Traders appeared to be reassessing the severity and duration of current cold weather in the Midwest and East on Tuesday as January natural gas made a feeble attempt higher before falling. The prompt month settled at $13.489, down 17.1 cents for the day, which brings the two-day decline to 44.2 cents.
Severity
Articles from Severity
Raymond James Analysts Warn U.S. Gas Supply ‘Careening’ Toward Shortage
Depending on the severity of the coming winter, Raymond James energy analysts are warning that the U.S. natural gas supply may be “rapidly careening” toward a gas shortage, anywhere from 3-10 Bcf/d short of demand. Analysts revised their gas price estimates upward through 2003, and expect prices to reach at least $4.50/Mcf by the first quarter of next year.
October 7, 2002
Raymond James Analysts Warn U.S. Gas Supply ‘Careening’ Toward Shortage
Depending on the severity of the coming winter, Raymond James energy analysts are warning that the U.S. natural gas supply may be “rapidly careening” toward a gas shortage, anywhere from 3-10 Bcf/d short of demand. Analysts revised their gas price estimates upward through 2003, and expect prices to reach at least $4.50/Mcf by the first quarter of next year.
October 1, 2002
Calpine to Build 1,100 MW in Northern California
With electricity woes in California continuing to grow inseverity, Calpine Corp. is in the process of easing the strain inthe long term as it considers plans to develop and operate an 1,100MW natural gas-fired electric generating facility in AlamedaCounty, CA.
December 18, 2000
Calpine to Build 1,100 MW in Northern California
With electricity woes in California continuing to grow inseverity, Calpine Corp. is in the process of easing the strain inthe long term as it considers plans to develop and operate an 1,100MW natural gas-fired electric generating facility in AlamedaCounty, CA.
December 13, 2000
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