Display

Bears Look Past Storage Data, Oil Spike to Send Gas Futures Lower

In a typical display of its ability to shrug off undeniably bullish information, natural gas futures turned lower Wednesday afternoon following the announcement that a whopping 156 Bcf was pulled from underground storage facilities last week. After surpassing its Jan. 17 high of $2.38 to reach a new 5-week high at $2.41, the March contract plummeted 16.5 cents in 25 minutes to finish at $2.245, down 6 cents for the session.

February 14, 2002

Columbia Changes the Picture for NiSource

Explaining that its results display a new seasonality as a result of its acquisition of Columbia Energy Group, NiSource Inc reported a second quarter net loss of $8 million or 4 cents per basic share, compared to net income of $23.4 million or 19 cents per basic share in the second quarter last year.

August 2, 2001

Mild Upticks Cap Full Week of Rising Prices

Friday’s mild firmness wasn’t terribly impressive following thedazzling display of cash price might the day before, but it didmake last week five-for-five on ever-higher quotes each day.

May 22, 2000

Prices Falls Line Up Consistently to Either Side of Nickel

In a remarkably uniform display of softness, prices fell byabout a nickel Tuesday at nearly every point across the board.Rarely has the market been so consistent with the great majority ofdeclines clustered within the range of 3-7 cents and with nogeographical bias.

April 5, 2000

Producers Seek Stay of Order 637’s Price-Cap Waiver

In a rare display of unanimity, major and independent gasproducers last week joined forces to ask FERC to stay the removalof the price caps on short-term capacity release transactions untilOrder 637 undergoes full rehearing at the Commission and in thecourts. The price caps are due to be lifted on March 26.

March 20, 2000

Duke, El Paso Bullish after Strong 3Q

Duke Energy and El Paso Energy proudly put their third quarterearnings on display yesterday, touting improvements in unregulatedservices and downplaying drops in their respective gas transmissionperformances.

October 22, 1999

Gas Industry Itemizes Obstacles to a 30 Tcf Market

In a rare display of unanimity, pipelines and producers lastweek said the federal government’s ban on oil and gas production ona wide swath of public lands – both onshore and offshore – was thebiggest obstacle to supplying the 30 Tcf of gas needed to meet theClinton administration’s proposed global-warming targets.

April 26, 1999

Gas Industry Itemizes Obstacles to a 30 Tcf Market

In a rare display of unanimity, pipelines and producersyesterday said the federal government’s ban on oil and gasproduction on a wide swath of public lands – both onshore andoffshore – was the biggest obstacle to supplying the 30 Tcf of gasneeded to meet the Clinton administration’s proposed global-warmingtargets.

April 22, 1999
1 2 3 Next ›