Miami

January natural gas futures rose in modest trading Wednesday as traders still saw the market in control of the weather bulls and expressed reluctance to sell until weather forecasts turned more moderate. At the close January futures were up 10.6 cents to $5.821 and February added 11.2 cents to $5.884. February crude oil gained $2.27 to $76.67/bbl.

U.S. mayors took a stand against global warming-causing pollution at a conference in Miami this week, noting that fuels derived from tar sands, liquid coal and oil shale emit “even greater amounts of global warming pollution than conventional petroleum sources.”

Debt-laden Forcenergy Inc. of Miami Wednesday receivedconfirmation of its reorganization from the United StatesBankruptcy Court, Eastern District of Louisiana in New Orleans.

Independent producer Forcenergy Inc. of Miami said itsbankruptcy reorganization plan was approved Oct. 22 by the UnitedStates Bankruptcy Court for the Eastern District of Louisiana. Aconfirmation hearing is scheduled for Dec. 13. On Nov. 16 thebankruptcy court extended the time period for which only thecompany has the exclusive right to file a plan of reorganization.No other plan has been submitted or can be submitted during thecompany’s exclusivity period.

Forcenergy Inc. of Miami said its bankruptcy reorganization planwas approved Oct. 22 by the United States Bankruptcy Court for theEastern District of Louisiana. A confirmation hearing is scheduledfor Dec. 13. On Nov. 16 the bankruptcy court extended the timeperiod for which only the company has the exclusive right to file aplan of reorganization. No other plan has been submitted or can besubmitted during the company’s exclusivity period.