Straight

Futures Finish Week Just North of $4

Natural gas futures gave back a few pennies on Friday but still settled north of $4 for the second straight day as the frenzy of tropical weather activity, which to date has spared U.S. energy interests, could be lining up for a Gulf of Mexico strike by the end of the month.

September 20, 2010

In Calgary the Gas Bears Roam Free

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%.

September 6, 2010

Calgary: Where the Gas Bears Roam Free

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%.

September 3, 2010

Modest Softness Continues in Most of Market

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.

August 25, 2010

Up North the Trend Is Still Down

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).

July 12, 2010

Canadian Exports Slipping, Prices Soft

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).

July 12, 2010

All-Points Price Increases Continue Into Weekend

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.

June 7, 2010

Futures Add Pennies Prior to Storage Report

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.

March 4, 2010

Futures Add Pennies Prior to Storage Report

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.

March 4, 2010

The Mood Is Dour in Canada’s Gas Patch

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.

November 9, 2009