House Science Committee Bearing Down on State AG Probe of ExxonMobil

The House Committee on Space, Science and Technology is stepping up its fight against state attorneys general (AG) who are probing ExxonMobil Corp.’s research into climate change, with a hearing planned in mid-September to review the wide-reaching investigation.

August 31, 2016

Emissions, Storage Pressure Eyed in Fed, State Probes of Aliso Canyon

Separate federal and state probes are now underway in California as the Aliso Canyon underground natural gas storage well leak continues to draw the spotlight. The leaking well in the foothills northwest of downtown Los Angeles has officials focusing on unanswered questions regarding the volumes of methane escaping into the atmosphere and the extent to which over-pressurization led to the well failure.

December 30, 2015

CPUC Moves to Quell Internal Attorneys’ Dispute on Pipe Cases

Under pressure from San Bruno city officials asking for a state probe of its actions and growing internal tensions, the California Public Utilities Commission (CPUC) on Wednesday reshuffled two key legal positions in the three consolidated penalty cases against Pacific Gas and Electric Co. (PG&E) for the 2010 natural gas transmission pipeline rupture and explosion in San Bruno.

June 28, 2013

Bulls Nowhere to Be Found as December Slides Further

Harnessing the momentum from Tuesday’s 15.3-cent plummet in December natural gas futures, traders continued to probe the downside Wednesday with mixed results. After starting the regular session with a low of $3.733, the prompt month contract reached a high of $3.800 just after 1 p.m. EDT before trimming lower to close at $3.749, down 3.2 cents from Tuesday’s regular session finish.

November 3, 2011


In the article “New Mexico Lawmakers Set Probe of February Gas Outages” (see Daily GPI, March 15), NGI incorrectly stated that a February natural gas service outage left “40,000” New Mexico Gas Co. customers without service. The correct number was 28,000 outages caused by the severe freeze (Feb. 1-3). NGI regrets the error.

March 16, 2011

Futures Inch Lower, But Significant Storage Draw Is Expected

Natural gas futures traders continued to probe the downside on Wednesday but had significantly reined in the bearish enthusiasm that was prevalent on Tuesday. January futures reached a low of $4.193 before closing the regular session at $4.222, down 3.3 cents from Tuesday’s regular session close.

December 16, 2010

Futures Continue Dredging for a Bottom as Hurricane Richard Dissipates

November natural gas futures continued to probe lower price levels on Monday after Hurricane Richard weakened to a tropical depression and was expected to peter out over the Yucatan, sparing Gulf of Mexico energy interests and the Gulf Coast. The front-month contract reached a new low for the move of $3.255 before closing out the regular session at $3.317, down 1.5 cents from Friday’s finish.

October 26, 2010

Lack of Support Leads Futures to the $3.70s Again

With no real storm threats materializing in the tropics and no shortage of supply, natural gas futures continued to probe lower price levels Friday as the November contract recorded a low of $3.788 before closing the regular session at $3.797, down 7.5 cents from Thursday finish and 21.2 cents from the previous week’s close.

October 4, 2010

Futures Sink Lower Following 58 Bcf Storage Build

After working a little higher in early Thursday morning trade, the October natural gas futures contract returned to probe the downside after the Energy Information Administration (EIA) reported that 58 Bcf was injected for the week ending Sept. 3.

September 10, 2010

Futures Support at $4 Holds Again, But for How Long?

Natural gas futures traders continued to probe $4 support on Tuesday as the September contract recorded a low of $4.027 before closing at $4.039, down 2.7 cents from Monday’s finish.

August 25, 2010
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