Stretch

The Marcellus Shale in Pennsylvania is generally divided into two regions, the northeast and the southwest, but increasingly the stretch of fairway between those regions is gaining prominence.

May options expiration on Tuesday saw the prompt-month natural gas futures contract continue its recent stretch of sideways trading as May futures bounced between $4.191 and $4.293 before closing out the day’s regular session at $4.216, down 4.6 cents from Monday’s finish. The contract expires Wednesday.

May options expiration on Tuesday saw the prompt-month natural gas futures contract continue its recent stretch of sideways trading as May futures bounced between $4.191 and $4.293 before closing out the day’s regular session at $4.216, down 4.6 cents from Monday’s finish. The contract expires Wednesday.

Natural gas futures traders continued their recent stretch of back-and-forth trading as the May contract shrugged off Friday’s nickel advance and dropped nearly a dime on Monday. The prompt-month contract reached a low of $3.902 before closing out the regular session at $3.944, down 9.5 cents from Friday’s finish.

Natural gas futures traders continued their recent stretch of back-and-forth trading as the May contract shrugged off Friday’s nickel advance and dropped nearly a dime on Monday. The prompt-month contract reached a low of $3.902 before closing out the regular session at $3.944, down 9.5 cents from Friday’s finish.

Backed by the recent stretch of colder weather in a number of high-gas demand regions, traders continued to keep upward pressure on the natural gas futures market on Tuesday as the front-month contract made yet another new high — both outright and on a closing basis — for the bull move that began three months ago.

A motion by Murray Energy Corp. for an immediate stay of construction on a 20-mile stretch of the REX-East Pipeline in eastern Ohio should be denied, according to a response filed at FERC Thursday by Rockies Express Pipeline LLC (REX).

Heading into what they hope is the home stretch for their permitting process, backers of the Jordan Cove liquefied natural gas (LNG) project at Coos Bay, OR, said last Monday they have reached an agreement with the Oregon Department of Energy on the would-be terminal’s future commitments to state, county and other governmental agencies. The announcement comes as the Jordan Cove backers await a final FERC environmental assessment May 1.

Heading into what they hope is the home stretch for their permitting process, backers of the Jordan Cove liquefied natural gas (LNG) project at Coos Bay, OR, announced Monday they have reached an agreement with the Oregon Department of Energy on the would-be terminal’s future commitments to state, county and other governmental agencies. The announcement comes as the Jordan Cove backers await a final FERC environmental assessment May 1.