Surge

NTSB Cites Power Glitch in San Bruno Gas Pipe Explosion

A power glitch at the Pacific Gas & Electric Co. (PG&E) natural gas terminal in Milpitas, CA, opened up a pipeline control valve, which in turn caused a surge in pressure before the San Bruno, CA, gas pipeline ruptured last month, the National Transportation Safety Board (NTSB) reported Wednesday.

October 14, 2010

Surge in M&A Activity Lifts U.S. Energy Market Momentum

Energy executives seem to be feeling more confident about the future, evidenced in recent surveys and sealed by the surge in merger and acquisition (M&A) activity since late 2009.

April 26, 2010

U.S. Energy Market M&A Surging

Energy executives seem to be feeling more confident about the future, evidenced in recent surveys and sealed by the surge in merger and acquisition (M&A) activity since late 2009.

April 26, 2010

Surge in M&A Activity Lifts U.S. Energy Market Momentum

Energy executives seem to be feeling more confident about the future, evidenced in recent surveys and sealed by the surge in merger and acquisition (M&A) activity since late 2009.

April 26, 2010

Most Points See Small Gains as Colder Weather Returns

Prices were up by generally small amounts at most points Monday as seasonal winter weather was returning to most of the East. The previous Friday’s surge of 20.4 cents by futures and the return of industrial load from its usual weekend hiatus also helped to boost the cash market.

January 26, 2010

Most Points See Small Gains as Colder Weather Returns

Prices were up by generally small amounts at most points Monday as seasonal winter weather was returning to most of the East. The previous Friday’s surge of 20.4 cents by futures and the return of industrial load from its usual weekend hiatus also helped to boost the cash market.

January 26, 2010

More Pipes, Rock-Bottom Prices Narrow Differentials Across the Grid

Natural gas price gaps among different North American regions are narrowing as the recent surge of major pipeline expansions has opened bottlenecks and leveled the supply playing field. Sources indicated that some spreads will grow again when heating season arrives, but for the foreseeable future near-parity numbers will remain the general norm across the North American spot market.

September 21, 2009

More Pipes, Rock-Bottom Prices Narrow Differentials Across the Grid

Natural gas price gaps among different North American regions are narrowing as the recent surge of major pipeline expansions has opened bottlenecks and leveled the supply playing field. Sources indicated that some spreads will grow again when heating season arrives, but for the foreseeable future near-parity numbers will remain the general norm across the North American spot market.

September 17, 2009

Screen, Heat Keep Prices Rising at Virtually All Points

Further price increases occurred at virtually all points Tuesday. The previous day’s September futures surge of 37.8 cents was considered chiefly responsible for the cash strength. However, modest warming trends in sections of the South, along with continued above-normal temperatures in the Northeast and scorching readings from Texas-Oklahoma through the desert Southwest, contributed a substantive amount of cooling load to overall gas demand.

August 5, 2009

Futures Slide as Traders Eye Sixth Consecutive Triple-Digit Storage Build

Recording their fourth consecutive close lower on Tuesday on a streak of follow-through selling, July natural gas futures dismissed the surge of strength in the neighboring crude futures arena to close at $3.879, down 5.4 cents from Monday’s finish.

June 24, 2009