Better late than never was the general theme surrounding the natural gas futures market Monday, as more seasonable cold weather finally settled into the East. As a result, January natural gas futures began trading in Monday’s regular session at an elevated level, exploring higher ranges in search of resistance.
Tag / Surrounding
SubscribeSurrounding
Articles from Surrounding
Futures Higher as Thermometer’s Mercury Drops
Better late than never was the general theme surrounding the natural gas futures market Monday, as more seasonable cold weather finally settled into the East. As a result, January natural gas futures began trading in Monday’s regular session at an elevated level, exploring higher ranges in search of resistance.
Sempra Utilities Reach Partial Settlement on Cost-of-Service CPUC Rate Case
Although not including the more contentious issues surrounding incentives and the performance-based ratemaking (PBR) process, San Diego-based Sempra Energy’s two utilities last week filed a partial settlement in their joint cost-of-service rate filing with the California Public Utilities Commission. The PBR details are left for the regulatory process to resolve or a future settlement.
Futures Sag Lower on Short-term Outlook; Bulls Remain Confident in Longer Term
Caught between the bullish euphoria surrounding gains in the nearby crude oil pit and the bearish reality of its own short-term fundamentals, the natural gas futures market shuffled quietly sideways Friday. On the technical side of the market the bag was similarly mixed as Friday’s closing prices rang bearish on the daily chart, but bullish on the weekly chart.
Washington Gas Expects Lower Heating Bills for DC Area
Washington Gas, which delivers natural gas to 960,000 customers throughout Washington, DC, and the surrounding region, said Wednesday that average residential heating customers can expect to pay about 15% less during the six-month winter heating season, compared with the same period last year.
Williams Energy Partners Shows Investors Clean Bill of Health
In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call last week to address investment concerns that dropped the company’s stock price by $6 (more than 19%) in Tuesday trading.
Williams Energy Partners Shows Investors Its Clean Bill of Health
In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.
Williams Energy Partners Shows Investors Its Clean Bill of Health
In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.
LADWP Debt-Free, Looking to Upgrade Gas Supply Portfolio
Even in the current political maelstrom surrounding some of its past trading practices during California’s energy crisis of 2000-2001, the City of Los Angeles Department of Water and Power (LADWP), the nation’s largest municipal utility, is financially and operationally secure in mid-2002, looking to expand its natural gas buying and power generation portfolios, according to its General Manager David Wiggs.
CA Power Authority Releases Draft Plan for Future Energy Projects
Citing the growing uncertainty surrounding future development of energy projects in the wake of Sept. 11 and the Enron debacle, California’s neophyte state power authority released the latest draft of its emerging plan to use a wave of new joint venture renewable energy projects over the next five years to build a power generation reserve margin in the 15-20% range. The new agency’s working draft identifies a number of “gaps” in the state’s electricity market that it suggests the new authority can attempt to help fill.