Extremely

Citing forecasts of “extremely cold wind chill factor temperatures,” Northern Natural Gas implemented a System Overrun Limitation for all market-area zones (ABC, D and E/F) Saturday. Allowable System Management Service was set at zero in all three zones.

Two “bullish surprises” arrived this fall: a bit colder than expected temperatures and an “extremely” low level of liquefied natural gas (LNG) imports, which together suggests that Henry Hub prices in early 2008 may inch higher than a year ago.

Two “bullish surprises” arrived this fall: a bit colder than expected temperatures and an “extremely” low level of liquefied natural gas (LNG) imports, which together suggests that Henry Hub prices for the first quarter of 2008 may be higher than a year ago.

Access to oil and natural gas resources has become “extremely difficult,” and where there is access to resources, there is intense competition, ConocoPhillips’ upstream chief said Thursday.

Access to oil and natural gas resources has become “extremely” difficult,” and where there is access to resources, there is intense competition, ConocoPhillips’ upstream chief said Thursday.

EOG Resources Inc. shut in about 50 MMcf/d of its net natural gas output in the Rocky Mountains through September and possibly October because of “extremely low prices,” the CEO said last week.

EOG Resources Inc. shut in about 50 MMcf/d of its net natural gas output in the Rocky Mountains through September and possibly October because of “extremely low prices,” CEO Mark Papa said Tuesday.

BP is “extremely disappointed with where we are at right now in Alaska,” Lee Lunde, senior vice president of BP Canada Energy, said Thursday, commenting on the progress of legislation proposed by the new Alaska governor to spur construction of a natural gas pipeline going south to the Lower 48.

June natural gas futures traded in an extremely tight 12-cent range Wednesday, further highlighting the market’s recent directionless pattern. Trading between $7.610 to $7.730, the prompt month ended up closing 8.3 cents higher at $7.720, breaking the week’s two-day string of lower closes.