Outlook

Relative to crude oil, the long-term outlook for strength in natural gas prices “has some significant headwinds,” according to Tudor, Pickering, Holt & Co. LLC (TPH) Managing Director David Pursell. But while there is plenty to worry about in the gas patch — oversupply, for one — liquefied natural gas (LNG) imports are not among the threats to gas producers, he said.

Relative to crude oil, the long-term outlook for strength in natural gas prices “has some significant headwinds,” according to Tudor, Pickering, Holt & Co. LLC (TPH) Managing Director David Pursell. But while there is plenty to worry about in the gas patch — oversupply, for one — liquefied natural gas (LNG) imports are not among the threats to gas producers, he said.

Weak natural gas prices and regulatory uncertainty — stemming from the Deepwater Horizon accident in the Gulf of Mexico — cloud the outlook for oilfield service (OFS) companies over the next year to 18 months, Moody’s Investors Service said in a report last week.

Weak natural gas prices and regulatory uncertainty — stemming from the Deepwater Horizon accident in the Gulf of Mexico — cloud the outlook for oilfield service (OFS) companies over the next year to 18 months, Moody’s Investors Service said in a report Tuesday.

With few exceptions, hot temperatures continue to dominate much of the North American weather outlook. That, along with a little boost from the previous day’s 3.4-cent rise by June futures, pushed prices higher at nearly all trading locations Wednesday.

The Energy Information Administration’s (EIA) projections for wellhead natural gas prices, consumption, production and imports in its annual energy outlook report for 2009 turned out to be pretty much on target, according to an agency review.

The Energy Information Administration’s (EIA) projections for wellhead natural gas prices, consumption, production and imports in its annual energy outlook report for 2009 turned out to be pretty much on target, according to an agency review.

Recent stock market weakness and a bearish 2010 U.S. natural gas outlook appear to be trumping improved energy fundamentals, and energy stocks “could get much uglier if the market malaise continues,” Raymond James & Co. Inc. analysts said last week.

Recent stock market weakness and a bearish 2010 U.S. natural gas outlook appear to be trumping improved energy fundamentals, and energy stocks “could get much uglier if the market malaise continues,” Raymond James & Co. Inc. analysts said Monday.