Straight

Canadian natural gas exports are headed for their second straight annual decline. With results in for two-thirds of the current contract year, sales volumes are down by 2%. Border prices have eroded by 1%. Revenues are off by 3%.

Canadian natural gas exports are headed for their second straight annual decline. With results in for two-thirds of the current contract year, sales volumes are down by 2%. Border prices have eroded by 1%. Revenues are off by 3%.

Price changes continued to be mixed for a second straight day Tuesday, but slight downturns remained slightly dominant. A small retreat of high temperatures coming Wednesday in parts of the South, along with mild forecasts for the Northeast, Midwest/Midcontinent and Rockies, were abetted by the previous day’s decline of about a nickel by September futures in sending a small majority of cash points lower.

Canadian natural gas exporters are firmly on track — downhill — toward a second straight year of decline in annual sales, according to trade records kept by the National Energy Board (NEB).

Canadian natural gas exporters are firmly on track — downhill — toward a second straight year of decline in annual sales, according to trade records kept by the National Energy Board (NEB).

The spot market continued to rely on significant heat levels for early June and prior-day futures strength in rising at all points for a second straight day Friday. Thursday’s report of a slightly below-expectations storage injection, which came out too late to impact most of that day’s cash trading, was an extra impetus for the price gains despite the typically lower industrial load during a weekend period.

Natural gas futures bears were stymied for a second straight day Wednesday as April natural gas failed to dredge new territory. After putting in a low of $4.680, the prompt-month contract finished the regular session at $4.757, up 4.9 cents from Tuesday’s close.

Natural gas futures bears were stymied for a second straight day Wednesday as April natural gas failed to dredge new territory. After putting in a low of $4.680, the prompt-month contract finished the regular session at $4.757, up 4.9 cents from Tuesday’s close.

Canadian natural gas field contractors are braced for their second straight lean year while the industry defers drilling until supply gluts burn off and the Alberta government retools development policies.