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Aided by moderate screen weakness the prior day, cash point averages on Thursday for Friday delivery came off a couple of pennies at a majority of locations with one point apiece in the Northeast, Texas, Rockies and the West shedding a dime while Dawn in the Midwest dropped 20 cents.

Senate Agriculture Committee Chair Blanche Lincoln (D-AR) Friday came out with a much-anticipated bill aimed at reining in commodities market speculation by forcing over-the-counter (OTC) derivative trades onto regulated exchanges and clearinghouses. As expected, it would include an exemption for large commercial traders who use derivatives to hedge the risk associated with trading of physical products.

Senate Agriculture Committee Chair Blanche Lincoln (D-AR) Friday came out with a much-anticipated bill aimed at reining in commodities market speculation by forcing over-the-counter (OTC) derivative trades onto regulated exchanges and clearinghouses. As expected, it would include an exemption for large commercial traders who use derivatives to hedge the risk associated with trading of physical products.

Senate Agriculture Committee Chair Blanche Lincoln (D-AR) Friday came out with a much-anticipated bill aimed at reining in commodities market speculation by forcing over-the-counter (OTC) derivative trades onto regulated exchanges and clearinghouses. As expected, it would include an exemption for large commercial traders who use derivatives to hedge the risk associated with trading of physical products.

Two more components of the global liquefied natural gas (LNG) supply infrastructure recently came online, adding liquefaction and regasification capacity.

Other than some chill in the South, it was hard to tell where the impetus for higher numbers at most points came from Tuesday. Regardless, a large majority of the market was up as prices managed to stave off the effect of spring-like weather for at least one more day.

Other than some chill in the South, it was hard to tell where the impetus for higher numbers at most points came from Tuesday. Regardless, a large majority of the market was up as prices managed to stave off the effect of spring-like weather for at least one more day.

BP plc has expanded its North American natural gas holdings by acquiring a stake in the Eagle Ford Shale in South Texas. The news came during a BP strategy meeting last week with top management and financial analysts (see related story).

BP plc officials confirmed Tuesday that the company has acquired a stake in the Eagle Ford Shale in South Texas. The news came during a BP strategy meeting with top management and financial analysts (see related story).