Economy

More steel and less paper would make for a stronger U.S. economy, and the energy industry is poised to contribute to an industrial renaissance that would bring such change about for the benefit of all, Alcoa Inc.’s David Ciarlone told a GasMart 2010 audience in Chicago earlier this month.

More steel and less paper would make for a stronger U.S. economy, and the energy industry is poised to contribute to an industrial renaissance that would bring such change about for the benefit of all, Alcoa Inc.’s David Ciarlone told a GasMart 2010 audience in Chicago last week.

“Terrific” may not be the first word that comes to mind when describing the economy in 2009, but for investors in natural gas and oil stocks, last year was absolutely divine, with nearly 85% of the stocks in the global market delivering positive returns, according to a report issued last week by energy research firm IHS Herold.

“Terrific” may not be the first word that comes to mind when describing the economy in 2009, but for investors in natural gas and oil stocks, last year was absolutely divine, with nearly 85% of the stocks in the global market delivering positive returns, according to a report issued Monday by energy research firm IHS Herold.

Congress and the Obama administration should support renewable as well as traditional sources of energy as the nation transitions to a low-carbon economy, Business Roundtable, a group of CEOs of U.S. companies, said last Wednesday.

Congress and the Obama administration should support renewable as well as traditional sources of energy as the nation transitions to a low-carbon economy, Business Roundtable, a group of CEOs of U.S. companies, said Wednesday.

While there are still signs of a slowed economy, for the most part major natural gas infrastructure projects in the West are still on target, albeit on a slightly smaller scale or delayed timetable, according to comments last week from executives for El Paso Natural Gas and Kern River Gas Transmission Co.

While there are still signs of a slowed economy, for the most part major natural gas infrastructure projects in the West are still on target, albeit on a slightly smaller scale or delayed timetable, according to a panel of project representatives who spoke Tuesday at the LDC Gas Forum: West & Rockies conference in Irvine, CA.

September natural gas futures stretched their losing streak to five for the week on Friday but relative to the economy-dependent crude oil market fared reasonably well.