Dearth

Weak Influences Gang Up to Depress All Points

Prices fell across the board Friday as the continuing dearth of either heating or cooling load, the previous day’s 9-cent futures drop and the usual weekend dip of industrial demand combined to soften the cash market. The lack of any credible tropical storm threat to offshore production was another bearish factor.

October 4, 2010

Mild Northern Weather Pushes Most Points Lower

The cash market succumbed to a growing dearth of cooling load in the Midwest, Northeast and Canada by dropping at most points Tuesday. It also felt negative pressure from the previous day’s 16.1-cent decline by August futures.

July 1, 2009

Heating Load Still Light, But Price Surge Continues

Prices continued to rise at virtually all points Monday despite a relative dearth of significant heating load. Yes, there were still some forecasts of low temperatures around freezing or less for Tuesday in the Northeast, Upper Plains, Rockies and Alberta, but those are largely taken for granted and lightly regarded in late March.

March 24, 2009

Most Points Rise, Defying Negative Influences

The cash market shrugged off major futures weakness a day earlier and a continuing dearth of significant weather-based load by recording gains at a majority of points Tuesday.

October 1, 2008

Shell’s Eisbrenner Sees High Prices Dominating World LNG Market

U.S. liquefied natural gas (LNG) buyers who are disappointed at the dearth of spot cargoes available on the world market have but one consolation: If they could get a spot cargo, they probably couldn’t afford it.

May 26, 2008

Eisbrenner: U.S. ‘Will Need to Compete’ for Its LNG

U.S. liquefied natural gas (LNG) buyers who are disappointed at the dearth of spot cargoes available on the world market have but one consolation: If they could get a spot cargo, they probably couldn’t afford it.

May 22, 2008

Softness Continues for Most of Cash Market

A dearth of cooling load in the East trumped futures support from last Friday in causing most points to continue falling Monday. However, nearly all of the West, which is where the lion’s share of 90-degree-plus weather is currently in residence, was joined by a few eastern points in ranging from flat to about 35 cents higher.

July 3, 2007

Rockies Plunges Lead Overall Moderate Softness

Depressed by a dearth of weather-based demand and given negative guidance by two previous days of futures losses, the cash market continued to see mixed price movement Wednesday that nevertheless signaled growing weakness. The impressive Rockies spikes of Tuesday gave way to even larger losses in most cases Wednesday, while most other points recorded considerably more moderate declines.

May 24, 2007

Lessons of 2005 Hurricane Season Still Being Digested

Despite a dearth of hurricane activity in 2006, speakers on a storm preparedness panel at the Offshore Technology Conference (OTC) in Houston last week still had plenty to talk about. After all, the industry remains on the mend from the momentous 2005 hurricane season and digesting the lessons learned from the one-two punch of hurricanes Katrina and Rita.

May 7, 2007

Lessons of 2005 Hurricane Season Still Being Digested

Despite a dearth of hurricane activity in 2006, speakers on a storm preparedness panel at the Offshore Technology Conference (OTC) in Houston Tuesday still had plenty to talk about. After all, the industry remains on the mend from the momentous 2005 hurricane season and digesting the lessons learned from the one-two punch of hurricanes Katrina and Rita.

May 2, 2007
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