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Futures Remain Quiet Ahead of Fresh Storage Data

The natural gas futures market on Wednesday continued to limp back from the long holiday weekend as another round of light trading in the October contract produced a 14-cent range on the day before closing the regular session at $3.940, up two-tenths of a penny from Tuesday’s finish. The November contract followed suit with a 0.2-cent gain to close at $4.045.

September 8, 2011

Nevada Economy Continues to Struggle, NV Energy CEO Says

While unemployment has improved, it is still higher than the national average, so the Nevada economy continues to limp along and likely will do so through next year, the CEO of NV Energy Inc. told financial analysts Monday on a second quarter conference call in which he reported greatly reduced profits quarter over quarter.

August 3, 2011

EOG’s Papa: Domestic Supply Declines ‘Opaque’

North American natural gas prices will limp into 2010 but end the year “strong” because of supply declines that will occur through the year, but “quantifying the magnitude of the domestic supply decline is becoming more opaque,” EOG Resources Inc. CEO Mark Papa said Friday.

November 9, 2009

EOG’s Papa: Domestic Supply Declines ‘Opaque’

North American natural gas prices will limp into 2010 but end the year “strong” because of supply declines, but “quantifying the magnitude of the domestic supply decline is becoming more opaque,” EOG Resources Inc. CEO Mark Papa said Friday.

November 9, 2009

Despite Force Majeure Removals, Gas Trickles at Henry Hub

As oil and natural gas infrastructure continues to limp back to service following Hurricanes Rita and Katrina, many eyes in the natural gas industry are focused on the Henry Hub near Erath, LA, a physical delivery point that is used as a benchmark for the Nymex futures contract. The hub has been offline since Sept. 22, and no one will even speculate on when it will be back to normal (see Daily GPI, Sept. 27, Sept. 28, Oct. 6).

October 7, 2005

What Goes Down, Must Go Up — to Say $4.50?

Given the mild winter, the natural gas piled up in storage and the crippled economy, gas prices are expected to limp along in the $2.00 to $3.00 range for most of 2002, but watch out for the winter of 2003-2004; it could be a real zinger, with prices closing on $4.50, according to projections by Ben Schlesinger & Associates (BSA).

January 21, 2002

What Goes Down, Must Go Up — to Say $4.50?

Given the mild winter, the natural gas piled up in storage and the crippled economy, gas prices are expected to limp along in the $2.00 to $3.00 range for most of 2002, but watch out for the winter of 2003-2004; it could be a real zinger, with prices closing on $4.50, according to projections by Ben Schlesinger & Associates (BSA).

January 15, 2002

Futures Mark a Lazy Summer Friday

Lacking strong leadership for the fourth day in a row thenatural gas futures market continued to limp lazily sidewaysFriday. But unlike the modest gains that were posted Tuesday,Wednesday and Thursday, prices drifted lower to close out the week,possibly setting the market up for more losses today. The Julycontract finished 3.7-cents lower at $2.258.

June 28, 1999

March Futures Limp Toward The Finis

Expiration week is supposed to be about extreme volatility atthe New York Mercantile Exchange, but the March natural gascontract exhibited anything but that on Monday. The spot monthinched 1.9 cents lower to $2.179 yesterday, amid a session bound bya tight 4-cent trading range

February 24, 1998