Common

The natural gas industry was surprised Wednesday when President Obama cited natural gas as an issue that both Republicans and Democrats could find common ground on in the 112th Congress.

Analysts who have been predicting that a wave of liquefied natural gas (LNG) is coming to U.S. shores have more than a little in common by now with “the boy who cried wolf.” Still, market watchers at Barclays Capital and elsewhere are saying next year is the year that more global liquefaction capacity will come online and flood the Atlantic Basin with supplies.

Analysts who have been predicting that a wave of liquefied natural gas (LNG) is coming to U.S. shores have more than a little in common by now with “the boy who cried wolf.” Still, market watchers at Barclays Capital and elsewhere are saying next year is the year that more global liquefaction capacity will come online and flood the Atlantic Basin with supplies.

Exelon Corp. increased its all-stock offer for NRG Energy by 12.4% last Thursday, upping its bid to a fixed exchange ratio of 0.545 of Exelon common stock for each NRG share from the previously offered ratio of 0.485. The deal is now worth about $7.75 billion. The richer offer comes after Exelon dug deeper to find cost synergies, including in the Reliant Energy retail business, which NRG recently acquired.

Current state regulatory programs for water and environmental resource protection vary in scope and specificity, but they invariably have common elements in place to ensure oil and natural gas resources are developed in a way designed to protect water resources, the Ground Water Protection Council (GWPC) said in a new report.

The common thinking of natural gas futures traders and analysts appears to be that the market is priming for an upward reversal followed by an extended stretch run of buying; however, the timing of the switch is still anyone’s bet. Until the rebound begins, some industry experts believe the downside is still open on a limited basis, which April natural gas futures tested once again on Monday.

Plans to combine northern Alberta and British Columbia (BC) into a natural gas common market are coming together on schedule, thanks to simultaneous regulatory and industry decisions.

Plans to combine northern Alberta and British Columbia (BC) into a natural gas common market are coming together on schedule, thanks to simultaneous regulatory and industry decisions.

Triple-digit losses were common in the Midcontinent and West, while CenterPoint-East traded as low as 20 cents and averaged less than a dollar, as all points took a dive Friday. Prices were dragged lower by moderate mid-fall weather either in place or approaching in many areas, the previous day’s plunge of 34.7 cents by December futures and the drop of industrial load associated with a weekend.