Fitch Ratings is no longer optimistic about a rebound in natural gas prices this year, and late Thursday the credit ratings agency cut its 2009 base case price deck for gas to $4.25/Mcf (Henry Hub) because of the protracted global economic slump.
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Bastardi: Winter to Linger Across Northeast
Natural gas and electric heating demand might continue a little longer than normal this year as much of the United States is expected to experience colder-than-normal temperatures through March and April, according to AccuWeather.com Chief Long Range Forecaster Joe Bastardi.
Bastardi: Winter to Linger Across Northeast
Natural gas and electric heating demand might continue a little longer than normal this year as much of the United States is expected to experience colder-than-normal temperatures through March and April, according to AccuWeather.com Chief Long Range Forecaster Joe Bastardi.
North American Gas, Gas, Gas; Think in Quadrillions
North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice at Cambridge Energy Research Associates’ CERAWeek in Houston.
North American Gas: Think in Quadrillions
North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice last week at Cambridge Energy Research Associates’ CERAWeek in Houston.
Oilsands Downturn Supportive of Canadian Gas Exports
More Canadian natural gas will stay available for export longer than previously expected as expansion by the nation’s formerly fastest-growing industrial consumer, Alberta’s oilsands, slows.
Oilsands Downturn Supports Canadian Gas Exports
More Canadian natural gas will stay available for export longer than previously expected as expansion by the nation’s formerly fastest-growing industrial consumer, Alberta’s oilsands, slows.
WSI Forecast: Cold, Colder, Coldest Months Ahead
Cold weather will dominate the West over the next three months, while warmer-than-normal temperatures that are expected to be in place in the Northeast in January will move out of much of the region in February and colder-than-normal air will be firmly in control by March, according to forecaster WSI Corp. of Andover, MA.
Cold, Colder, Coldest Months Ahead for Northeast
Cold weather will dominate the West over the next three months, while warmer-than-normal temperatures that are expected to be in place in the Northeast in January will move out of much of the region in February and colder-than-normal air will be firmly in control by March, according to forecaster WSI Corp. of Andover, MA.
Transportation Notes
CenterPoint said it has resolved a Line O failure and shippers are no longer under operational alert No. 697.