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Don’t look for ExxonMobil Corp. to place any big bets on using natural gas as a transportation fuel. “We think gas as a transportation fuel has a lot of limitations,” CEO Rex Tillerson told financial analysts Thursday.

Don’t look for ExxonMobil Corp. to place any big bets on using natural gas as a transportation fuel. “We think gas as a transportation fuel has a lot of limitations,” CEO Rex Tillerson told financial analysts Thursday.

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said last week.

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.

It may work well for other independents to set up joint venture (JV) agreements to help defray the costs of drilling natural gas prospects, but don’t look for Range Resources Corp. to take that step anytime soon, CEO John Pinkerton said Wednesday.

Natural gas futures bears were licking their chops as some near-term weather forecasts continued to look warmer with each passing day. On Tuesday the February contract — which terminates on Wednesday — declined by 23.7 cents to close at $5.485. The March contract fell by 23.3 cents to close at $5.430.

Natural gas futures bears were licking their chops as some near-term weather forecasts continued to look warmer with each passing day. On Tuesday the February contract — which terminates on Wednesday — declined by 23.7 cents to close at $5.485. The March contract fell by 23.3 cents to close at $5.430.

The natural gas futures market backed off of its Friday bullishness on Monday as some private weather forecasts for the near term began to look warmer than first expected. The February contract dropped 9.7 cents to $5.722.

The natural gas futures market backed off of its Friday bullishness on Monday as some private weather forecasts for the near term began to look warmer than first expected. The February contract dropped 9.7 cents to $5.722.