It’s the price, stupid! At least that seemed to be the underlying theme and tension for a supplier/marketer/end-users discussion of demand-side issues facing gas purchasers at GasMart 2008 in Chicago last Wednesday.
Seemed
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Disconnect Between Suppliers, End-Users Centers on Price, GasMart Panel Says
It’s the price, stupid! At least that seemed to be the underlying theme and tension for a supplier/marketer/end-users discussion of demand-side issues facing gas purchasers at GasMart 2008 in Chicago Wednesday.
Sempra Undaunted by Delays in Key Projects
San Diego-based Sempra Energy executives seemed unconcerned about cost increases and delays in some of the company’s key projects so far this year when they spoke with financial analysts Tuesday in a conference call.
Slimmed-Down Energy Bill Wins Over Senate GOP Opponents
Speedy passage of a slimmed-down Senate energy bill seemed all but assured Thursday night after Democratic leaders agreed to scrap the controversial $21.8 billion tax package that Senate Republicans and President Bush opposed.
Futures Rally Fails as January Finishes Just Above $7
Psychological support at $7 held up once again on Tuesday for January natural gas futures, but the talk among traders seemed to indicate that the last stand could be right around the corner as temperatures are likely to warm up in the latter part of December. The prompt-month contract closed Tuesday at $7.085, up 5.3 cents from Monday.
Only One Point Left Out of Overall Price Rally
It seemed rather unlikely but a combination of gradually warming temperatures in some areas and modest prior-day futures support propelled the cash market to gains at nearly all points Thursday. Only a small decline at Cheyenne Hub averted an across the board run of higher pricing and kept mixed daily price movement in play for yet another day.
What to Do When $5 Is the New $2 and $10 Is the New $3
For the longest time it seemed that natural gas prices hovered around $2-3 with a spike here and there. Now the range is $5-10. Oh, how times have changed. Speakers at GasMart 2007 in Chicago last week remembered the old days, briefly, while they advised attendees on how to deal with the new era of prices.
What to Do When $5 Is the New $2 and $10 Is the New $3
For the longest time it seemed that natural gas prices hovered around $2-3 with a spike here and there. Now the range is $5-10. Oh, how times have changed. Speakers at GasMart 2007 in Chicago Thursday remembered the old days, briefly, while they advised attendees on how to deal with the new era of prices.
EOG’s Papa Says Barnett Bigger Than Expected
The adjectives used to describe the Barnett Shale play — “prolific,” “gas-rich,” “abundant” — may have, at times, seemed superfluous. But the simple language EOG Resources Inc. CEO Mark Papa used last week to describe his take on the Texas play may be the most descriptive: “bigger than we expected.”
Massachusetts Law Buries Another Stake into Heart of Weaver’s Cove LNG
Weaver’s Cove LNG, the liquefied natural gas (LNG) import project that seemed hardest to kill, may have finally received a death blow. Massachusetts state Sen. Joan Menard (D-Fall River) and state Rep. Robert Correia (D-Fall River) said last Monday that legislation they sponsored to restrict LNG tankers in Massachusetts waters passed in both the House and Senate and was enacted on Monday.