Evidence

Futures Tick Higher to Give Bulls Glimmer of Hope

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.

August 19, 2004

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.

May 31, 2004

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.

May 26, 2004

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

May 3, 2004

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

May 3, 2004

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.

December 8, 2003

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.

December 2, 2003

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.

November 10, 2003

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.

June 23, 2003

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.

June 23, 2003