Staying

With projections for natural gas staying “far less expensive” than oil through 2040, substantial growth in gas use for electric generation and various industrial applications is also expected, according to the 2013 Annual Outlook by the U.S. Energy Information Administration (EIA).

Not even forecasts of next-day weather staying relatively moderate, combined with Monday’s drop of 5.1 cents by February futures, were able to knock continued general firmness out of the cash market Tuesday. Somehow the widely acknowledged fact of abundant storage remaining available is having little impact on continued purchases of spot gas.

A core of customers is staying loyal to TransCanada Corp.’s troubled natural gas Mainline from Alberta to Ontario, Quebec, and border crossings into the United States, the beleaguered transporter said.

A core of customers is staying loyal to TransCanada Corp.’s troubled natural gas Mainline from Alberta to Ontario, Quebec, and border crossings into the United States, the beleaguered transporter said.

With Florida citygate prices peaking at $14 on the Aug. 4 trading date and staying well above the rest of the market since mid-June, FERC said it is aware of the situation but believes “extenuating circumstances” in the state explain the price run-up.

With Florida citygate prices peaking at $14 on the Aug. 4 trading date and staying well above the rest of the market since mid-June, FERC said it is aware of the situation but believes “extenuating circumstances” in the state explain the price run-up.

Only a couple of Western Canadian points where temperatures were staying fairly mild got left out of heat-driven gains at all other locations Monday. The previous Friday’s advance of 9.6 cents by September futures gave an added boost to the cash market.

With prices staying persistently low, now may be the best time to invest in long-term natural gas contracts, according to Paul Corby, senior vice president of Planalytics.

With prices staying persistently low, now may be the best time to invest in long-term natural gas contracts, according to Paul Corby, senior vice president of Planalytics.