September natural gas is expected to open 2 cents lower Wednesday morning at $2.92 as traders saw Tuesday’s failure to breach $3 as leading to further declines Wednesday. Overnight oil markets eased.
Harvey
Articles from Harvey
Technical Picture Improving But Traders Cautious; September Called 4 Cents Higher
September natural gas is set to open 4 cents higher Tuesday morning at $3 as traders see an improved technical picture and attempt to rationalize unsupportive weather. Overnight oil markets were narrowly mixed.
First North American LNG Marine Fueling Terminal Opens in Louisiana
A longtime operator of offshore towing vessels in the Gulf of Mexico (GOM), a unit of Harvey Gulf International Marine Inc. on Thursday opened North America’s first liquefied natural gas (LNG) marine fueling terminal in Port Fourchon, LA.
New Jersey Asks High Court to Settle Dispute with Delaware over LNG Pier
New Jersey Attorney General Peter Harvey last week petitioned the U.S. Supreme Court to settle a boundary dispute with the state of Delaware involving the construction of an off-loading pier that would serve a proposed liquefied natural gas (LNG) terminal along the Delaware River in Logan Township, NJ.
Industry Brief
FERC’s Stephen Harvey, along with the publishers of natural gas price indexes and other industry experts will participate on a panel discussing gas index pricing at a workshop session prior to the Minerals Management Services’ Industry Awards Program on April 26 in Houston, TX. The panelists will explore whether published gas price indexes in the U.S. have sufficient liquidity, transparency and accuracy to represent the value of gas commodities in the current marketplace. The program, which will begin at 8:30 a.m., will be held at the Houston InterContinental Hotel at 2222 West Loop South in Houston. There will be no cost to attend the panel discussion. Reservations for the awards luncheon can be made at www.mms.gov
SEC’s Pitt Expects ‘High-Profile Indictments’ Within Days
Harvey Pitt, chairman of the Securities and Exchange Commission (SEC), told London’s BBC radio in an interview Thursday that he expects “this week and the following weeks” to see “more high-profile indictments of people who abused their public trust.”
SEC’s Pitt Expects ‘High-Profile Indictments’ Within Days
Harvey Pitt, chairman of the Securities and Exchange Commission (SEC), told London’s BBC radio in an interview Thursday that he expects “this week and the following weeks” to see “more high-profile indictments of people who abused their public trust.”
SEC’s Pitt: Nation’s Financial Reporting System Broken
SEC Chairman Harvey L. Pitt last Thursday proposed sweeping changes in corporate financial oversight. He said the failure of Enron and its auditor Arthur Andersen clearly exposes the defects in the country’s “vaunted system of disclosure, financial reporting, corporate governance and accounting practices,” and the need to develop an entirely new method of financial regulation “that will restore public confidence in the integrity of the accounting profession.”
SEC’s Pitt: Nation’s Financial Reporting System Broken
SEC Chairman Harvey L. Pitt said Thursday the failure of Enron and its auditor Arthur Andersen clearly exposes the defects in the country’s “vaunted system of disclosure, financial reporting, corporate governance and accounting practices,” and the need to develop an entirely new method of financial oversight. Pitt outlined a Securities and Exchange Commission plan to form a new public entity that will be empowered to perform investigations, bring disciplinary proceedings, publicize results and restrict individuals and firms from auditing public companies.