Prices rose again at most points Tuesday as the spread of hotter weather was buttressed by the previous day’s 20.9-cent increase by July futures. However, the strength of Tuesday’s numbers was considerably subdued; whereas nearly all of Monday’s gains had been in double digits, most of them were a dime or less Wednesday.
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Articles from Buttressed
Amaranth Gets Unlikely Allies in Dispute Over FERC Jurisdiction
Buttressed by support from a coalition of futures market associations that include the New York Mercantile Exchange (Nymex), Amaranth Advisors LLC last Wednesday again asked a New York district court to stay a FERC enforcement action against it until a parallel case by the Commodity Futures Trading Commission (CFTC) is completed.
Futures Group, Amaranth Say CFTC Holds Sway in Manipulation Case
Buttressed by support from a coalition of futures market associations, including the New York Mercantile Exchange (Nymex), Amaranth Advisors LLC on Wednesday again asked a New York district court to stay a FERC enforcement action against it until a parallel case by the Commodity Futures Trading Commission (CFTC) is completed.
AGA, APGA Lend Support to FERC’s Transparency Revisions
In separate filings Wednesday, the American Gas Association (AGA) and the American Public Gas Association (APGA) buttressed each other’s comments and said they generally support — with a few qualifiers — the proposed rulemaking by FERC to revise the transparency regulations for wholesale natural gas transporters and sellers (see Daily GPI, April 20).