Largely

Pacific Northwest Consumers Benefit from Wide Price Spread to Henry Hub

Utilities in the Pacific Northwest appear likely to largely avoid the significant gas price increases that will be seen in the Midwest and eastern United States this winter because of different supply sources. The Northwest Gas Association (NGA) said Tuesday that utility customers can expect much smaller winter price increases than what consumers will be seeing in other regions that are more closely tied to damaged supply infrastructure in the Gulf of Mexico and Gulf Coast.

November 2, 2005

Small Rallies Dominate Post-Weekend Trading

Substantially cold weather has largely receded into Canada and the northern tier of American states, but the cash market found enough of it still around to stage moderate rebounds Monday at a majority of points. The screen’s 3.5-cent gain on the preceding Friday and the return of industrial load from its usual weekend hiatus provided small amounts of ancillary support.

March 22, 2005

Nymex, CFTC, FERC Downplay Impact of Hedge Funds on Gas Futures

The growing alarm about the impact that hedge funds are having in the natural gas futures market is largely unfounded, FERC Chairman Pat Wood, CFTC Chairman Sharon Brown-Hruska and Nymex Chairman Mitchell Steinhause said recently in three separate letters to Rep. John D. Dingell (D-MI), ranking member on the House Committee on Energy and Commerce.

February 14, 2005

Nymex, CFTC, FERC Downplay Impact of Hedge Funds on Gas Futures

The growing alarm about the impact that hedge funds are having in the natural gas futures market is largely unfounded, FERC Chairman Pat Wood, CFTC Chairman Sharon Brown-Hruska and Nymex Chairman Mitchell Steinhause said in three separate letters to Rep. John D. Dingell (D-MI), ranking member on the House Committee on Energy and Commerce.

February 8, 2005

Prices Up, But Likely to Follow Screen Lower

Based largely on Tuesday’s screen run-up and to some extent on moderately increasing heating load in the West and some northern areas, swing prices rose Wednesday from a little less than a dime to about 45 cents. All but two points recorded double-digit gains.

October 28, 2004

Prices Up, But Likely to Follow Screen Lower

Based largely on Tuesday’s screen run-up and to some extent on moderately increasing heating load in the West and some northern areas, swing prices rose Wednesday from a little less than a dime to about 45 cents. All but two points recorded double-digit gains.

October 28, 2004

SEC Takes Broad Look at Producers’ Reserve Accounting

The Securities and Exchange Commission (SEC) is taking a broad look at oil and natural gas companies’ reserve accounting practices, sparked largely by recent disclosures of Royal Dutch/Shell Group and El Paso Corp. that they inflated their proven reserves.

March 19, 2004

MMS Calls for Interest in Alaskan Frontier Exploration

A part of its plan to help foster exploration in largely unexplored areas of the Alaska Outer Continental Shelf, the Minerals Management Service (MMS) is asking companies about their interest in exploring for oil and gas in the Chukchi Sea, Hope Basin, and Norton Basin.

February 9, 2004

MMS Calls for Interest in Alaskan Frontier Exploration

A part of its plan to help foster exploration in largely unexplored areas of the Alaska Outer Continental Shelf, the Minerals Management Service (MMS) is asking companies about their interest in exploring for oil and gas in the Chukchi Sea, Hope Basin, and Norton Basin.

February 3, 2004

EIA: High Prices in 2003 Took Toll on Gas Demand

Domestic consumption of natural gas fell by an estimated 2.6% during 2003 due largely to the high gas prices that destroyed demand in the industrial and electric power sectors, according to the Energy Information Administration’s Short-Term Energy Outlook for January.

January 12, 2004