Shaking

In a stunning show of bearishness that had even the most seasoned traders shaking their heads, natural gas futures continued lower Friday as sellers demoted prices to new 13-month lows. A gap lower opening set the tone of the session, and bulls were never able to recover. The August contract spent most of the day trading near its $3.055 low, closing 18.4 cents weaker at $3.096.

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”

The energy online marketplace is crowded, confused and on theverge of shaking out and consolidating, according to three whoshould know, two CEOs of successful trading platforms and a Nymexexecutive, who last week shared their predictions at the EnergyRiskTech Conference in Houston.

The energy online marketplace is crowded, confused and on theverge of shaking out and consolidating, according to three whoshould know, two CEOs of successful trading platforms and a Nymexexecutive, who yesterday shared their predictions at the EnergyRiskTech Conference in Houston.

With Baltimore Gas and Electric Co.’s (BGE) deregulationsettlement in hand, parent Constellation Energy Group isanticipating the transfer of BGE non-nuclear generating plants andmaking organizational changes.

Despite the advent of retail gas and electric competition instates such as California, Georgia, Ohio and Pennsylvania,UtiliCorp United officials do not regret their decision earlierthis year to shelve retail commodity marketing and disband theEnergyOne partnership with PECO Energy. The outlook for retailcompetition is still quite bleak, UtiliCorp Chairman Richard C.Green, Jr. said at a press briefing in Washington, D.C. yesterday.The status of the retail market has not changed, and regulators andlegislators still appear headed in the wrong direction.