A moratorium on natural gas well permitting in Flower Mound, TX, is to end Friday, but those applying to drill in the affluent Barnett Shale town from now on will face some tough new requirements recently approved by the Flower Mound Town Council.
Tag / Justification
SubscribeJustification
Articles from Justification
Weather? What Weather? Prices Rise Anyway
Justification was difficult, but it couldn’t be denied: prices rose across the board Wednesday, with nearly all of the gains in double digits.
Market Bows to Moderate Weather With Price Dips
Price drops at nearly all points Wednesday appeared to be at least partial justification for some traders’ belief that the overall firmness on Tuesday was not justified by weak weather fundamentals and the previous day’s futures decline of 12.8 cents.
Mammoth 61 Bcf Injection Allows Bears to Roam, But $11 Still Holds Support
Coming in well above industry expectations, the 61 Bcf natural gas injection for the week ended Nov. 4 provided further justification for the recent bearish move in natural gas futures. Despite trading as low as $11.060 on the day, December natural gas ended up settling at $11.380, down 28.9 cents on the day.
Most of Cash Market Rallies; Alpha Christened
About a month after the official start of fall, there is finally enough seasonal weather showing up to give some fundamental justification to price rebounds at nearly all points Monday. Tropical Storm Alpha showed up over the weekend but was given no chance at all of approaching the Gulf of Mexico.
‘Reality Setting In’ Is Assessment of General Price Drops
This week’s price rally, for which virtually no one could discern any reasonable justification, was over Wednesday everywhere except in California. Most points retreated anywhere from about a dime to a quarter, with greater losses in the Rockies but only small ones in the cooling Pacific Northwest.