Ignite

U.S. shale natural gas resources have the potential to ignite a domestic manufacturing “renaissance” that could create one million jobs and billions in energy cost savings, according to a new report by industry consultant PwC US.

U.S. shale natural gas resources have the potential to ignite a domestic manufacturing “renaissance” that could create one million jobs and billions in energy cost savings, according to a new report by industry consultant PwC US.

U.S. shale natural gas resources have the potential to ignite a domestic manufacturing “renaissance” that could create one million jobs and billions in energy cost savings, according to a new report by industry consultant PwC US.

Forecasts of triple-digit temperatures helped ignite triple-digit price spikes Monday at quite a few points in the Gulf Coast and Northeast. All cash trading points were up by at least 30 cents. Transco Zone 6-New York City led the climb with a humongous gain of nearly $1.70.

The Yukon Territory hopes its resources will ignite another rush – this time for natural gas under Eagle Plains, an area not far from the scene of the 1890s Klondike gold stampede.

Despite expectations of continued softness following Tuesday’s all-around price plunges, most points found themselves in rally mode Wednesday. With a few scattered small drops thrown into the mix, the majority of the cash market ranged from flat to up nearly 40 cents, with gains in the teens being most common. Tennessee Zone 6 was a standout with an uptick of more than 80 cents.

It didn’t take long to eclipse what had been the lowest-everprices for a December date recorded by Daily GPI, and the new lowmarks weren’t even close to the ones seen earlier in the week.Continuing record warmth in the eastern two-thirds of the nationyielded record low gas prices for this time of year. Gulf Coastnumbers were almost a dollar under December indexes only three daysinto the month.