Universities should be working to answer outstanding questions about shale development, but until they do the practice should proceed cautiously, if it proceeds at all, a Cornell University professor told students in Pittsburgh on Friday.
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Expected 172 Bcf Withdrawal Leaves Futures at the $9 ‘Crossroads’
Natural gas futures traders on Thursday once again tested resistance up at $9.050 and once again found it a little too rich for their liking as the March contract went on to record a low of $8.890 before closing out the day at $8.891, down 7.4 cents from Wednesday’s close.
Futures Rally Back Above $6, But Stay Could Be Short-Lived
Finding the sub-$6 level a little low for their liking, natural gas futures traders pushed the market higher in the overnight Access session and kept the momentum going through the regular trading session Tuesday.
SDG&E Passes on Power Deals
Even in the wake of the summer’s power crisis and emergencymeasures, San Diego Gas and Electric can’t find any long-term powerpurchase deals to its liking, and, in fact, it has pulled back arequest-for-proposal it had outstanding, soliciting longer-term,fixed price contracts.