The common thinking of natural gas futures traders and analysts appears to be that the market is priming for an upward reversal followed by an extended stretch run of buying; however, the timing of the switch is still anyone’s bet. Until the rebound begins, some industry experts believe the downside is still open on a limited basis, which April natural gas futures tested once again on Monday.
Stretch
Articles from Stretch
El Paso Wants to Close Gap Between Intrinsic Value, Share Price
El Paso Corp. last week reported its fourth straight profitable quarter, the longest stretch since 2000, but the news received a mixed reaction from analysts and shareholders.
March 3, 2008
El Paso’s Earnings Report Draws Mixed Reaction
El Paso Corp. reported its fourth straight profitable quarter on Tuesday, the longest stretch since 2000, but the news received a mixed reaction from analysts and shareholders.
February 27, 2008
California Hydrogen Highway Stalled; PG&E Balks
California’s widely heralded plans a few years back to create a “Hydrogen Highway” by developing 100 fueling stations along the 400-mile stretch between Los Angeles and San Francisco by 2010 has hit some roadblocks as two stations have closed and planned facilities are being canceled. The latest was dropped by Pacific Gas and Electric Co. (PG&E).
January 14, 2008
Natural Gas Futures Climb as Crude Tops $73/Bbl Again
Coming off of a couple of hectic trading weeks that saw prompt-month natural gas rally significantly in a short stretch of time only to sink just as quickly, June natural gas futures on Monday traded within a $6.570 to $6.800 range before closing at $6.695, up 14 cents on the day. Monday’s close higher halted a seven-day streak of lower settlements.
May 2, 2006
LNG Tanker Truck Burns East of Reno, Nearby Evacuations Ordered
The cargo of a tanker truck reported to be carrying liquefied natural gas (LNG) caught fire on a stretch of Interstate Highway 80 about 30 miles east of Reno, NV, causing the highway to be shut in both directions and residents and businesses within a one-mile radius evacuated. A pipeline safety engineer from the Nevada Public Utilities Commission was headed to the scene early in the afternoon for a fire that broke out near a truck rest stop about 11 a.m. PDT.
September 15, 2005
FERC Approves Paiute Pipeline Acquisition of Peaking Facilities
FERC Wednesday approved a certificate for Paiute Pipeline to acquire and operate the H.G. Laub LNG storage peaking facilities and an associated stretch of pipeline near Lovelock, NV from Uzal LLC for $21.97 million. Paiute currently leases and operates the facilities, which were built in 1982, including the 61 miles of 20-inch pipeline loop.
December 16, 2004
Williams to Replace Rupture-Prone Section of Northwest Pipeline
Troubleshooting a 268-mile stretch of pipeline in the state of Washington that has been susceptible to ruptures, the Williams Companies’ Northwest Pipeline filed an application with FERC last week requesting authorization to construct and operate an estimated $333 million pipeline replacement project.
December 6, 2004
Williams to Replace Rupture-Prone Section of Northwest Pipeline
Troubleshooting a 268-mile stretch of pipeline that has been susceptible to ruptures, a unit of Williams on Monday filed an application with the Federal Energy Regulatory Commission requesting authorization to construct and operate an estimated $333 million project to replace natural gas capacity on its Northwest Pipeline in western Washington.
November 30, 2004
Williams to Replace Rupture-Prone Section of Northwest Pipeline
Troubleshooting a 268-mile stretch of pipeline that has been susceptible to ruptures, a unit of Williams on Monday filed an application with the Federal Energy Regulatory Commission requesting authorization to construct and operate an estimated $333 million project to replace natural gas capacity on its Northwest Pipeline in western Washington.
November 30, 2004
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
