The oil and natural gas title unveiled by Democrats on the Senate Energy and Natural Resources Committee last Thursday ignores the controversial issue of increasing access to offshore resources, said a major producer group.
Ignores
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Futures Market Ignores Storage, Bounds Higher on Short-Covering
Coming in a little over the industry consensus but well within overall expectations, the Energy Information Administration (EIA) reported Thursday that 151 Bcf was pulled from underground natural gas stocks for the week ended Dec. 31.
January 7, 2005
Cash Follows Screen Higher, Ignores Milder Weather
Thursday’s bullish storage report and the screen spike that it inspired obviously had more influence on cash market thinking than some sources had suspected. The prior-day futures strength trumped weakening weather fundamentals and the usual weekend drop in industrial load to send prices higher at nearly all points Friday.
July 26, 2004
Cash Market Flatness Ignores Futures Decline
The screen’s drop Tuesday didn’t make much of an impression onthe cash market, which was flat at the majority of points. TheMidcontinent tended to be a little weaker than the average asMidwest citygates were down by almost a nickel after a cold fronthad cooled off the region considerably.
August 26, 1998
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