Breaking a five-session series of lower-lows and lower-highs, the natural gas futures market turned tentatively higher Wednesday as continued and steady end-user buying was enough to meet fund and commercial selling. Modest gains were seen throughout the six-year strip at Nymex and the September contract eked out a 0.9-cent advance to close Wednesday at $5.382.
Evidence
Articles from Evidence
FERC: Traders Not Behind Run-Up in New England Gas Prices in January
The Federal Energy Regulatory Commission found no evidence that manipulative trading practices were behind the run-up in gas prices during the cold snap in the New England markets last January, the head of the agency’s Office of Market Oversight and Investigations (OMOI) told a group of state regulators last Monday.
FERC: Traders Were Not Behind Run-Up in New England Gas Prices in January
The Federal Energy Regulatory Commission found no evidence that natural gas traders were responsible for the run-up in gas prices during the cold snap in the New England markets last January, the head of the agency’s Office of Market Oversight and Investigations (OMOI) told a group of state regulators Monday.
TransCanada Seeks Consortium for Alaska Pipeline Project
Canada’s top natural gas transporter, spurred on by a continuing stream of evidence that new supplies will be needed, has set out to build a coalition big enough to have the political, as well as financial, strength to revive the dormant Alaska pipeline project
TransCanada Seeks Consortium for Alaska Pipeline Project
Canada’s top natural gas transporter, spurred on by a continuing stream of evidence that new supplies will be needed, has set out to build a coalition big enough to have the political, as well as financial, strength to revive the dormant Alaska pipeline project
Raymond James Confident of $5+ Gas Forecast This Winter
Contrary to the gas supply data and predictions of the federal government, overwhelming evidence supports the view that U.S. natural gas production is falling by more than 2% on a year-over-year basis and is unlikely to reverse itself anytime soon, according to analysts at Raymond James & Associates, who express confidence that gas prices will move back over $5 this winter and remain there into next year.
Raymond James Confident of $5+ Gas Forecast This Winter
Contrary to the gas supply data and predictions of the federal government, overwhelming evidence supports the view that U.S. natural gas production is falling by more than 2% on a year-over-year basis and is unlikely to reverse itself anytime soon, according to analysts at Raymond James & Associates, who express confidence that gas prices will move back over $5 this winter and remain there into next year.
Michigan PSC Absolves State on Blackout Cause, Fingers Ohio Events
There is no evidence to suggest that events in Michigan or actions taken by Michigan utilities or transmission operators were factors contributing to the cause of the massive Aug. 14 blackout that rippled across large swaths of the United States and parts of Canada, the Michigan Public Service Commission (MPSC) said in the first comprehensive, state-specific report to be released related to the blackout.
NEB: Canadian Exports to U.S. Fell 8% in March to 301 Bcf
Canada’s National Energy Board released fresh evidence that the turning point in conventional western Canadian supplies has arrived. Despite strong prices and spare capacity on the TransCanada system, the board’s monitoring system has registered the third straight monthly decline in deliveries to the United States.
NEB: Canadian Exports to U.S. Fell 8% in March to 301 Bcf
Canada’s National Energy Board released fresh evidence that the turning point in conventional western Canadian supplies has arrived. Despite strong prices and spare capacity on the TransCanada system, the board’s monitoring system has registered the third straight monthly decline in deliveries to the United States.