January futures moved lower Friday on very light volume, but traders saw the market entering what could be a prolonged period of sideways price movement that could eventually lead to an advance. At the close January had fallen 5.5 cents to $3.114 and February had retreated 5.9 cents to $3.147. February crude oil rose 15 cents to $99.68/bbl.
Light
Articles from Light
Traders See Rangebound Market; January Eases
December natural gas slipped lower in light trading Friday as traders continue to see little threat of higher prices in the near term but also see a dearth of sellers at present prices. At the close January had fallen 6.4 cents to $3.584 and February had retreated 6.2 cents to $3.613. January crude oil added 76 cents to $100.96/bbl.
December 5, 2011
Traders Not Likely to Sell as They Square Books; December Gains
December natural gas rose Tuesday on extremely light volume as traders scrambled to determine positions and locate funds in the aftermath of the MF Global trading debacle. At the close December had risen 4.9 cents to $3.745 and January had gained 4.0 cents to $3.843. December crude oil added $1.28 to $96.80/bbl.
November 9, 2011
FERC OKs Empire-Tennessee Interconnection in New York
FERC Friday gave Empire Pipeline Inc. the green light to place into service a major interconnection on its Tioga County Extension Project to transport Marcellus Shale production in Pennsylvania to the U.S.-Canadian border.
November 8, 2011
MF Global Implosion Puts Spotlight on Regulatory Gaps
Shocking details surrounding the surprise bankruptcy of securities firm giant MF Global Holdings Ltd. were coming to light Tuesday, one day after the company turned in its Chapter 11 papers following an ill-timed bet on the European debt markets (see Daily GPI, Nov. 1).
November 2, 2011
Atlanta Gas Light CNG Fueling Station Plan Approved
Atlanta Gas Light Inc.’s (AGL) proposal to establish over the next five years a network of compressed natural gas (CNG) fueling stations was approved by the Georgia Public Service Commission (PSC) in Atlanta Tuesday.
November 2, 2011
Stuck in the Middle, November Drifts Lower
November futures eased in light trading Monday as traders saw the day’s activity as insufficient to attract the attention of either bulls or bears. At the close November had fallen 2.5 cents to $3.604 and December had shuffled lower by 3.2 cents to $3.794. December crude oil rocketed higher in concert with equity market strength, adding $3.87 to $91.27/bbl.
October 25, 2011
Canada’s First LNG Export Terminal Licensed
After relying entirely on pipeline deliveries into the United States to date, Canadian exporters received the green light Thursday to break into overseas markets for liquefied natural gas (LNG).
October 17, 2011
Canada’s First LNG Export Terminal Licensed
After relying entirely on pipeline deliveries into the United States to date, Canadian exporters received the green light Thursday to break into overseas markets for liquefied natural gas (LNG).
October 17, 2011
Large-Scale Gas Processing Project Proposed for Marcellus
After hinting for months that going big was the only way to accommodate excess ethane supplies in the Marcellus Shale, Williams on Tuesday proposed to build a large-scale natural gas processing and ethane project that would traverse the rich gas/dry gas divide in Pennsylvania.
September 21, 2011
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
