Ignoring

Ignoring cooling load that was dwindling for the weekend in some areas and staying light to moderate at best in several other regions, the cash market relied almost entirely on the previous day’s futures spike in recording gains at a large majority of points Friday. Prices also were essentially unfazed by the drop of industrial demand in a weekend market.

Focusing on weather and global warming trends and ignoring “black swans” — incidents that spike well above or below established trends — could blind investors and the energy industry to opportunities, according to Bethlehem, PA-based long-range forecaster Weather Trends International (WTI).

Focusing on weather and global warming trends and ignoring “black swans” — incidents that spike well above or below established trends — could blind investors and the energy industry to opportunities, according to Bethlehem, PA-based long-range forecaster Weather Trends International (WTI).

The fate of the extensions of tax credits for renewable fuels and energy efficiency took a turn for the worse Friday as the House passed its own version of the tax package — ignoring warnings from the Senate not to tinker with its tax measure, which was approved earlier in the week.

Natural gas demand will not be up as much as many people think because “giddy gas bulls” are ignoring an expected increase of hydroelectric output, which likely will displace a lot of West Coast generation this summer, a Raymond James & Associate energy analyst said Monday.

On the ground, ignoring a south-facing Pacific Ocean view that would make travel agents drool, 2,200 heavy construction workers and engineers scurry around a 200-acre site 60 miles south of the U.S.-Mexico border, preparing the new home for the first imports of liquefied natural gas (LNG) on the North American West Coast.

On the ground, ignoring a south-facing Pacific Ocean view that would make travel agents drool, 2,200 heavy construction workers and engineers scurry around a 200-acre site 60 miles south of the U.S.-Mexico border, preparing the new home for the first imports of liquefied natural gas (LNG) on the North American West Coast.

Ignoring the prospect of a pitched political battle, California Gov. Arnold Schwarzenegger Thursday renominated the chairman of the California Energy Commission (CEC), Joseph Desmond, for a full six-year term. Leaders in the Democratic-controlled state legislature already have indicated publicly they will block the confirmation of Desmond, a former Silicon Valley business leader who has served as Schwarzenegger’s chief energy adviser.

After ignoring the price drops in the petroleum futures complex almost entirely on Tuesday, October natural gas futures couldn’t look away a second day in a row. In addition to petroleum weakness, prompt month natural gas was helped lower Wednesday by positive news from the Gulf of Mexico, settling at $11.201, down 45.6 cents on the day.