Spike

Northeast Ready for Summer Electricity Demand

No spike in natural gas demand for power generation in the Northeast is expected this summer as the Northeast Power Coordinating Council Inc. (NPCC) said last week that a recently completed reliability assessment shows that the region will have an adequate supply of electricity this summer.

May 20, 2013

Northeast Expected to Have Adequate Power Generation this Summer

No spike in natural gas demand for power generation in the Northeast is expected this summer as the Northeast Power Coordinating Council Inc. (NPCC) said Tuesday that a recently completed reliability assessment shows that the region will have an adequate supply of electricity this summer.

May 15, 2013

ACSF: NGVs Only 2% of U.S. Gas Demand in 2025

Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).

April 15, 2013

Report: NGVs Won’t Spike Natural Gas Prices in 2025

Natural gas vehicles (NGV) will represent just 2% of the overall demand for natural gas in the United States by 2025, making them unlikely to cause a spike in natural gas prices, according to a report by the American Clean Skies Foundation (ACSF).

April 15, 2013

Fracking Prohibition Would Turn LNG Tankers This Way, Speaker Says

Back in 2007 the United States was in store to get about 130 metric tons of liquefied natural gas (LNG) imports. However, North American shale gas plays have changed all that. But if hydraulic fracturing (fracking) well stimulation is outlawed or severely curtailed, it could be back to the future where LNG imports are concerned.

May 23, 2011

Northeast Soars; Some Midcontinent Gains but Most Points Fall

Prices continued to spike at Northeast citygates Tuesday, and they were joined by lesser displays of strength at some locations in the Midcontinent and West Texas. However, softer numbers again ruled in a moderate majority of the cash market despite a new winter storm moving into the South and lows around zero or lower being forecast for much of the Midwest.

February 9, 2011

Traders Unsure What to Make of 89 Bcf Storage Pull

Following the market’s recent tradition of following a large spike with a similar collapse a day or two later, January natural gas futures answered Wednesday’s 21.3-cent jump with a 17.1-cent drop Thursday to close at $4.435.

December 10, 2010

Prices Continue to Increase at Nearly All Points

Nearly all of the cash market again saw substantive upticks Tuesday, drawing support from a 22.5-cent spike by July futures a day earlier and a fairly large amount of cooling demand from hot weather across most of the southern half of the U.S. Although chances of storm development were being discounted, some traders may have considered a low-pressure area in the Atlantic Ocean as an additional bullish factor.

June 16, 2010

Screen, Cold Weather Drive All Points Higher

Largely due to a prior-day futures spike following a much-larger-than-expected storage withdrawal report, but also because of very cold weather continuing to dominate North America forecasts, cash prices were up at all points Friday.

December 21, 2009

Northeast Spikes Belie Overall Stall of Price Advance

Prices continued to spike in the Northeast Wednesday, with a few other regional citygates joining Transco Zone 6-New York in jumps of about a dollar or more and Texas Eastern M-3 skyrocketing by more than $2. However, this week’s bullishness showed signs of stalling, with Gulf Coast numbers generally only a few cents both up and down from flat and markets in the Midcontinent/Midwest and West mostly on the moderately softer side.

December 17, 2009
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