Although there are only two vacant seats on the California Public Utilities Commission (CPUC), Gov. Jerry Brown could have a third seat to fill if one sitting member’s six-year term is not approved by the state Senate later this month.
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Futures Tumble From Highs as Near-Term Forecasts Tempered
Natural gas bulls thought they were in the driver’s seat as just prior to the opening of Monday’s floor trading January futures traded as high as $4.547, a stout 13 cent rise relative to Friday’s settlement.
West Virginia E&P Begins Sixth Marcellus Well
Trans Energy Inc. has begun drilling its sixth horizontal well in Marshall County, WV, looking to further tap into the area’s Marcellus Shale gas, the independent exploration and production company said Monday.
Futures Make Another New Low; Is $2.409 Back in Play?
Natural gas futures bears were still very much in the driver’s seat after the November futures contract on Friday recorded the fourth new low for the downtrend, just in the past week. The front-month contract recorded a low of $3.290 before closing the regular session at $3.332, down 3.6 cents from Thursday and 20.3 cents lower than the previous week’s finish.
Murkowski to Run Write-In Campaign for Alaska Senate Seat
Sen. Lisa Murkowski (R-Alaska) Friday announced that she will be an independent write-in candidate in November for the Senate seat that she now holds.
With Brown Win in Massachusetts, Fate of Cap-and-Trade Becomes Precarious
The fate of cap-and-trade legislation this year became even more precarious Tuesday as Massachusetts Republican Scott Brown captured the seat of the late Sen. Edward Kennedy.
AGA Prepares ‘Full Court Press’ For Climate Debate
The American Gas Association (AGA) expects to take a prominent seat as climate change legislation is debated next year. The association is preparing a “full court press” for the discussions, according to incoming Chairman Bob Skaggs.
AGA’s 2010 Climate Pitch: ‘Gas is Good’
The American Gas Association (AGA) expects to take a prominent seat as climate change legislation is debated next year. The association is preparing a “full court press” for the discussions, according to incoming Chairman Bob Skaggs.
NatGas Futures Inch Higher While Crude Values Skyrocket
Natural gas futures trading took a back seat Monday to the wild day of action in the expiring October crude contract, which at one point was trading more than $25 higher than Friday’s close. October crude ended up going off the board at $120.92/bbl, up $16.37, or nearly 16% from Friday’s close, while October natural gas gained 13.7 cents to finish at $7.658/MMBtu.
Crude Strength Helps NatGas Futures Approach $13
While July natural gas futures recorded lofty gains of their own, the commodity on Friday once again took a back seat to big brother crude, which saw the July futures contract gain an astounding $10.75 to close out the day’s regular session at a record $138.54/bbl. July natural gas continued to hone in on the $13/MMBtu price level by gaining 17.4 cents Friday to close at $12.693, up 99 cents from the contract’s finish in the previous week.