Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.
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Canadians Double Gas Export Revenues
Canadian exporters are well on their way to chalking up their 14th consecutive annual record for natural gas deliveries to the United States, according to records kept by the National Energy Board. Export volumes rose 10% to 2.88 Tcf in the first three-quarters of the gas contract year ending Oct. 31, compared to 2.62 Tcf delivered to the U.S. during the nine-month period of Nov. 1-July 31 in 1999-2000.
Debate Over Price Caps Continues on Capitol Hill
As California suffered through two consecutive days of daytime darkness last week, FERC regulators remained as divided as ever over whether to impose price caps on wholesale power sales in the West to help alleviate the continuing crisis.
Debate Over Price Caps Continues on Capitol Hill
As California was plunged into its second consecutive day ofdaytime darkness on Tuesday, FERC regulators remained as divided asever on whether to impose price caps on wholesale power sales inthe West to prevent continuing blackouts and price hikes thissummer.
AGL Makes Good In Fiscal Third Quarter
AGL Resources’ fiscal third quarter marks the third consecutive quarter the company has exceeded analysts’ predictions. The results also signify the first steadily increasing earnings trend after becoming the first gas utility to completely exit the gas merchant function.
AGL Makes Good In Fiscal Third Quarter
AGL Resources’ fiscal third quarter marks the third consecutivequarter the company has exceeded analysts’ predictions. The resultsalso signify the first steadily increasing earnings trend afterbecoming the first gas utility to completely exit the gas merchantfunction.
Near-Month Futures Soften, Drop a Nickel
After three consecutive days of increasing prices, the next fivenatural gas futures contract months on the New York MercantileExchange each dumped 5-6 cents yesterday, showing a little weaknessand slightly less volatility than average over the past coupleweeks. The downticks illustrate the continued uncertainty regardingthe long-term direction of the market.
Slower Growth Reported By Top 20 Marketers
Despite notching new annual volume records for the fifth consecutive year since NGI started ranking gas marketers, the pace of volume growth among the top 20 North American gas and power marketers has shown some signs of decline.
Slower Growth Reported by Top 20 Marketers
Despite notching new annual volume records for the fifthconsecutive year since NGI started ranking gas marketers, the paceof volume growth in the gas and power marketing businesses hasshown some signs of decline.
Canadian Gas Exporters Set 12th Annual Sales Record
Canadian natural gas exporters set their 12th consecutive annualsales record in the United States during the contract year thatended Oct. 31. Exports climbed to 3.26 Tcf last year, according toa scorecard kept by the National Energy Board. The new recordimproved by 5% on the previous high of 3.1 Tcf set in the 1997-98contract year.