After shuffling to new 16-month lows for the second session in a row Thursday, natural gas futures steadied in the afternoon as several large commercial accounts supported the market with their buying presence. The September contract finished at $2.811, down 3.7 cents for the session but almost a nickel higher than its $3.765 low.
Shuffling
Articles from Shuffling
PG&E Gas Group Set to Move to Bethesda, MD
PG&E’s organizational shuffling is not over yet. A weekafter announcing plans to sell its entire energy services divisionand a month after selling its unprofitable Texas gas transmissionassets to El Paso, PG&E Corp. has told all of its Houston-basedgas traders to pack their bags and prepare for a move to Bethesda,MD.
PG&E Gas Group Set to Move to Bethesda, MD
PG&E’s organizational shuffling is not over yet. A weekafter announcing plans to sell its entire energy services divisionand a month after selling its unprofitable Texas gas transmissionassets to El Paso, PG&E Corp. has told all of its Houston-basedgas traders to pack their bags and prepare for a move to Bethesda,MD.