Fallen

Futures Troll Lower Despite Inline 81 Bcf Storage Build

Unimpressed with the fact that storage refills have officially fallen below last year’s record pace, July natural gas futures values on Thursday probed support for the second day this week as the prompt-month contract recorded a low of $4.698 before closing out the day’s regular session at $4.748, down 5.6 cents from Wednesday’s finish.

June 25, 2010

CFTC vs. FERC in Amaranth Enforcement Case

The enforcement action against fallen hedge fund Amaranth Advisors LLC, some sources say, has apparently spawned either a jurisdictional dispute or just a “concern” between the two federal agencies involved in energy regulation — the Commodity Futures Trading Commission (CFTC) and the Federal Energy Regulatory Commission (FERC).

September 17, 2007

Pace: North American Gas Market Shows Achievement, Not Decline

After years of tight supply/demand balances, high prices and escalating production costs, the North American natural gas market has fallen into a “permanent shortage” mentality not seen for at least 30 years, but the market is actually showing signs of achievement as it transforms itself once again, Pace Global Energy Services said in a report.

August 13, 2007

Pace: North American Gas Market Shows Achievement, Not Decline

After years of tight supply/demand balances, high prices and escalating production costs, the North American natural gas market has fallen into a “permanent shortage” mentality not seen for at least 30 years, but the market is actually showing signs of achievement as it transforms itself once again, Pace Global Energy Services said in a report.

August 10, 2007

August Futures Rebound Nearly 30 Cents on Short-Covering

Traders reversed course in a big way Tuesday as August natural gas futures — which had fallen by $1.65 from June 15 through July 9 — sprung higher Tuesday in a fierce round of short-covering. The prompt month hit a high of $6.710 before settling at $6.699, up 28.9 cents from Monday’s close.

July 11, 2007

Raymond James: Production May Have Fallen in 3Q Despite Drilling Boom

Based on a third quarter production survey, which showed a 3.1% year-over-year decrease and a 1.5% sequential production drop, analysts at Raymond James & Associates believe domestic gas production decline rates actually accelerated during the quarter rather than slowed. And this may have happened despite a nearly 30% increase in drilling since late last year.

November 17, 2003

Raymond James: Production May Have Fallen in 3Q Despite Drilling Boom

Based on a third quarter production survey, which showed a 3.1% year-over-year decrease and a 1.5% sequential production drop, analysts at Raymond James & Associates believe domestic gas production decline rates actually accelerated during the quarter rather than slowed. And this may have happened despite a nearly 30% increase in drilling since late last year.

November 11, 2003

North American 3Q Gas Production Estimated to be Down 4.6% Over 3Q01

North American natural gas volumes appear to have fallen 1.4% sequentially and 4.6% over levels for the same period a year ago, according to Lehman Brothers analyst Thomas R. Driscoll. Using final production numbers from 43 Lower 48 and 14 Canadian producers, Driscoll estimated that U.S. production for 2002 will be down 5%-6% over a year ago, while Canada will have a 2.5% drop in production from 2001 levels.

November 18, 2002

North American 3Q Gas Production Estimated to be Down 4.6% Over 3Q01

North American natural gas volumes appear to have fallen 1.4% sequentially and 4.6% over levels for the same period a year ago, according to Lehman Brothers analyst Thomas R. Driscoll. Using final production numbers from 43 Lower 48 states and 14 Canadian producers, Driscoll estimated that U.S. production for 2002 will be down 5%-6% over a year ago, while Canada will have a 2.5% drop in production from 2001 levels.

November 18, 2002

Good Risk/Reward for Market Longs

If the assessment of a leading industry observer is correct, natural gas prices have fallen to the point where the potential for upside price movement is sufficiently greater than the risk of further declines.

September 3, 2002