Stick

Los Angeles-based Occidental Petroleum Corp. (Oxy) intends to stick with plans it announced last year to cut natural gas production in the Midcontinent because low prices continue to be “horrible,” CEO Stephen Chazen said Wednesday.

The City of Wellsburg, WV, has taken its first step toward repealing an ordinance it had enacted less than three months ago calling for a ban on natural gas drilling within the city and an adjacent one-mile buffer zone.

The petrochemical industry is growing more comfortable with the idea that favorable natural gas liquids (NGL) prices are going to stick around and players are positioning themselves to take advantage of that, Enterprise Products Partners LP Chief Commercial Officer Jim Teague told financial analysts last week.

The petrochemical industry is growing more comfortable with the idea that favorable natural gas liquids (NGL) prices are going to stick around and players are positioning themselves to take advantage of that, Enterprise Products Partners LP Chief Commercial Officer Jim Teague told financial analysts Monday.

January natural gas futures pushed to a new high on Monday at $5.409 as temperature forecasts were calling for the chill to stick around longer than expected for much of the United States. The prompt-month contract ended up closing out the day at $5.332, up 16.9 cents from Friday’s finish.

If you missed the last bandwagon, stick around; there will be another one coming along soon. Not to be outdone by health care reform friends and foes, energy companies and environmentalists are going on the road with the aim of staging as many rallies as possible in Congressional home districts during the August recess, aiming to influence votes in September. It’s the populist revolution and everyone’s in the game.

If you missed the last bandwagon, stick around; there will be another one coming along soon. Not to be outdone by health care reform friends and foes, energy companies and environmentalists are going on the road with the aim of staging as many rallies as possible in Congressional home districts during the August recess, aiming to influence votes in September. It’s the populist revolution and everyone’s in the game.

Is it better to stick with what you know or strike out and look for something better? Independent producers can succeed with either strategy, as W&T Offshore Inc. and Newfield Exploration Co. have demonstrated.

Is it better to stick with what you know or strike out and look for something better? Independent producers can succeed with either strategy, as W&T Offshore Inc. and Newfield Exploration Co. have demonstrated.