Mound

Barnett Shale Town Rejects Well Permitting Suspension

A proposal adopt an ordinance to temporarily suspend natural gas drilling permits in Flower Mound, TX, which is in the Barnett Shale region, was denied Thursday night by the town council in a 3-2 vote.

December 21, 2009

Futures Continue Higher on Reports of February Chill

Putting together the second consecutive regular session of gains, natural gas futures traders on Tuesday once again discarded a mound of bearish fundamentals in exchange for changing weather forecasts, which are now calling for February to be not as warm as first expected. March natural gas futures recorded a high of $8.005 before closing out the day at $7.942, up 7.3 cents from Monday’s finish.

February 6, 2008