Putting

Futures Falter After $8 Breach Failure

After putting in a strong start Thursday, February natural gas futures slumped in afternoon trading to close at $7.674, down 17.6 cents from Wednesday. The current below-normal temperatures in much of the East kept the prompt month contract from giving back all of its recent gains, but a warm-up in the near future could exert more downward pressure on prices.

January 4, 2008

Finishing Touches Being Put on Energy Bill

Democratic negotiators on Capitol Hill are putting the finishing touches on a final energy bill that lawmakers could take up as early as this week, congressional aides said.

December 3, 2007

Finishing Touches Being Put on Energy Bill

Democratic negotiators on Capitol Hill are putting the finishing touches on a final energy bill that lawmakers could take up as early as next week, congressional aides are reporting.

November 29, 2007

UN Final Climate Change Report Puts More Pressure on Energy

The United Nations (UN) issued its fourth and final report on global climate change last Saturday, putting an exclamation point on the growing consensus that global warming is real, humans have contributed significantly to it and an international effort will be needed to mitigate and reverse its potential negative impacts. It leaves the energy industry facing greater pressures, particularly the coal sector.

November 20, 2007

BLM Readies Two Pinedale Anticline Gas Drilling Plan Alternatives

The Bureau of Land Management (BLM) in Wyoming is close to putting two alternatives on the table that may allow natural gas operators in the gas-prone Pinedale Anticline in the southwestern part of the state to coexist with the abundant wildlife there.

September 4, 2007

BLM Readies Two Pinedale Anticline Gas Drilling Plan Alternatives

The Bureau of Land Management (BLM) in Wyoming is close to putting two alternatives on the table that may allow natural gas operators in the gas-prone Pinedale Anticline in the southwestern part of the state to coexist with the abundant wildlife.

September 3, 2007

U.S. LNG Imports Surge in First Quarter

U.S. imports of liquefied natural gas (LNG) in the first quarter rose 65% over the year-earlier period, putting the country on track to break a two-year slump in imported LNG volumes, according to the Energy Information Administration (EIA).

June 11, 2007

Futures Finish Lower As Traders Finally Digest Healthy Storage Levels

What a difference a week can make. After putting in an $8.210 regular-session high on Monday, July natural gas futures came full circle by Friday in reaching a low of $7.650 before settling at $7.663, down 16.2 cents on the day and 21.5 cents lower for the week.

June 11, 2007

U.S. LNG Imports Surge in First Quarter

U.S. imports of liquefied natural gas (LNG) in the first quarter rose 65% over the year-earlier period, putting the country on track to break a two-year slump in imported LNG volumes, according to the Energy Information Administration (EIA).

June 7, 2007

Traders Halt Recent Futures Decline Ahead of Potentially Sizeable Storage Pull

Putting an end to the three-day run lower by May natural gas futures, the prompt month on Wednesday closed 7.9 cents higher at $7.497 after meeting expected support down near the $7.400 level. Whether the market has another $8 run in it remains to be seen and will likely be decided to some degree by Thursday morning’s storage report, which some point out could reveal a record-setting withdrawal for the month of April.

April 19, 2007
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