Confirming

In confirming that Wall Street is embracing natural gas in the transportation fueling sector, an investment banker and major energy and automotive stakeholders agreed that for the most part natural gas vehicles (NGV) aren’t a “science project” anymore, the bulk of their research and development work has been completed, the experts said as part of a wide-ranging panel discussion Thursday at the ACT Expo 2012 conference in Long Beach, CA.

February natural gas continued lower Thursday following the release of government inventory figures confirming traders’ estimates of an ever-growing surplus. The front-month contract broke below the $2.409 long-term support level from September 2009.

A business and government alliance is emerging to back TransCanada Corp.’s contested plan to increase Ontario natural gas pipeline service, confirming western producer fear that the scheme caters to eastern consumer desire to shop for U.S. gas supplies.

A business and government alliance is emerging to back TransCanada Corp.’s contested plan to increase Ontario natural gas pipeline service, confirming western producer fear that the scheme caters to eastern consumer desire to shop for U.S. gas supplies.

January natural gas futures fell hard Monday as weather forecasts were adjusted to a slightly warmer outlook, and the Energy Information Administration (EIA) released higher production figures. At the end of the day January futures were down 18.9 cents to $4.210, and February had skidded 17.8 cents to $4.234. January crude oil surged $1.97 to $85.73/bbl.

Before leaving for the holidays, the Senate finally got around to confirming former Iowa regulator John Norris to FERC. The move all but guarantees that the Commission will not run into quorum problems in the New Year.

Before leaving for the holidays Thursday, the Senate finally got around to confirming former Iowa regulator John Norris to FERC. The move all but guarantees that the Commission will not run into quorum problems in the New Year.

Canadian exports show signs of confirming a bleak outlook for the supply side of the natural gas trade by continuing to shrink, a view of the market that is also supported by the latest International Energy Agency (IEA) annual forecast.

Canadian exports show signs of confirming a bleak outlook for the supply side of the natural gas trade by continuing to shrink. This view of the market is also supported by the latest International Energy Agency (IEA) annual forecast.