Taking a break from the passive expirations of recent months, the January natural gas futures contract went on a roller-coaster ride in the last hour of trading Thursday, soaring from $6.885 to a high of $7.240 before going off of the board at $7.172, up 12.6 cents from Wednesday’s close.
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Mirant Sues NRG Over Rejection of $8B Unsolicited Offer
Spurned but not passive, Atlanta-based Mirant Corp. Wednesday sued NRG Energy, Inc., the company it covets, for rejecting what is being described as an $8 billion takeover bid.
CAPP Urges Canadian Government Support for Development
Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”
CAPP Urges Canadian Government Support for Development
Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”