Noting

Futures Drop Again, But Some Say Bottom Is Already In

Natural gas futures dropped a second consecutive day on Wednesday but some veteran market watchers remained unimpressed, noting that they believe the near-term bottom to the market at $3.810 was recorded last Thursday.

April 8, 2010

Futures Drop Again, But Some Say Bottom Is Already In

Natural gas futures dropped a second consecutive day on Wednesday but some veteran market watchers remained unimpressed, noting that they believe the near-term bottom to the market at $3.810 was recorded last Thursday.

April 8, 2010

Futures Association Against CFTC Setting Speculative Limits

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

March 22, 2010

Futures Association Against CFTC Setting Speculative Limits

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

March 22, 2010

Futures Association Against CFTC Setting Speculative Limits

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

March 22, 2010

Transportation Notes

Noting that the force majeure declared Monday at Cheyenne Compressor Station remains in effect, Rockies Express (REX) said it had completed an assessment and procured the necessary parts to repair the impacted compressor unit. REX said it had begun removing the damaged transformer Tuesday, “but given the potential for adverse weather conditions, resumption of service is now anticipated to occur on or about Sunday” instead of Thursday as previously hoped. Until further notice nominated quantities through Segment 200 will be limited to 1,550,000 Dth/d, which means AOR/IT, secondary and primary FT volumes are at risk of not being fully scheduled, the pipeline said. Also, REX said it has canceled March 16-17 maintenance at Wamsutter Compressor Station that had been announced last month.

March 11, 2010

Transportation Notes

Noting that the force majeure declared Monday at Cheyenne Compressor Station remains in effect, Rockies Express (REX) said it had completed an assessment and procured the necessary parts to repair the impacted compressor unit. REX said it had begun removing the damaged transformer Tuesday, “but given the potential for adverse weather conditions, resumption of service is now anticipated to occur on or about Sunday” instead of Thursday as previously hoped. Until further notice nominated quantities through Segment 200 will be limited to 1,550,000 Dth/d, which means AOR/IT, secondary and primary FT volumes are at risk of not being fully scheduled, the pipeline said. Also, REX said it has canceled March 16-17 maintenance at Wamsutter Compressor Station that had been announced last month.

March 11, 2010

EQT Expanding Marcellus Shale Holdings

Noting well results that have been better than expected, Pittsburgh-based EQT Corp. said lat Tuesday it will expand its position in the Marcellus Shale in Pennsylvania by acquiring about 58,000 net acres from a group of private operators and landowners.

March 8, 2010

EQT Expanding Marcellus Shale Holdings

Noting well results that have been better than expected, Pittsburgh-based EQT Corp. said Tuesday it will expand its position in the Marcellus Shale in Pennsylvania by acquiring about 58,000 net acres from a group of private operators and landowners.

March 3, 2010

EQT Expanding Marcellus Shale Holdings

Noting well results that have been better than expected, Pittsburgh-based EQT Corp. said Tuesday it will expand its position in the Marcellus Shale in Pennsylvania by acquiring about 58,000 net acres from a group of private operators and landowners.

March 3, 2010