During a week that saw swings of 20 cents — higher on Monday and lower on Wednesday — February natural gas futures on Friday ended up closing quietly at $4.422, down 1.2 cents from Thursday’s finish but 1.7 cents higher than the previous week’s close.
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Top North American Gas Marketers (Bcf/d)
While economists say the recession has ended and some economic indicators have begun to trend upward, continued weak demand led to another decline in natural gas marketing during the third quarter, with the total volume sold in North America tumbling 4% — nearly 5 Bcf/d — according to NGI’s 3Q2009 Top North American Gas Marketers Ranking. read more
December 20, 2010
Futures Slump Below $4 Despite Calls for Cold
Picking up where the action ended on Wednesday, December natural gas futures on Thursday continued to scout lower price levels. After breaking below $4 and recording a $3.917 low, the prompt-month contract went on to close the regular session at $3.927, down 11.9 cents from Wednesday.
November 12, 2010
Futures Higher Despite Expectations of Another Robust Storage Add
After trading in a range between $3.507 and $3.613 during Wednesday’s regular trading session, November natural gas futures ended up adding 2.6 cents to Tuesday’s rally to close Wednesday at $3.539.
October 21, 2010
Transportation Notes
Pacific Gas and Electric did not extend a two-day systemwide high-inventory OFO beyond Thursday.
September 24, 2010
Transportation Notes
Pacific Gas and Electric ended a systemwide high-inventory OFO Monday on its California Gas Transmission System that had been in effect for the previous two days, but it reinstated one with a 9% tolerance for positive imbalances for Tuesday.
August 31, 2010
Transportation Notes
Pacific Gas and Electric ended a systemwide Stage 2 high-inventory OFO Sunday after it had been in effect for only the previous day, but it then issued a new high-inventory OFO for Tuesday with a 9% tolerance for positive daily imbalances.
August 17, 2010
Transportation Notes
Florida Gas Transmission ended Saturday an Overage Alert Day that had been in effect continuously since July 8.
August 10, 2010
Futures Add 8 Cents, But Market Still Seen as Range-Bound
After trading in another fairly tight trading range of 15 cents on Tuesday, the August natural gas futures contract ended the regular session up 8 cents at $4.590 as traders monitored warmer-than-normal temperatures and some storm activity in the tropics.
July 21, 2010
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