Repeat

This week’s market started out looking suspiciously like the one preceding it, with prices rebounding solidly Monday from weekend softening. But a couple of sources doubted that last week’s run of rising prices right on through to till the weekend arrived will be repeated, particularly with a holiday weekend approaching.

Wednesday’s market was virtually a repeat of the one Tuesday, with little or no price movement at the great majority of points and the few increases or decreases being capped at about a nickel. Lingering cold in the Midwest and Northeast was being joined by a modest amount of cooling load developing from Texas through the desert Southwest into California.

Seeing little change in fundamental influences, Tuesday’s market was almost a repeat of the day before. Most points were again close to flat, with some ranging to a little more than a dime up or down. The primary difference was that softening trends showed up more often Tuesday.

Gas consumers should expect high prices this winter and a gas market situation similar to what occurred last winter, the Natural Gas Supply Association (NGSA) warned last week in its Natural Gas Winter Outlook.

The Natural Gas Supply Association (NGSA), which represents the nation’s biggest natural gas producers, has warned consumers to expect high gas prices this winter and a gas market situation similar to what occurred last winter.

Guarding against a repeat of the financial troubles that have devastated the merchant energy sector, the Committee of Chief Risk Officers (CCRO) Wednesday published proposed guidelines for assessing capital adequacy in a stressed environment, both for a company’s long-term viability and its short term liquidity.

Guarding against a repeat of the financial troubles that have devastated the merchant energy sector, the Committee of Chief Risk Officers (CCRO) Wednesday published proposed guidelines for assessing capital adequacy in a stressed environment, both for a company’s long-term viability and its short term liquidity.

Natural gas futures took a long road to nowhere Thursday as prices moved to either side of the recent trading range on waves of local and commercial liquidation and short-covering.

California’s energy infrastructure has sufficient upgrades to stave off any repeat of the 2000-2001 crisis through the next two to three years, but failure of federal and state regulatory policy to keep pace casts a lot of uncertainty over the structural advances, according to state energy official and a gas utility executive who spoke to an energy industry conference in San Francisco Friday.