Foreseeable

Natural gas and oil prices are on separate paths and liable to keep on diverging for the foreseeable future, according to Canada’s National Energy Board (NEB).

Natural gas and oil prices are on separate paths and liable to keep on diverging for the foreseeable future, according to Canada’s National Energy Board (NEB).

ConocoPhillips CEO Jim Mulva said it’s unlikely the company will pursue any significant acquisitions or consider any merger opportunities for the foreseeable future.

ConocoPhillips CEO Jim Mulva said it’s unlikely the company will pursue any significant acquisitions or consider any merger opportunities for the foreseeable future.

Arizona regulators are warning customers about higher retail natural gas bills this winter and the prospect of historically high charges for natural gas for the foreseeable future. The five-member elected Arizona Corporation Commission (ACC) put its collective thoughts in an editorial distributed to news media throughout the state last Monday.

Calling the increase in natural gas demand “phenomenal” both nowand for the foreseeable future, Simmons & Co. InternationalVice President David Pursell predicted it is “unlikely” thatproducers will see gas prices return anywhere near to $2 for atleast three to five years. He said $2 prices were “in the rear viewmirror” for gas producers.