Nine years after the New York Mercantile Exchange (Nymex) inked an agreement with CME Group’s Chicago Mercantile Exchange to offer side-by-side trading of its products on the open outcry floor and on CME’s Globex electronic exchange, CME Group, which ended up acquiring Nymex in 2008, said late Tuesday it will close most of its floor futures trading pits — including natural gas — in Chicago and New York by July 2.
Outcry
Articles from Outcry
New ASTM Panel to Develop Fracking Standards
Responding in part to the public outcry over hydraulic fracturing (fracking), ASTM International has created a subcommittee to develop consensus standards that would provide best practices for the fracking of oil and natural gas wells in shale formations.
‘Crucify’ Comment Sends EPA Regional Chief Packing
Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned last Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.
Head of EPA Dallas Office Resigns Amid ‘Crucify’ Fallout
Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.
EPA Enforcer Resigns After ‘Crucify’ Industry Strategy Revealed
Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.
Questar CEO Urges Congress to Stay Clear of Pipe Safety Mandates
The outcry from Congress following the rash of pipeline accidents in recent months is to be expected, but legislative mandates are not the solution, said the head of Questar Pipeline last Monday.
Questar CEO Urges Congress to Stay Clear of Pipe Safety Mandates
The outcry from Congress following the rash of pipeline accidents in recent months is to be expected, but legislative mandates are not the solution, said the head of Questar Pipeline Monday.
Dominion Virginia Power Seeks Reregulation, Wants ROE Set by General Assembly
With the public outcry over rising power costs, Dominion Virginia Power believes the time is right for it to seek major changes to the regulatory structure of the power business in Virginia.
Association Officials: Winter Heating Bills Will Force Legislation
The public outcry over soaring energy prices this winter should force Congress to take action to boost domestic supply of gas and oil either before the Christmas holiday or early next year, major energy association officials predicted on Friday.
Lackluster Futures Price Retreat has Market Watchers Mixed
Adding to losses notched in Monday’s open-outcry session,natural gas futures gapped lower at the open yesterday and neverlooked back, as traders liquidated positions ahead of today’sstorage report. The February contract took the selling squarely onthe chin, tumbling 51.1 cents to close at $6.946. Estimated volumewas weak as only 42,671 contracts changed hands.