Noted

Mixed Close Belies Market Weakness; November Gains 2.8 Cents

Natural gas futures drew to a mixed close Tuesday as traders cited little in the way of new fundamental data and noted the rolling of short positions into more deferred contract months. At the close November futures rose 2.8 cents to $3.629 and December fell 1.8 cents to $3.992. November crude oil lost 54 cents to $81.67/bbl.

October 13, 2010

Transportation Notes

Southern noted that it will lose 64% of its available injection/withdrawal capability during a shutdown test of the Muldon (MS) Storage Field that begins Tuesday and runs through the following Monday. Based on current supplies and anticipated demand, Southern expected injection requirements Tuesday to exceed capability by about 75,000 Dth/d.

October 5, 2010

EIA Slightly Lowers U.S. Gas Output Estimate for 2010

The Energy Information Administration (EIA) last week narrowly reduced its estimated outlook for U.S. natural gas production in 2010, but the federal agency noted that total output still is tracking to be 1.9% higher than in 2009.

August 16, 2010

EIA Slightly Lowers U.S. Gas Output Estimate for 2010

The Energy Information Administration (EIA) on Tuesday narrowly reduced its estimated outlook for U.S. natural gas production in 2010, but the federal agency noted that total output still is tracking to be 1.9% higher than in 2009.

August 11, 2010

Wisconsin Energy Might Merge Gas Utilities

While reporting improved quarter-over-quarter earnings and a growing rate base in its utilities, Wisconsin Energy CEO Gale Klappa noted the anticipated start-up date for a second coal-fired generation plant at its Oak Creek facility won’t be commercial until near the end of this year.

August 2, 2010

Michigan Regulators Targeting Efficiency

The Michigan Public Service Commission (MPSC) noted an emphasis on energy efficiency and renewable energy in its recent 2009 annual report to Gov. Jennifer M. Granholm and the Michigan legislature.

March 4, 2010

Michigan Regulators Targeting Efficiency

The Michigan Public Service Commission (MPSC) noted an emphasis on energy efficiency and renewable energy in its recent 2009 annual report to Gov. Jennifer M. Granholm and the Michigan legislature.

March 4, 2010

Traders See Improving Economy; April Gains More Than 4 Cents

April natural gas futures scored a modest gain Friday as traders noted covering of earlier short positions countered by light selling by producers. At the end of the day April futures had risen 4.6 cents to $4.813 and May added 4.8 cents to $4.879. April crude oil gained $1.49 to $79.66/bbl.

March 1, 2010

Traders See Improving Economy; April Gains More Than 4 Cents

April natural gas futures scored a modest gain Friday as traders noted covering of earlier short positions countered by light selling by producers. At the end of the day April futures had risen 4.6 cents to $4.813 and May added 4.8 cents to $4.879. April crude oil gained $1.49 to $79.66/bbl.

March 1, 2010

Eagle Ford Well Tests at 11.3 MMcfe/d, Says Pioneer

A well in the Eagle Ford Shale in South Texas drilled by Pioneer Natural Resources Co. flowed at an initial production rate of 11.3 MMcfe/d, the producer said Monday.

October 27, 2009
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