At the dawn of the shale age, “location, location, location” matters as much to natural gas storage projects as it ever did. But robust supplies from shales have helped deflate the New York Mercantile Exchange (Nymex) forward curve, leaving storage developers to ask, “Where did my spread go?”
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Gas Storage Awaits Volatility’s Return
At the dawn of the shale age, “location, location, location” matters as much to natural gas storage projects as it ever did. But robust supplies from shales have helped deflate the New York Mercantile Exchange (Nymex) forward curve, leaving storage developers to ask, “Where did my spread go?”
October 20, 2010
Merger, Project Deflate Columbia’s Earnings
Higher interest expenses and new costs related to a fiber opticsproject sent third quarter earnings for Columbia Energy Groupdownward, failing to measure up forecasts by First Call/ThomsonFinancial analysts, who had expected higher earnings. Herndon,VA-based Columbia reported income of $19.5 million, or 24 cents pershare, with analysts forecasting earnings of 29 cents per share.
October 17, 2000
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