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Natural Gas Fund’s Impact on Futures Prices Debated

The natural gas futures market was abuzz last week over an analyst’s comments that growth in the United States Natural Gas Fund (UNG) might be responsible for the rebound in prices over the last month despite the lack of supportive fundamentals. While some analysts were claiming that the exchange-traded fund (ETF) might be cornering the market because it allegedly is holding title to as much as 80% of the June contract’s open interest on the New York Mercantile Exchange (Nymex), other analysts and traders were less convinced the story, and/or the percentage, could be true.

May 18, 2009

Goldman: Gas Bounty to Squeeze Coal Demand

Natural gas producers won’t be the only ones feeling pain from the world’s bloated gas supply and anemic recession-driven demand outlook. North American coal producers are poised for a hit as the gas market rebalances on the back of fuel switching from coal to gas for power generation, Goldman Sachs Group Inc. analysts wrote in a recent report.

March 16, 2009

Goldman: King Coal to Pay for Gas Overabundance

Natural gas producers won’t be the only ones feeling pain from the world’s bloated gas supply and anemic recession-driven demand outlook. North American coal producers are poised for a hit as the gas market rebalances on the back of fuel switching from coal to gas for power generation, Goldman Sachs Group Inc. analysts wrote in a recent report.

March 11, 2009

Mixed Price Moves Precede Expected Major Softness

Falling points modestly outnumbered rising ones Wednesday as forecasts of cooling trends in several areas vied for influence with warming trends in other areas, continuing hot weather across most of the southern half of the U.S. and a prior-day futures gain of 15.2 cents. Most of the losses were considerably larger than the gains, so overall softness was clearly dominant.

July 3, 2008

Industrials Hedge and Conserve in High-Price Era

Industrial endusers of natural gas have much to fret about in a world of rapidly escalating commodity prices, but the smart ones know that they can take measures to exert at least some control over their destinies.

May 26, 2008

Industrials Hedge and Conserve in High-Price Era

Industrial endusers of natural gas have much to fret about in a world of rapidly escalating commodity prices, but the smart ones know that they can take measures to exert at least some control over their destinies.

May 23, 2008

Most Points Still Rising; Midcontinent, West Soft

The market was showing more weakness Friday than it had all week, but rising points still outnumbered falling ones by approximately two to one. A potent winter storm was leaving the western end of the South behind and targeting the entire East Coast for the weekend, which supported Gulf Coast and Northeast gains. But warming trends caused most points in the Midcontinent and West to drop.

March 10, 2008

Energy Conservation Offers Opportunity, Not Sacrifice, Says Consultant

Successful energy companies in the years to come will be the ones that meet consumers’ needs — not necessarily those that produce the most oil and natural gas or electricity, a leading industry consultant said last week.

December 17, 2007

Energy Conservation Offers Opportunity, Not Sacrifice, Says Consultant

In the future, successful energy companies will be the ones that meet consumers’ needs — not necessarily those that produce the most oil and natural gas or electricity, a leading industry consultant said Wednesday.

December 13, 2007

Softness Again, But Lighter Than Before; Rockies Extend Ascent

While declines continued at most points, the cash market was relatively stronger on Wednesday as the drops were smaller than the ones on Tuesday in nearly every case. The day also recorded a few more points than before showing moderate upticks.

June 21, 2007