After navigating the long holiday weekend without a market-affecting event, natural gas futures traders — who had covered some shorts Friday to mitigate risk — let some air out of the balloon on Tuesday as the October contract closed at $3.852, down 8.7 cents from Friday’s finish.
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Studies Say LNG Tanker Traffic Would Hurt Rhode Island Economy
Tankers laden with liquefied natural gas (LNG) navigating the waters of Narragansett Bay in Rhode Island would hurt the state’s economy by interfering with recreational boating, the seasonal tourism trade, commercial fishery operations, ferry operations and cruise ships, according to studies released this week.
Finding Cheap Gas is Next Hurdle for Otay Mesa
After navigating California regulatory maze successfully withsome precedent-setting environmental planning, the backers of thefirst new power plant slated for electron-starved San Diego Countystill have some difficult decisions ahead regarding gas supply forthe 500-MW Otay Mesa generating plant.
Finding Cheap Gas is Next Hurdle for Otay Mesa
After navigating California regulatory maze successfully withsome precedent-setting environmental planning, the backers of thefirst new power plant slated for electron-starved San Diego Countystill have some difficult decisions ahead regarding gas supply forthe 500-MW Otay Mesa generating plant.