Cash, Futures Dance Higher Despite Waffling Weather Outlooks

The overall cash market advanced another 6 cents on average with only a minority of points in the loss column and some locations sporting double-digit gains. Rockies and northern California points were strong as well as the Gulf Coast and the Midcontinent. Much to the delight of market technicians, futures put in a new high, and at the close November was 3.0 cents higher at $3.617 and December had added 4.3 cents to $3.947. November crude oil followed slumping equity markets and dropped $2.05 to $90.05/bbl.

October 22, 2012

BLM Proposal to Downsize Oil Shale Development Draws Broad Support

Maintaining that Colorado’s water supply is too fragile to put at risk, a diverse coalition of more than 100 of the state’s business, conservation and sporting groups sent a letter of support Wednesday for a U.S. Bureau of Land Management (BLM) proposal to reduce the amount of land available for oil shale research and development.

August 20, 2012

Michigan Generator Friendly; Has Adequate Capacity

It’s no accident that Michigan will be sporting an additional 3,500 MW of generating capacity by the time summer peaks roll around, according to a Michigan regulator, who said his state is generator friendly and should be able to handle whatever demand challenges are ahead.

April 22, 2002