Stuck

LNG, Oil Markets Roiled as Suez Canal Faces Issues with Stuck Container Ship

LNG, Oil Markets Roiled as Suez Canal Faces Issues with Stuck Container Ship

A massive container ship ran aground Tuesday in the Suez Canal, clogging one of the world’s most heavily trafficked shipping lanes and creating logistical hurdles for the liquefied natural gas (LNG) and oil trade, as well as for other commodities.  “The transit point is extremely vital,” ClipperData’s Matt Smith told NGI. Smith is director of…

March 24, 2021

Taxpayer Advocate Calls Marcellus Fee a ‘Tax’

The debate over generating revenue from the natural gas industry in Pennsylvania took a linguistic turn this week when a national tax opponent said that an impact fee working through the General Assembly is actually a tax.

May 27, 2011

Omnibus Lands Bill Stuck in House

The $10-12 billion omnibus lands package, which would remove millions of acres of public lands as prospects for potential oil and natural gas development, appears to be stuck in the House over procedural issues.

March 2, 2009

Omnibus Lands Bill Stuck in House

The $10-12 billion omnibus lands package, which would remove millions of acres of public lands as prospects for potential oil and natural gas development, appears to be stuck in the House over procedural issues.

February 27, 2009

Futures Finish Week Sub-$5 and 13% Lower Than Previous Week

Fittingly enough, traders of February natural gas futures stuck with their trend of the week Friday by continuing to side with the faltering economy over chilly temperatures. The prompt-month contract ended up dropping 4.2 cents Friday to close at $4.801, which was 71.5 cents, or 13% lower than the previous week’s finish.

January 20, 2009

Prospects Appear to Dim for Northern Gas Pipelines

The fate of two major long-haul natural gas pipelines intended to carry supplies to the Lower 48 appears to be stuck in neutral because of growing U.S. onshore production and the global financial crisis, U.S. and Canadian energy officials said.

October 27, 2008

Prospects Appear to Dim for Northern Gas Pipelines

The fate of two major long-haul natural gas pipelines intended to carry supplies to the Lower 48 appears to be stuck in neutral because of growing U.S. onshore production and the global financial crisis, U.S. and Canadian energy officials said.

October 27, 2008

Futures Tread Water as Traders Question Market’s Bullish Stance

Stuck within the recent trading range of $7.500 to $8.500, natural gas futures traders appear unable to reconcile the current price level with record storage levels and forecasts for a warm winter. On Tuesday, December natural gas futures punched back up above $8 for a second consecutive session, but much like Monday, traders were unable to sustain the momentum as the contract fell in the afternoon to close at $7.949, down 1.2 cents on the day.

November 14, 2007

ExxonMobil, Chevron CEOs Call for More U.S. Drilling Access

The debate about where producers may or may not drill in the United States “seems to be stuck in a time warp of the 1960s” that fails to take into account the energy industry’s ability to drill with precision and with a minimal environmental footprint, ExxonMobil Corp. CEO Rex Tillerson said last week. “It is time the public debate on access in this country moves forward.”

February 19, 2007

Access Issues Said ‘Stuck in Time Warp’

The debate about where producers may or may not drill in the United States “seems to be stuck in a time warp of the 1960s” that fails to take into account the energy industry’s ability to drill with precision and with a minimal environmental footprint, ExxonMobil Corp. CEO Rex Tillerson said Tuesday. “It is time the public debate on access in this country moves forward.”

February 14, 2007
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