December

Filling in the gap from the last week of December’s low trade, February natural gas ran up to notch a $6.10 high in Friday morning trade before zigzagging for the remainder of the session. Futures appeared a little confused during the session as scattered weather forecasts pointed to cold weather penetrating the East following the weekend. The prompt month ended up settling at $6.001, down 4.8 cents on the day and 14.8 cents lower than Thursday’s $6.149 settle from the previous week.

With December and the onset of the winter natural gas demand season, the more than doubled capacity at Southern California Gas’ key Southern California interconnection, Kramer Junction, is operational but so far it is far from being fully utilized, a utility spokesperson said Friday in response to a NGI inquiry.

With December and the onset of the winter natural gas demand season, the more than doubled capacity at Southern California Gas’ key Southern California interconnection, Kramer Junction, is operational but so far it is far from being fully utilized, a utility spokesperson said Friday in response to a NGI inquiry.

Giving back all of Monday’s gains and then some, December natural gas futures on Tuesday made a second unsuccessful run at breaking through and staying below the psychological $7.00 mark. After reaching a low of $7.05 on the day, the prompt month settled at $7.124, down 31.2 cents.

Giving back all of Monday’s gains and then some, December natural gas futures on Tuesday made a second unsuccessful run at breaking through and staying below the psychological $7.00 mark. After reaching a low of $7.05 on the day, the prompt month settled at $7.124, down 31.2 cents.

The U.S. Winter Outlook for December 2004 through February 2005 continues to call for warmer-than-normal conditions across the entire West and Alaska and cooler-than-normal conditions in the Southeast and Mid Atlantic, according to an update issued Thursday by the National Oceanic and Atmospheric Administration (NOAA). Elsewhere, including the key gas consuming markets in the Midcontinent/Midwest and New England, there are equal chances of above, below and normal temperatures.

The U.S. Winter Outlook for December 2004 through February 2005 continues to call for warmer-than-normal conditions across the entire West and Alaska and cooler-than-normal conditions in the Southeast and Mid Atlantic, according to an update issued Thursday by the National Oceanic and Atmospheric Administration (NOAA). Elsewhere, including the key gas consuming markets in the Midcontinent/Midwest and New England, there are equal chances of above, below and normal temperatures.

The U.S. Winter Outlook for December 2004 through February 2005 continues to call for warmer-than-normal conditions across the entire West and Alaska and cooler-than-normal conditions in the Southeast and Mid Atlantic, according to an update issued Thursday by the National Oceanic and Atmospheric Administration (NOAA). Elsewhere, including the key gas consuming markets in the Midcontinent/Midwest and New England, there are equal chances of above, below and normal temperatures.

The oil service sector ended the year on a strong note, with stocks gaining more than 10% in December, and the rally is expected to continue “along a bumpy path” for the first half of 2004, according to a new report by RBC Capital Markets analysts.