The increasing lack of weather-based demand weighed even more heavily on the cash market Friday, with prices falling at a large majority of points. And unlike the single-digit changes that had prevailed through Thursday last week, most of Friday’s losses exceeded a dime. The previous day’s futures drop of 12.3 cents was an additional negative influence on cash quotes.
Falling
Articles from Falling
Gas Trading Outlook ‘Good,’ Investment Pundit Says
With natural gas demand and prices falling and U.S. inventories at their second-highest levels ever, gas exchange traded funds (ETF) are still looking bullish, according to Tom Lydon, a Newport Beach, CA-based investment consultant with Global Trends Investments.
April 20, 2009
Natural Gas Trading Outlook ‘Good,’ Investment Pundit Says
With natural gas demand and prices falling and U.S. inventories at their second-highest levels ever, gas exchange traded funds (ETF) are still looking bullish, according to Tom Lydon, a Newport Beach, CA-based investment consultant with Global Trends Investments.
April 16, 2009
Transportation Notes
Citing forecasts of falling temperatures and windy conditions, Northern Natural Gas will implement a System Overrun Limitation in all market-area zones (ABC, D and E/F) Tuesday. No System Management Service will be available, Northern said.
March 10, 2009
Gas to Suffer if Washington Hunts for Revenues with ‘Bazooka’
The Obama administration’s proposed $30 billion tax hike on producers, coming at a time of falling prices and rising capital costs, could spell disaster for the natural gas market and impede the transition to renewable fuels, said energy analysts at Wachovia Capital Markets LLC.
March 4, 2009
CenterPoint: Shale Production Overtaking Traditional Basins
Drilling and production in traditional basins is falling off, but the amount of gas coming out of wells in shale areas is more than making up the difference, according to CenterPoint Energy CEO David M. McClanahan.
March 2, 2009
Energy Deals Sizzle in ’08, but Values Fizzle by Year End
Last year’s global natural gas and oil transactions hit a record, but the late-year financial crisis and falling economic conditions resulted in a considerable reduction in the total value of transactions by year’s end, PricewaterhouseCoopers LLP (PwC) reported last week.
March 2, 2009
CenterPoint: Shale Production Overtaking Traditional Basins
Drilling and production in traditional basins is falling off, but the amount of gas coming out of wells in shale areas is more than making up the difference, according to CenterPoint Energy CEO David M. McClanahan.
February 26, 2009
EOG CEO Sees 4.3% Decline in U.S. Gas Output in 2009
U.S. natural gas production will begin to fall by mid-year and be down 2.5 Bcf/d by year’s end, or 4.3% below 2008’s output, EOG Resources Inc. CEO Mark Papa said Thursday.
February 9, 2009
EOG CEO Sees 4.3% Decline in U.S. Gas Output in 2009
U.S. natural gas production will begin to fall by mid-year and be down 2.5 Bcf/d by year’s end, or 4.3% below 2008’s output, EOG Resources Inc. CEO Mark Papa said Thursday.
February 6, 2009
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