Despite modestly weaker futures guidance (down 2.6 cents on the previous Friday), the cash market recovered to a large extent Monday from major softness late last week. Gains highly dominated numbers that seldom varied more than a few pennies up or down from unchanged.
Extent
Articles from Extent
Fracking Chemicals Website to Launch Next Monday
Two multi-state organizations, with the help of oil and gas companies, are preparing to launch a website Monday that will provide the public with a comprehensive list of chemicals used in hydraulic fracturing.
Pennsylvania Business Owner Charged with Dumping Wastewater
The state of Pennsylvania has filed criminal charges against a Greene County business owner for allegedly dumping millions of gallons of wastewater — including Marcellus Shale drilling fluids — into local streams.
Prices Stabilize Near Flat; Firmness Quite Dominant
It likely surprised more than one trader to see the extent of recovery Monday from the major losses at all points on the preceding Friday, especially since near-term weather influences continued to be mostly benign. However, some may have eyed forecasts getting colder in several areas toward the end of the week. The return of industrial load from weekend recess also was a modest bullish factor.
Animated Maps Show Marcellus Up Close and Personal
The pace and extent of development in the Pennsylvania portion of the Marcellus Shale now may be “seen” in animated maps produced by the Penn State Marcellus Center for Outreach and Research, officials said Tuesday.
Marcellus Shale Called Emerging Threat to Chesapeake Bay
An action plan to improve the health of the Chesapeake Bay and the Susquehanna River watershed, including some activities that focus on the impact of drilling for natural gas in the Marcellus Shale, is under way by federal officials.
NGLs: Not Just a By-Product; Too Much of a Good Thing?
As natural gas producers continue to turn their efforts to high-Btu gas shale plays, it remains to be seen whether the resulting production growth of natural gas liquids (NGL) can be accommodated by existing and planned processing and fractionation capacity, not to mention demand from the petrochemical industry.
Louisiana Expands Water Contamination Tests Linked to Gas Drilling
The Louisiana Department of Environmental Quality (DEQ) on Tuesday expanded its investigation to determine the extent of natural gas contamination in area water wells.
Louisiana Expands Water Contamination Tests Linked to Gas Drilling
The Louisiana Department of Environmental Quality (DEQ) on Tuesday expanded its investigation to determine the extent of natural gas contamination in area water wells.
Futures Weakness Pushes Cash Lower as Expected
Although heating load remains fairly strong across Canada and most of the northern half of the U.S. (and to some extent in parts of the South), the 29.2-cent downturn by November futures a day earlier had its expected effect of dragging most cash prices lower Wednesday.