Day-earlier futures pointed the way for the cash market most of last week, but in most cases Friday prices refused to go along with Thursday’s 6.1-cent screen gain. Instead they bowed to the reality of light weather-based demand, abundant storage inventories and the drop in industrial load that is typical of a weekend market.
Pointed
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Anadarko Chief Sees Slow or No Production Growth
Like other producers last week who pointed to flat growth (seerelated story) despite ramped up exploration and productionprograms, Anadarko Energy Services president Richard Sharplespredicted U.S. domestic gas production may rise only slightly thisyear.
February 20, 2001
Survey: Industry Doubts Canadians Can Fill Pipes
It should come as no surprise to anyone following the gasindustry that a recent survey of companies found the gas world tobe of “two minds” when it comes to supply-demand issues.
April 20, 1999