Matter

Mild weather seems to matter little as market recently follows prior-day futures guidance.

With the federal government shuttered as Washington, DC, awaits its second blizzard in a matter of days, the Energy Information Administration (EIA) Tuesday said two natural gas reports will be delayed and one will be canceled this week.

With the federal government shuttered as Washington, DC, awaits its second blizzard in a matter of days, the Energy Information Administration (EIA) Tuesday said two natural gas reports will be delayed and one will be canceled this week.

Without any real cold temperatures to speak of in the markets that matter, December natural gas futures pushed lower for most of Wednesday’s regular session and entered a price gap that was created almost two months ago. The prompt-month contract closed at $4.254, down 27.6 cents from Tuesday’s finish.

The United States Natural Gas Fund (UNG) won its two-month battle to issue a substantial number of new shares, but in the end it may not matter. The fund said last Wednesday that the Securities & Exchange Commission (SEC) will grant its June 5 request to issue up to one billion new limited partnership units, but because of recent regulatory changes in the energy derivatives markets, UNG “will not resume issuing units and offering Creation Baskets to its Authorized Purchasers at this time.”

The United States Natural Gas Fund (UNG) won its two-month battle to issue a substantial number of new shares, but in the end it may not matter. The fund said Wednesday that the Securities & Exchange Commission (SEC) will grant its June 5 request to issue up to one billion new limited partnership units, but because of recent regulatory changes in the energy derivatives markets, UNG “will not resume issuing units and offering Creation Baskets to its Authorized Purchasers at this time.”

Higher electricity prices are inevitable, and it is a matter of choosing the right mixture of power generation sources to keep retail rates from increasing as much as 80% by 2020, according to a draft study released in June assessing Arizona’s energy future. The “Powering Arizona: Choices & Tradeoffs for Electricity Policy” study was conducted by Arizona State University (ASU) and a California-based nonprofit group, The Communications Institute.

Higher electricity prices are inevitable, and it is a matter of choosing the right mixture of power generation sources to keep retail rates from increasing as much as 80% by 2020, according to a draft study released in June assessing Arizona’s energy future. The “Powering Arizona: Choices & Tradeoffs for Electricity Policy” study was conducted by Arizona State University (ASU) and a California-based nonprofit group, The Communications Institute.

The Virginia Supreme Court has agreed to hear an appeal by Houston-based GeoMet in its ongoing natural gas pipeline dispute with a CNX Gas Corp. affiliate over a 32-acre coalbed methane (CBM) play in Buchanan County, VA.