunged.

September 13, 2016

House Burns Midnight Oil with Energy Bill

House lawmakers worked into the night Wednesday, vigorously debating the Republican-focused omnibus energy bill, with GOP legislators touting the environmental, conservation and supply features of the packed energy initiative, while Democrats assailed the $33 billion in tax credits being offered to producers. Because debate was expected to last 12 hours, Capitol Hill observers did not expect a final vote until late Wednesday at the earliest.

August 2, 2001