Fails

U.S. exports of natural gas to Mexico will grow as the country’s production fails to keep pace with demand and new pipelines on both sides of the border relieve transport constraints. However, Mexico eventually could come to rely on supply from its share of the Eagle Ford Shale, and U.S. gas could find higher prices overseas through liquefaction and export, Goldman Sachs said last Friday.

December natural gas posted a new low Friday as analysts factored in a continued weak technical picture along with a weather outlook that fails to even hint at seasonally cool temperatures. The number of rigs drilling for gas, however, posted a steep decline. December fell 6.5 cents to $3.584 and January skidded 5.1 cents to $3.696. December crude oil continued its march higher, adding $1.21 to $98.99/bbl.

Public concern over two 40-year-old butane storage tanks operated by a unit of a Houston-based company in San Pedro, CA, fails to recognize the facility’s spotless safety record, the operator maintains.

Arrival of some heating load fails to offset recognition of generally weak weather fundamentals.

While some see doom as the outcome if the United States fails to institute a national policy on carbon dioxide emissions or a renewable portfolio standard for power generation, a cadre of researchers predicts quite the opposite, and it’s mostly thanks to the country’s recently found abundance of natural gas, the role of gas in power generation, and electric vehicles.

While some see doom as the outcome if the United States fails to institute a national policy on carbon dioxide emissions or a renewable portfolio standard for power generation, a cadre of researchers predicts quite the opposite, and it’s mostly thanks to the country’s recently found abundance of natural gas, the role of gas in power generation, and electric vehicles.

Mild weather in Canada and the northern United States fails to halt the continuation of cash advance.

For gas producers, nothing fails like success, it would seem, as prices continue to founder on the strength of robust production out of unconventional plays. With normal weather, the industry will face record inventories at the end of next October, warned Barclays Capital analysts in a note last Wednesday.

For gas producers, nothing fails like success, it would seem, as prices continue to founder on the strength of robust production out of unconventional plays. With normal weather, the industry will face record inventories at the end of next October, warned Barclays Capital analysts in a Wednesday note.