After opening Friday at $6.560, which would end up sticking as the low for the day, February natural gas futures pushed higher as commercial hedgers covered their short positions ahead of the weekend. The prompt-month contract recorded a high of $6.940 before settling at $6.886, up 56.2 cents on the day and 28.5 cents higher than the previous week’s close.
Sticking
Articles from Sticking
October Futures Drop Significantly; Traders Eye Storage
With lowly Ernesto — now a tropical depression — sticking to a northern path and allowing the Gulf Coast to continue to quietly observe Hurricane Katrina’s one-year anniversary, October natural gas futures dug lower Wednesday, exploring price territory carved out Tuesday by the expiring September contract.
Canadian Producers Rediscovering Exploration
Canadian producers, prodded by strong demand and their inability to catch up by sticking to prevailing methods, show signs of at last adding dimensions in exploration and unconventional development to their natural gas supply strategies.
Canadian Producers Rediscovering Exploration
Canadian producers, prodded by strong demand and their inability to catch up by sticking to prevailing methods, show signs of at last adding dimensions in exploration and unconventional development to their natural gas supply strategies.
Duke Updates Patriot Extension Progress; Eyes Late 2003 Start-up
Sticking to its end of the year in service deadline, Duke Energy Gas Transmission (DEGT) said it has successfully installed, inspected and tested 1,666 feet of Patriot Extension natural gas pipeline under the New River in Wythe County, VA, and is continuing construction on a 53-mile section of the pipeline moving east from the river.
Duke Updates Patriot Extension Progress; Eyes Late 2003 Start-up
Sticking to its end of the year in service deadline, Duke Energy Gas Transmission (DEGT) said it has successfully installed, inspected and tested 1,666 feet of Patriot Extension natural gas pipeline under the New River in Wythe County, VA, and is continuing construction on a 53-mile section of the pipeline moving east from the river.
Upstream Exec Tapped to Lead ConocoPhillips E&P
Sticking with a plan to grow its upstream business, ConocoPhillips has begun 2003 with a new direction in its Exploration and Production (E&P) unit, announcing the retirement of a legacy Conoco Inc. executive whose skills were directed toward downstream products, and the promotion of a legacy Phillips Petroleum Co. executive, whose strong suit is the upstream.
Upstream Exec Tapped to Lead ConocoPhillips E&P
Sticking with a plan to grow its upstream business, ConocoPhillips will begin 2003 with a new direction in its Exploration and Production (E&P) unit, announcing the retirement of a legacy Conoco Inc. executive whose skills were directed toward downstream products, and the promotion of a legacy Phillips Petroleum Co. executive, whose strong suit is the upstream.
FGT Completes Second Stage of Phase V Pipe Expansion
Sticking to its outlined schedule, Florida Gas Transmission Co. (FGT) has placed in service the second stage of its four-stage Phase V Expansion project. The second stage of Phase V added approximately 64 miles of underground natural gas pipeline, increased compression by approximately 103,000 hp at new or existing compressor stations, and provided 298 MMcf/d of additional transportation capacity.
PPL To Build 540 MW Plant, Hike Capacity At Existing Site
Sticking with its strategy of adding electric generating capability in key U.S. markets, PPL Corp. yesterday unveiled plans to build a 540 MW power plant near Chicago and, separately, to increase the capacity of its Susquehanna nuclear plant in Pennsylvania by 100 MW.