Left

The prolonged legislative stalemate that has left California without a budget six weeks after the July 1 deadline threatens to prevent any other legislation from being passed this session, which is slated to end in early September, leaving several major energy proposals to be taken up next year.

FERC has rejected Gulf South Pipeline’s proposal to incorporate revised natural gas quality specifications into its tariff. The agency, however, left open the door for Gulf South to refile a “properly supported” proposal at a later date.

FERC has rejected Gulf South Pipeline’s proposal to incorporate revised natural gas quality specifications into its tariff. The agency, however, left open the door for Gulf South to refile a “properly supported” proposal at a later date.

After carving out a new low for the move on Tuesday, August natural gas futures traders on Wednesday ignited a rebound that left the contract at $6.528, up 22.1 cents from Tuesday’s regular session close.

Traders were prepared for anything Tuesday as the debate swirled on whether there would be enough momentum left from Monday’s natural gas futures price jump to fuel another round of short-covering. The answer, at least for now, is “no,” as the July contract dropped 12.7 cents to settle at $8.064.

Kern River and CIG were left out of lower prices that pervaded the rest of the April-ending cash market Friday. Weak weather fundamentals, the 18.1-cent expiration-day fall by May futures and the hiatus of industrial load over a weekend caused all other points to record declines ranging from 2-3 cents to about 45 cents.

Following Nymex Holdings Inc.’s extremely successful initial public offering (IPO) earlier in the month, the company’s chairman left the field open, responding that future mergers were not out of the question, possibly even with its largest rival Atlanta-based IntercontinentalExchange (ICE).

Following Nymex Holdings Inc.’s extremely successful initial public offering (IPO) late last week, the company’s chairman left the field open, responding that future mergers were not out of the question, possibly even with its largest rival Atlanta-based IntercontinentalExchange (ICE).

There’s still a bit of room left to squeeze into the hottest gas play in the United States, says at least one Barnett Shale producer, as the play continues to boom in the Fort Worth Basin of North-Central Texas. Things have been so hot for so long now that it has some asking, where are the super-majors in all of this?