Inched

March natural gas futures inched higher Friday in a day of lackluster trading. In spite of the market’s ability to hold above $3.80, analysts are sharpening their pencils and counting the next move lower as they see a lack of weather-driven demand eroding prices. At the end of the day March was higher by eight-tenths of a penny to $3.876 and April added five-tenths of a cent to $3.906. March crude oil eased 16 cents to $86.20/bbl.

March natural gas futures inched higher in uninspired trading Friday on the New York Mercantile Exchange. Short-term traders see the market still vulnerable to continued price erosion, but those with a longer-term perspective see now-average supply levels keeping any further market deterioration in check.

U.S. natural gas output for some of the largest domestic producers inched up sequentially in the final three months of 2009 from 3Q2009, according to a survey issued Friday by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

U.S. natural gas output for some of the largest domestic producers inched up sequentially in the final three months of 2009 from 3Q2009, according to a survey issued Friday by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

U.S. natural gas output for some of the largest domestic producers inched up sequentially in the final three months of 2009 from 3Q2009, according to a survey issued Friday by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

January natural gas futures inched higher Tuesday as traders saw a market that looks to have put in a bottom but was unable to shrug off a faltering oil market. January rose 1.3 cents to $5.579, and February gained 2 cents to $5.632. January crude oil fell $1.64 to $42.07/bbl.

Domestic natural gas supply projections inched upward while imported liquefied natural gas (LNG) and overall consumption growth estimates were easing down in the latest predictions for 2008 natural gas, reported by the Energy Information Administration (EIA) in its March Short-Term Energy Outlook released last Tuesday. Price projections also were up.

Domestic natural gas supply projections inched upward while imported liquefied natural gas (LNG) and overall consumption growth estimates were easing down in the latest predictions for 2008 natural gas, reported by the Energy Information Administration (EIA) in its March Short-Term Energy Outlook released Tuesday. Price projections also were up.

EOG Resources Inc.’s natural gas production inched up slightly in 3Q2007, but no thanks to the Rocky Mountains. In September and October the independent curtailed 50-140 MMcf/d net volumes “on any given day in the Rockies,” and EOG plans to shut in those same amounts through the first half of November, CEO Mark Papa said last week.