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Colorado’s natural gas drilling shows unrelenting growth, and “nothing could be more critical” than having an open and transparent dialogue with the industry, the executive director of the Colorado Department of Natural Resources (DNR) said last week.

Colorado’s natural gas drilling shows no signs of slowing down, and because of that, the executive director of the Colorado Department of Natural Resources (DNR) said “nothing could be more critical” than keeping a dialogue with industry open and transparent.

Natural gas futures on Wednesday showed there is nothing like the first regular trading session of a new prompt month to turn the tides of market direction as the July contract rebounded 21 cents on the day to close at $7.941. The positive day Wednesday put a halt to the string of seven consecutive sessions of lower closes, which resulted in the June contract’s expiration Tuesday at $7.591.

Natural gas bulls were likely salivating last week as MDA EarthSat Energy Weather announced nothing but supportive price news for summer 2007. The Rockville, MD-based forecasting firm said it expects this summer to be “warmer than normal,” adding that it also expects an “active” Atlantic hurricane season with the Gulf of Mexico and its land borders under increased threat.

Natural gas bulls were likely salivating this week as MDA EarthSat Energy Weather announced nothing but supportive price news for summer 2007. The Rockville, MD-based forecasting firm said it expects this summer to be “warmer than normal,” adding that it also expects an “active” Atlantic hurricane season with the Gulf of Mexico and its land borders under increased threat.

Just a day after sources had virtually nothing to talk about but how little gas demand there was, some more gas demand apparently showed up. The cash market recorded increases at virtually all points Wednesday (one was essentially flat) as blizzard conditions in the Rockies and Plains states were giving a boost to heating load.

Increasing delays in the development of liquefaction facilities at the source of various global liquefied natural gas (LNG) suppliers are nothing to get alarmed about, and discussions of additional import supplies into the United States are continuing to take place, according to Sempra Energy CEO Donald Felsinger, speaking to analysts on a quarterly earnings conference call. Given the size and complexity of the deals, the delays are “normal and expected,” he said.

Increasing delays in the development of liquefaction facilities at the source of various global liquefied natural gas (LNG) suppliers are nothing to get alarmed about, and discussions of additional import supplies into the United States are continuing to take place, according to Sempra Energy CEO Donald Felsinger, speaking to analysts on a quarterly earnings conference call last Friday. Given the size and complexity of the deals, the delays are “normal and expected,” he said.

Natural gas production from the Barnett Shale of Texas in the past three years has been nothing short of remarkable, but few realize that at least 84% of the entire play still remains untapped. Digging out the gas play’s full potential will rely on new technology that’s still to come, Devon Energy Corp. CEO J. Larry Nichols said last week.