April natural gas futures drifted lower Monday as traders continue to focus on a rangebound market and see no compelling reason for prices at current elevated levels. At the close April futures eased seven-tenths of a cent to $4.161 and May slid five-tenths of a cent to $4.241. April crude oil vaulted $1.26 to $102.33/bbl.
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Articles from Occurrence
North Dakota’s ‘Nuisance’ Gas Could Be Seen in New Light
Natural gas has been turning up in North Dakota water wells for generations, and for the last four years geologists there have been studying its occurrence in observation water wells with the possibility in mind that it could be a viable commercial resource.
January 18, 2011
North Dakota Shallow Gas Might Not Be a ‘Nuisance’
Natural gas has been turning up in North Dakota water wells for generations, and for the last four years geologists there have been studying its occurrence in observation water wells with the possibility in mind that it could be a viable commercial resource.
January 17, 2011
Higher Weekend Prices Return; West, Northeast Flat
The cash market returned to the formerly unusual occurrence ofrising weekend prices Friday. It’s not so unusual any more afterthree of the last four Fridays saw general increases.
March 27, 2000
Transportation Notes
Westcoast notified shippers Wednesday that a force majeureoccurrence knocking out all processing capacity at its Pine RiverPlant had been resolved and processing was back to normal. Theplant experienced a total PLC (programmable logic controller)failure Monday afternoon, but the problem was fixed Tuesdayevening, Westcoast said.
February 24, 2000
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