Once again softening cash prices followed the lead of theprevious afternoon’s screen movement, and if that tendencycontinues to hold true, expect another falling cash market today.Wednesday’s declines ranged from about a nickel to 20 cents, andCalifornia stood out again with losses greater than those in thegeneral market.
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Big Gas Finds Improve Canada’s Outlook
The Canadian natural gas community shows signs of curing itsexcess-capacity headache the easy way — by finding enoughsupplies with a few major wells to fill up the expanded pipelinegrid.
Big Gas Finds in Improve Canada’s Outlook
The Canadian natural gas community shows signs of curing itsexcess-capacity headache the easy way — by finding enoughsupplies with a few major wells to fill up the expanded pipelinegrid.
Ranking Shows Energy Execs Earn Big Bucks
Archie W. Dunham, chairman and CEO of Conoco Inc., is thehighest paid executive of all the energy companies eitherheadquartered in Houston, TX, or with a significant local presencethere, according an annual ranking by the Houston Chronicle thatwas released last week.
Ranking Shows Energy Execs Earn Big Bucks
Archie W. Dunham, chairman and CEO of Conoco Inc., is thehighest paid executive of all the energy companies eitherheadquartered in Houston, TX, or with a significant local presencethere, according an annual ranking by the Houston Chronicle thatwas released yesterday.
PG&E Shows ’99 Loss, Will Sell Services Unit
PG&E Corp. released negative financial results for 1999caused by its ill-fated experience with Texas natural gasproperties and signaled further retrenchment with the confirmationit is pursuing a buyer for its energy services operations, whichshowed growing losses last year.
PG&E Shows ’99 Loss; Will Sell Services Unit
PG&E Corp. released negative financial results for 1999caused by its ill-fated experience with Texas natural gasproperties and signaled further retrenchment with the confirmationit is pursuing a buyer for its energy services operations, whichshowed growing losses last year.
DOE Studies Need for NE Pipes
If a new study under way by the Department of Energy (DOE) showsmore natural gas pipelines are needed to the Northeast, SecretaryBill Richardson said he will go to Congress to promote the pipes tohelp reduce the region’s historic dependence on higher-pricedheating oil.
January Shows Early Strength, Then Slips a Little
Futures traders were unable to maintain upward momentum earlyyesterday after an initial push above the 40-day moving average toa high of $2.715. January futures fell back sharply in the morningand then traded sideways throughout the rest of the day to end down2.6 cents at $2.629. February lost 1.7 cents to settle at $2.609.The 12-month strip only lost eight-tenths of a cent.
New NOAA Forecast Shows Another Abnormal Winter Ahead
What are the chances that the U.S. would experience yet anotherwarmer-than-normal winter after just having two in a row?Apparently they’re pretty good right now, according to a new winterweather forecast released last week by the National Oceanic andAtmospheric Administration. One thing is certain: the La Ninatropical Pacific sea temperature event, which is expected toinfluence this winter’s weather, will throw a monkey wrench intoregional weather forecasting models.