Cases

All Points Fall as April Swing Trading Comes to End

The downhill slope for late-April swing prices got even slipperier in many cases Tuesday. In a delayed response to the expiration-day plunge in May futures and cognizant of the dearth of weather-related load in virtually every market, month-ending prices fell between about a dime and more than half a dollar, with San Juan gas again joining the Rockies in taking the biggest hits.

April 30, 2003

Canadian Aboriginals Seek More Government Involvement in Land Use Cases

While a breakthrough in aboriginal relations is about to dismantle a long-standing political obstacle against natural gas production and pipeline development in the Northwest Territories, the Canadian government and the industry stand warned that the problem of accessing native territory and rights could escalate.

April 14, 2003

Canadian Aboriginals Seek More Government Involvement in Land Use Cases

While a breakthrough in aboriginal relations is about to dismantle a long-standing political obstacle to natural gas production and pipeline development in the Northwest Territories, the Canadian government and the industry stand warned that the problem of accessing native territory and rights could escalate.

April 14, 2003

Snowy Rockies Relatively Firm; Most Points Fall 10-25 Cents

In most cases the cash market was giving back Tuesday about as much or more than it had realized in Monday’s gains. Losses ranged from minimal in the Rockies to about 40 cents or so. Those in the range of 10-25 cents were in the majority.

March 19, 2003

Cash Prices Continue to Soar, But May Be Peaking

The cash market pushed on to new heights in most cases Tuesday, spurred by Nymex matching its all-time open outcry record high of $10.10 — if only fleetingly — and continuing winter weather across most of the U.S. and Canada that was penetrating even farther south to Houston and South Texas. It appeared that a growing near-panic over the adequacy of storage inventories was the primary driving force behind the move higher that brought some new point-specific price records.

February 26, 2003

New England Spikes Lead Advance in Cash Prices

Prices rose across the board Wednesday between about a dime and 30 cents in most cases, fueled by the approach of cold fronts in the Northeast and Midwest and feeding somewhat off the previous day’s screen gain of nearly 20 cents. New England citygates were overachievers with upticks approaching half a dollar.

January 9, 2003

Warmer Weather Pushes All Non-Rockies Prices Lower

In a market practically mandated by the weather forecasts, non-Rockies prices dropped by double-digit amounts in nearly all cases Friday. A winter storm approaching the upper Rocky Mountains from Northern California and the Pacific Northwest boosted area load enough to keep most Rockies points flat to mildly lower and even raise numbers at the highly temperature-sensitive Cheyenne Hub.

November 11, 2002

Prices Still Rising as Cold Spreads, But Uptick Pace Slows

Prices were still moving higher in most cases Tuesday, but generally at a slower pace than on the day before. Markets as disparate as citygates in Florida and the Northeast, San Juan Basin and the Pacific Northwest/Western Canada were still seeing double-digit gains of up to about a quarter, with Algonquin citygates averaging a little more than $5. But a majority of points ranged from flat to up about a dime, with gains of a nickel or less prevalent.

October 30, 2002

Prices Flatten Out in Most Cases for Second Time in Week

Much like on Tuesday, most of the cash market tended to level off Thursday. Unlike Tuesday’s trading that brought an upturn largely to a halt, however, Thursday’s numbers arrested a price slide. With a modest bias to the downside, nearly all points ranged from flat to up or down about a nickel Thursday. Only San Juan-Blanco’s drop of about a dime broke the overall price mold.

October 18, 2002

Prices Up Mildly as New Depression Forms in Gulf

Prices ranged from flat to about a dime higher in nearly all cases Thursday. Most gains were generally small at around a nickel or less. Only San Juan Basin and Iroquois Zone 2 recorded marginal losses of 2-3 cents.

September 6, 2002