Herald

As red maple leaves and frosty mornings herald the onset of heating season in Quebec, distributor Gaz Metro Inc. (GMI) is asking for cancellation of a pipeline safety directive that could make fall extra chilly for French Canadian natural gas consumers.

As red maple leaves and frosty mornings herald the onset of heating season in Quebec, distributor Gaz Metro Inc. (GMI) is asking for cancellation of a pipeline safety directive that could make fall extra chilly for French Canadian natural gas consumers.

The digits of gasoline pumps nationwide might bring woe to consumers, but the digits of the Texas Petro Index and the statistics that comprise it herald an era of exceptional growth for Texas oil and gas producers.

The digits of gasoline pumps nationwide might bring woe to consumers, but the digits of the Texas Petro Index and the statistics that comprise it herald an era of exceptional growth for Texas oil and gas producers.

North American producers continued to herald record profits in the second quarter last week, but the story continues to be the natural gas growth by U.S.-based independents. Many of the largest independents, including Devon Energy Corp., Pioneer Natural Resources, EOG, Magnum Hunter Resources, Canadian Natural Resources Ltd. and Houston Exploration showed strong gas gains, while Vintage Petroleum Inc.’s 2Q gas numbers were slightly down because of asset sales. Unocal Corp., the final U.S.-based major to report, saw its production numbers drastically down.