Feeling

If you’ve gotten the feeling that someone is watching you, you’re not paranoid. The spotlight is on natural gas prices and the lights are only going to get brighter.

As Canada continues its own struggle to refill gas storage, the country’s southern neighbor is feeling the brunt of the impact in the form of severely reduced imports, according to Jefferies & Co. analyst Frank Bracken. For the first week of June, Canadian exports logged their lowest weekly level in six-years.

As Canada continues its own struggle to refill gas storage, the country’s southern neighbor is feeling the brunt of the impact in the form of severely reduced imports, according to Jefferies & Co. analyst Frank Bracken. For the first week of June, Canadian exports logged their lowest weekly level in six-years.

Finally, it was feeling more like spring than winter in nearly all market areas Wednesday, and the predictable market reaction was price declines ranging from barely lower to more than 60 cents, although the most common losses were between a dime and a quarter.

Last week may prove memorable for what it wasn’t, as much as for what it was, when it came to energy companies and the New York Stock Exchange. It was a miserable week, all in all, with the only bright edges seen on Friday, when the shares of most of the merchants and utilities saw a little daylight. Wary investors may have hedged their bets a little, because energy stocks were lower overall than they’ve been in years.

Last week may prove memorable for what it wasn’t, as much as for what it was, when it came to energy companies and the New York Stock Exchange. It was a miserable week, all in all, with the only bright edges seen on Friday, when the shares of most of the merchants and utilities saw a little daylight. Wary investors may have hedged their bets a little, because energy stocks were lower overall than they’ve been in years.

Feeling someone in Washington, DC, is finally listening to them, the 18-state Western Governors Association and its allies applauded the Senate’s adoption of an amendment last Thursday to the proposed energy bill that the governors believe will ensure a “regional role” in the development and enforcement of electricity grid reliability standards. Arizona’s Gov. Jane Dee Hull, chairperson of the Denver-based western governors’ group, called the action “good news for consumers and the industry.”

FERC fortunately hasn’t been the target of any anthrax-laced mail, but it is feeling some of the after-shocks from the scare that has permeated Washington, DC.

The Federal Energy Regulatory Commission fortunately hasn’t been the target of any anthrax-laced mail, but it is feeling some of the after-shocks from the scare that has permeated Washington, DC.