Delivery

Cash Slips On Mild Weather, But Futures Swoon On Storage Stats

Physical natural gas values fell an average of approximately 8 cents Thursday for Friday delivery as the retreat was in full swing prior to the release of Energy Information Administration (EIA) storage data.

June 7, 2013

Broad Weakness Tugs at Cash Prices, But Futures Shoot Higher

Physical gas prices for weekend and Monday delivery overall fell 12 cents Friday as cash market traders played catch-up with Thursday’s 14-cent futures losses.

May 20, 2013

Physical Gas Posts Broad Advance; Futures Add to Late Friday Gains

Natural gas cash prices jumped an average 15 cents Monday for Tuesday delivery as a strong screen provided a firm platform for buyers, and utilities commenced with early summer buying. The advance was widespread and nearly every point posted double-digit gains. A handful of locations were up by 20 cents or more.

April 30, 2013

Broad Gains Trump Northeast Declines; Futures At New Highs

Gas for delivery over the weekend and Monday rose on average 4 cents Friday. Double-digit declines at some Northeast points were easily overcome by broad regional strength, and only a handful of locations showed losses.

April 15, 2013

BP Now ‘Carefully Pruned,’ Readying for Growth, Says Dudley

BP plc Group CEO Bob Dudley on Thursday said 2013 will be a “year of execution,” to build financial reserves, followed by a “year of delivery” as it prepares to launch a portfolio of 45 major upstream projects to 2020.

April 15, 2013

BP Now ‘Carefully Pruned,’ Readying for Growth, Says Dudley

BP plc Group CEO Bob Dudley on Thursday said 2013 will be a “year of execution,” to build financial reserves, followed by a “year of delivery” as it prepares to deliver a portfolio of 45 major upstream projects to 2020.

April 12, 2013

Northeast, Midwest Opt Out of Cash Gains; Futures Soar

Physical natural gas prices on average for weekend and Monday delivery added a couple of pennies Friday as gains throughout a majority of the country overcame some losses in the Midwest, Great Lakes and Northeast. Seesawing weather conditions were expected to result in Monday temperatures slightly to much above normal in the Midwest.

April 8, 2013

Midwest Ripped by Cold, Snow, Yet Cash, Futures Ease

Thanks to volatile Northeast gas prices, the national average for physical natural gas traded Thursday for Friday delivery dropped nearly 50 cents.

February 22, 2013

West Texas NGL Pipeline Enters Service Early

The Lone Star West Texas Gateway NGL (natural gas liquids) Pipeline has entered service, transporting NGLs from the Permian and Delaware basins in West Texas to Mont Belvieu, TX, project partners Energy Transfer Partners LP (ETP) and Regency Energy Partners LP said Tuesday.

December 5, 2012

SoCal Paces Broad Advance; Futures Float Higher

U.S. natural gas cash prices on Monday for Tuesday delivery gained about 20 cents on average, making up just about all of Friday’s decline. The gains were widespread and cool weather forecast to grind its way east along with a firmer screen were all the motivation buyers needed. The Mid-Atlantic and West Coast posted the most notable gains. At the close of futures trading December had risen 6.7 cents to $3.570 and January was higher by 6.1 cents to $3.695. December crude oil eased 50 cents to $85.57/bbl.

November 13, 2012