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Heat

Price Strength Waning, Analyst Says, Yet August Called 5 Cents Higher

August natural gas is set to open 5 cents higher Tuesday morning at $2.77 as traders mull heat indexes that are expected to be well into triple digits by mid-week. Overnight oil markets rose.

July 19, 2016

California Heat On Tap; July Called A Nickel Higher

July natural gas is set to open 5 cents higher Tuesday morning at $2.22 as traders see large speculative holdings reconsidering their portfolio of short positions and the first heat wave of the season makes its debut. Overnight oil markets were mixed.

May 31, 2016

June Set to End on Weak Note, Called 4 Cents Lower

The expiring June natural gas contract is expected to open 4 cents lower Thursday morning at $1.95 in spite of the fact that traders are digesting a storage report that is expected to show inventory increases far less than historical averages. Overnight oil markets rose.

May 26, 2016

Storage Additions Under Scrutiny; August Called 3 Cents Higher

August natural gas is set to open 3 cents higher Tuesday morning at $2.82 as traders look ahead to an expected lean storage build as the current intense heat event limits additions to inventory. Overnight oil markets were mixed.

July 28, 2015

Bears Stirring as Weather Outlook Moderates; June Called 7 Cents Lower

June natural gas is expected to open 7 cents lower Tuesday morning at $2.82 as traders digest a round of more moderate weather forecasts and anticipate a hefty build in inventories. Overnight oil markets fell.

May 26, 2015

Bears Stirring as Weather Outlook Moderates; June Called 7 Cents Lower

June natural gas is expected to open 7 cents lower Tuesday morning at $2.82 as traders digest a round of more moderate weather forecasts and anticipate a hefty build in inventories. Overnight oil markets fell.

May 26, 2015

Hefty Build Expected? No Problem; July Seen 3 Cents Higher

July natural gas is set to open 3 cents higher Thursday morning as traders discount estimates of an increase in storage inventories that are well above historical norms and as they factor in expected heat. Overnight oil markets surged.

June 12, 2014

All Eyes On Weekly Inventory Stats; June Seen A Penny Higher

June natural gas is set to open a penny higher Thursday morning at $4.48 as traders hone their short-term trading algorithms and expect the season’s second triple-digit increase in working gas inventories. Overnight oil markets were mixed.

May 22, 2014

Marcellus Utility Investments Eyed for Low-Cost Gas, Not Demand

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

May 28, 2013

Interior Finalizes Western Oil Shale Proposal

Secretary of the Interior Ken Salazar on Friday announced the department’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and tar sands resources on more than 800,000 acres of Bureau of Land Management (BLM) lands in three western states.

March 25, 2013