Industry Cautioned About Shale ‘Euphoria’

While the opportunities associated with shale gas are “quite great,” an executive with a leading global investment firm Thursday cautioned industry about the “current euphoria around shale,” saying it could be “wrong-minded” if the challenges are not considered.

May 23, 2011

WSI: Hurricanes More Likely to Make Landfall This Year

The 2011 Atlantic hurricane season may not be as active as previously predicted, producing only as many tropical storms as the 1995-2010 average (15 named storms, including eight hurricanes, four of them Category Three or greater), but the United States can expect two or three hurricanes to make landfall this year, forecasters at WSI Corp. said Tuesday.

April 27, 2011

Cooling Trends Have Nearly All Points Flat to Up

No snowstorms are expected except for possibly in some mountainous areas of the West, but quite a few folks may be getting a reminder Tuesday that the winter season isn’t all that long departed. The chillier forecasts, aided slightly by the return of industrial load from its weekend decline, resulted in flat to higher prices at a large majority of trading points Monday.

April 12, 2011

Chevron’s U.S. Shale Plays to ‘Generate Opportunities,’ says E&P Chief

Chevron Corp. has its hand in nearly every natural gas and oil producing basin on- and offshore around the world. But for the long term, natural gas development will be the driver, and U.S. shale plays offer “opportunities” to sustain organic growth, the company’s exploration and production (E&P) chief said last Monday.

March 21, 2011

Rest of Market Finally Joins Northeast in Rising Prices

Something that the market had seen almost none of for quite a long time — higher prices across the board — occurred Wednesday.

January 13, 2011

Again: Northeast Soars as Most Points Shrug Off Cold

Although there are quite a few parts of North America as cold as or colder than the Northeast, that region remained the only one where major heating load was having a substantive impact on prices. At nearly all other locations moderate softness was returning Tuesday.

January 12, 2011

Mostly Near-Flat Quotes Signal Forecast Uncertainties

Is the latter half of January going to be extra-cold (quite bullish) or merely seasonable (somewhat bearish)? A lot of money could be riding on making the best strategic trading choices in such circumstances, and a few traders have indicated that they’re not sure what path to follow.

January 7, 2011

Declines Continue in Northeast; Most Points Up a Little

Wednesday’s cash market was quite a bit weaker than Tuesday’s; triple-digit declines continued at several Northeast citygates, but they were joined this time with falling numbers almost everywhere else as end-of-the-year weather forecasts were getting considerably milder.

December 23, 2010

Price Advance Largely Stalls Except in Northeast

The attack of very cold weather that gave a strong price-boosting start to the cash market as the week began lost quite a bit of its bullish influence Tuesday. Even the previous day’s prompt-month futures gain of 13.9 cents and the lingering effect of widespread freezing lows were unable to keep cash numbers from mixed movement and staying close to either side of flat.

December 8, 2010

EPA Endangerment Lawsuits Crowd Court

The number of parties challenging the Environmental Protection Agency’s (EPA) December endangerment finding has grown into quite a crowd that includes three states and a number of industry groups.

February 18, 2010