Much of the market seemingly was put on hold Tuesday as flat to slightly higher numbers prevailed. Tropical Storm Chantal continued to recede as a potential threat to Gulf production, and hot weather demand remained generally light outside the Texas-Louisiana Gulf Coast and Midcontinent areas. Mostly, though, the market was reported as very quiet as the trading community awaited this afternoon’s first release of new AGA storage data since last week’s bombshell of a low volume.
Flat
Articles from Flat
Storm Threat Discounted in Moderate Cash Softening
Prices ranged from essentially flat to down about 15 cents at Malin Monday. Apart from Malin, all other declines were generally a dime or less. Weather fundamentals remained weak in the northern market areas and Tropical Storm Chantal was getting little credence as a serious threat to Gulf of Mexico production for the time being. Those factors and screen weakness accounted for much of the post-weekend cash softening, sources said.
August 21, 2001
Prices Fall in East, Rebound Strongly in Hot West
Eastern prices ranged from flat to down as much as a quarter Monday, with most points registering declines between a nickel and about 15 cents. But western markets tended to rebound strongly as hot weather and higher power prices gave a boost to gas.
July 3, 2001
Mixed Signals Leave Futures Flat Ahead of Weekend
Trading inside the range established on Wednesday and Thursday, natural gas futures checked mostly sideways Friday as light short covering ahead of the weekend was met with an almost equal amount of overhead selling. The July contract finished at $3.93, up 1.6 cents on the day, but down 10.3 cents for the week.
June 4, 2001
Western Spikes Lead Overall Post-Weekend Rally
Prices came out of the weekend ranging from flat to moderately higher at nearly all eastern points Monday. Much bigger increases, including triple-digit ones in California, reigned in the West, a region that was experiencing weather extremes Sunday and Monday.
May 22, 2001
El Paso: Production Is Flat Despite Record Rigs, LNG Is the Future
With North American natural gas supply remaining stagnant at about 71 Bcf/d over the last five years, and an estimated 109 Bcf/d of supply expected to be necessary by 2015, El Paso Chairman William A. Wise says the time for liquefied natural gas (LNG) has come.
April 2, 2001
Gas-fired Plants Still Growing, Reach All-time High at 305,000 MW
Despite high natural gas prices and reports of flat production throughout North America over the last five years, gas-fired electric generation in operation, construction or development reached a new all-time record in the month of March, according to a new report by Energy Ventures Analysis Inc (EVA). With the help of new projects announced within the last three months, gas-fired generation topped 305,000 MW.
April 2, 2001
Gas-fired Plants Still Growing, Reach All-time High
Despite high natural gas prices and reports of flat productionthroughout North America over the last five years, gas-firedelectric generation in operation, construction or developmentreached a new all-time record in the month of March, according to anew report by Energy Ventures Analysis Inc (EVA). With the help ofnew projects announced within the last three months, gas-firedgeneration topped 305,000 MW.
March 29, 2001
El Paso: Production Is Flat, LNG Is the Future
With North American natural gas supply remaining stagnant atabout 71 Bcf/d over the last five years, and an estimated 109 Bcf/dof supply expected to be necessary by 2015, El Paso ChairmanWilliam A. Wise says the time for liquefied natural gas (LNG) hascome.
March 28, 2001
Anadarko Chief Sees Slow or No Production Growth
Like other producers last week who pointed to flat growth (seerelated story) despite ramped up exploration and productionprograms, Anadarko Energy Services president Richard Sharplespredicted U.S. domestic gas production may rise only slightly thisyear.
February 20, 2001
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
