After twice failing to bust through stubborn resistance at$4.48, natural gas futures gave back early session advancesyesterday to finish just about unchanged on the day. A slim loss inthe September contract was more than offset by modest advances inthe out months. While September finished 0.7 cents lower at $4.406,the 12-month strip was up 2.6 cents at $4.099.
Bust
Articles from Bust
Viking Pricing Proposal — A ‘Watershed’ Event or Bust
Based on its own interpretation of FERC’s new policy on capacitypricing, Viking Gas Transmission is seeking authority to chargehigher incremental rates for historically lower-priced capacity asit becomes available on its system without filing a new rate case.Some believe Viking’s proposal – the first of its kind – may proveto be a “watershed” event for the Commission’s still-evolvingpolicies on the pricing of interstate pipeline capacity.
Energy Lenders Slowly Loosening Grip on Dollars
In the wake of last year’s oil bust, energy industry lenders arestill keeping a tighter grip on their money. However indicationsare some banks and investors are starting again to look for placesto put capital in the energy patch.
Lenders Slowly Release Grip on Funds
In the wake of last year’s oil bust, energy industry lenders arestill keeping a tighter grip on their money. However indicationsare banks and others are looking for places to put capital in theenergy patch.
CA Electric Deregulation A Bust for Consumers
One year into electric deregulation, the benefits promisedconsumers by the California legislature have failed to materialize,making monopoly utilities the primary winners in the state’sderegulation game, according to San Francisco-based The UtilityReform Network (TURN), the state’s major utility consumer group.