Piggybacking on the $2.69/bbl July crude futures gain, stifling heat in a number of key regions and widespread speculation on storm rumblings in the tropics, July natural gas futures on Monday once again punched above the psychological $13 barrier. After trading between $13.029 and $13.266, the prompt-month contract finished the day’s regular session at $13.203, up 20.9 cents from Friday’s finish.
Stifling
Articles from Stifling
Production Growth to Have ‘Major Negative Impact’ on LNG — PIRA, Lippman
The drilling boom in the Gulf Coast and Midcontinent regions probably will end up stifling liquefied natural gas (LNG) import growth but won’t come close to filling up the plethora of proposed gas pipelines, according to a new study by New York City-based consulting firm PIRA Energy Group and El Paso-based Lippman Consulting Inc. (LCI).
Production Growth to Have ‘Major Negative Impact’ on LNG — PIRA, Lippman
The drilling boom in the Gulf Coast and Midcontinent regions probably will end up stifling liquefied natural gas (LNG) import growth but won’t come close to filling up the plethora of proposed gas pipelines, according to a new study by New York City-based consulting firm PIRA Energy Group and El Paso-based Lippman Consulting Inc. (LCI).
Arizona Muni Accuses Questar of Stifling Competition
An Arizona municipality, which seeks to start up its own gasdistribution system, has accused an out-of-state distributor ofhiding behind its Hinshaw status to justify its refusal totransport interstate gas for resale to the municipal’s potentialcustomers. Without the distributor’s transportation link, themunicipal says its dream of its own system will fizzle. Thedistributor, on the other hand, contends that its denial of transportation service is strictly a business decision.