Energy analysts at Raymond James & Associates Inc. on Monday cut their natural gas price forecast through the rest of the year on the “reasonable chance” that U.S. gas prices could fall to $5/Mcf or lower over the next two months because of bloated storage levels.
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MDA EarthSat Energy Weather Sees Cool West, Warm East
While the East and Midcontinent are expected to see warmth during April and May, there is a good chance that increased volatility will continue during the two-month period, according to MDA EarthSat Energy Weather, which released its updated 30/60-day outlook on Wednesday.
Futures Rally Late Despite Forecasted Warming Trend
As moderating temperature forecasts remained unconfirmed, January natural gas futures took the chance to test their surroundings. After putting in a $13.380 low in morning trade, the prompt month rebounded in the afternoon, jumping more than 40 cents in the final hour of trading to close at $14.043, up 42 cents from Friday’s close.
Senate Battle over Judicial Nominations Could ‘Upset’ Chances for Energy Bill
If Senate Republicans vote to abolish filibusters for judicial nominations, it will “upset any chance for an energy bill soon” to emerge from the chamber, said a noted Washington, DC journalist and author last Wednesday.
Senate Battle over Judicial Nominations Could ‘Upset’ Chances for Energy Bill
If Senate Republicans vote next week to abolish filibusters for judicial nominations, it will “upset any chance for an energy bill soon” to emerge from the chamber, said a noted Washington, DC journalist and author Wednesday.
Natural Gas-Powered Honda + Home Refueler Hits CA Market
Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).
Natural Gas-Powered Honda + Home Refueler Hits CA Market
Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).
Panelists Question Whether FERC Screens Eliminate Market Power Possibility
There’s a chance that power companies could successfully pass interim generation market power tests adopted last year by federal energy regulators and yet still have the potential ability to wield market power, FERC staff and Commissioners were warned at an all-day technical conference last Thursday.
Futures Burst Higher Ahead of Weekend
After exploring lower Thursday on a bearish natural gas storage report, January natural gas futures took the chance to jump back to the high side in Thursday night Access trading and again on Friday. The prompt month settled Friday at $7.457, up 45.7 cents for the day and up 61.4 cents for the week.
CPUC Adopts Aggressive Statewide Efficiency Goals for Gas, Power
Triggered by the state’s “Energy Action Plan” adopted last year and the chance to reduce the number of new power plants needed to be built, the California Public Utilities Commission Thursday adopted new, more stringent energy efficiency goals for the state’s major investor-owned utilities. The cumulative goal is expected to forestall the need for up to five new generating plant’s, according to the program’s chief backer among the five regulators on the CPUC, which adopted the goals on a unanimous vote.