Indeed

Louisiana parishes overlying the Haynesville Shale “are awash in money;” others, not so much, an economist told NGI’s Shale Daily. As producers set their sights on more lucrative shale plays — the Marcellus and Eagle Ford, for instance — beneficiaries of the North Louisiana shale boom would be wise not to build the shale revenue into their budgets, he said.

Raymond James & Associates Inc. affirmed recent private and government forecasts that U.S. natural gas production is indeed on the rise, but the ever-bullish energy analyst said last week that the growth’s long-term sustainability is “unlikely.”

Raymond James & Associates Inc. affirmed recent private and government forecasts that U.S. natural gas production is indeed on the rise, but the ever-bullish energy analyst said the growth’s long-term sustainability is “unlikely.”

Despite a general decline in investor enthusiasm, capital expenditures (capex) by exploration and production (E&P) companies should support organic growth in production volumes despite the near-term bearish natural gas prices, energy analysts said in a review of the sector.

Confirming that the transition from physical pit trading to electronic marketplaces is indeed impacting the way traders and exchanges do business, a Reuters article said Friday that Nymex Holdings, parent company of the New York Mercantile Exchange (Nymex), has plans to consolidate its energy and metals trading floors in an effort to cut costs. The question remains as to whether floor trading will ultimately go the way of the Dodo bird.

Confirming that the transition from physical pit trading to electronic marketplaces is indeed impacting the way traders and exchanges do business, a Reuters article said Friday that Nymex Holdings, parent company of the New York Mercantile Exchange (Nymex), has plans to consolidate its energy and metals trading floors in an effort to cut costs. The question remains as to whether floor trading will ultimately go the way of the Dodo bird.

FERC should clarify a recent order in which it ordered Enron to forfeit $32.5 million in unjust profits by confirming that it didn’t intend to exclude from the scope of the proceeding Enron contracts that were executed from Jan. 16, 1997 to June 25, 2003 and under which Enron “continues to demand, but has not yet collected, unjust profits in the form of termination payments,” a collection of western-based electric utilities, state attorney generals and utility regulators said on Wednesday.

Today’s conference was brought to you by the letter E. Indeed,the fifth letter of the alphabet loomed large on the first day ofthe Cambridge Energy Research 19th annual Executive Conference inHouston yesterday.

A new study finds all is not well with the relationship betweenenergy marketers and service companies and their commercialcustomers. Indeed, BENTEK Energy Research says “commercialcustomers feel marketers and ESCOs promise prices that are notrealized, underperform on services, and they are not meetingcustomers’ needs in helping to reduce their energy consumption.”