Following Tuesday’s minor increase, January natural gas futures sprung higher Wednesday as traders covered short positions and some weather forecasters left the door open for some colder temperatures later in the month. After reaching a high of $7.785, the prompt month dropped down to close at $7.673, still good for a 24.3-cent gain on the day.
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Cash Jumps Significantly on Heels of Friday’s Futures Rally
Natural gas cash prices rose up to 88 cents Monday in response to the Nymex futures rally on Friday, attractive price levels and minor heating load.
October 3, 2006
NatGas Futures Dismiss Tropical Storm Adrian to Follow Crude Lower
Choosing to follow crude’s weakness instead of minor concerns related to Tropical Storm Adrian in the Pacific, June natural gas futures resumed a downward trek on Wednesday.
May 19, 2005
Transportation Notes
Southern California Gas issued a high-linepack OFO for Saturday.
November 8, 2004
Transportation Notes
Southern California Gas issued a high-linepack OFO for Saturday.
November 8, 2004
Natural Gas Gets Minor Mention in Kerry-Edwards Energy Plan
Only a small part of the energy plan that was officially released Friday by Democratic presidential hopeful John Kerry and vice-presidential candidate John Edwards was devoted to natural gas. Most of the proposal focused on crude oil, electricity, alternative fuels and coal.
August 9, 2004
Consultants See Minor Production Increase from MMS Royalty Suspension Plan
Consultants at Freedman Billings Ramsey (FBR) in Northern Virginia see only a slight increase in drilling and gas production as a result of the proposal released last week by the Mineral Management Service (MMS) to reduce royalties on deep shelf Gulf of Mexico gas production (see Daily GPI, March 27).
April 7, 2003
Consultants See Minor Production Increase from MMS Royalty Suspension Plan
Consultants at Freedman Billings Ramsey (FBR) in Northern Virginia see only a slight increase in drilling and gas production as a result of the proposal released last week by the Minerals Management Service (MMS) to reduce royalties on deep shelf Gulf of Mexico gas production (see Daily GPI, March 27).
April 7, 2003
Prices Flat to Moderately Softer; Weekend Drops Expected
Except for minor softness in the Midcontinent/Midwest and Northeast areas, the East was dominated by flat pricing Thursday. The market tended to be a bit weaker at western points, which ranged from flat to down more than 15 cents (PG&E citygate).
May 24, 2002
FERC Accepts Midwest, Alliance Settlement
With minor modifications and clarifications, the Federal Energy Regulatory Commission accepted a settlement yesterday between the Midwest ISO, several of its transmission-owning members and the Alliance RTO.
May 10, 2001
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