With dry gas prices continuing to disappoint, the oil and liquids-rich Eagle Ford Shale in South Texas is continuing to draw numerous investors and billions of dollars from near and far, including most recently China’s CNOOC Ltd. (China National Offshore Oil Corp.) in a deal valued at more than $2 billion.
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Colder February to Give Way to Warmer March, WSI Says
March may disappoint those who are still waiting for winter to show up, according to Andover, MA-based WSI Corp. The month is expected to bring more warmer than normal weather for a majority of the U.S., WSI said.
February 22, 2006
Prices Plunge but Traders Find Hope
Although the cash market was set to fall significantly Fridayand did not disappoint, many traders were uniform in theirassertion that it could have been worse. A rising futures screen inthe afternoon combined with a bullish National Weather Service six-to 10-day forecast to cause both late jumps in cash prices andanticipation of further increases this week.
November 8, 1999
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