While the latest jobs report from the U.S. Bureau of Labor Statistics (BLS) showed the national unemployment rate falling again to reach 4.9% in January, the trend lines haven’t been nearly so encouraging for energy sector employment.
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Articles from Logging
New York IOGA: Scuttle Layoffs with Marcellus Shale Drilling
New York Gov. David Paterson’s proposed plans to lay off hundreds of state employees could be scuttled at the Department of Environmental Conservation (DEC)if permitting fees from new Marcellus Shale wells were dedicated to staffing, the Independent Oil & Gas Association of New York (IOGA) said Monday.
October 20, 2010
Cash Continues Higher Despite Lack of Supporting Fundamentals
After logging almost a complete week of price average increases, the natural gas cash market was at it again on Monday for Tuesday delivery with most points at locations across the country recording gains of between a nickel and 15 cents.
May 18, 2010
Cash Points Continue to Climb; Traders See Fundamental Disconnect
After logging another day of strong gains across the board in the natural gas cash market, industry insiders were scratching their heads in confusion over the firmness, especially in light of bearish fundamentals. While some industry veterans said Tuesday’s strength was likely tied to the 47.1-cent climb in futures on Monday, others saw the mercurial rise in crude futures as having a “trickle down” effect on natural gas futures and cash prices.
October 17, 2007
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