Compensate

Losing a great deal of air conditioning demand in the South — without enough heating load elsewhere to compensate for it — along with a prior-day futures drop of 18.1 cents proved sufficient to reverse the two-day cash market advance that began this week. Quotes were down in a large majority of the cash market Wednesday.

Losing a great deal of air conditioning demand in the South — without enough heating load elsewhere to compensate for it — along with a prior-day futures drop of 18.1 cents proved sufficient to reverse the two-day cash market advance that began this week. Quotes were down in a large majority of the cash market Wednesday.

A Salt Lake City jury on Wednesday was determining how much EnCana Oil & Gas (USA) Inc. should pay to compensate a New Mexico man who was burned in a natural gas plant explosion in 2004. Following six days of testimony, the EnCana subsidiary on Monday was found 100% liable for the subcontractor injuries.

Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased drilling may not be enough to compensate for the slowdown that began last year, energy executives said last week.

Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased gas drilling may not be enough to compensate for the slowdown that began last year, energy executives said Wednesday.

Alberta’s role as an international natural gas supplier will decline even though its fledgling coalbed methane industry will compensate for dropping conventional production, the province’s chief regulator predicts. In an annual reserves and production review the Alberta Energy and Utilities Board (AEUB) singles out rising home industrial gas demand as the chief cause of the role switch expected over the next 10 years.

Exports to the United States are holding firm as Canadian producers steadily accelerate natural gas drilling to compensate for anticipated depletion of aging reserves.

Exports to the United States are holding firm as Canadian producers steadily accelerate natural gas drilling to compensate for anticipated depletion of aging reserves.

Deregulation and competition continue to spark changes inutility company boards, from increased use of stock to compensatedirectors to growing numbers of directors from the financial fieldto greater frequency of board meetings. These are key findings inthe just-released fourth annual Spencer Stuart Utility Board Index(UI) report, which analyzes the proxy statements of 50 leadingutility companies nationwide. The report focuses on membership andpractices of the nation’s utility boards, and this year highlightsthat many utility boards are becoming more like their counterpartsat Standard &amp Poor 500 companies.