Sustained

The big, sustained rally in 2010 U.S. natural gas prices predicted by some on Wall Street likely will fizzle as soon as the uncompleted wells and shut-in supply flood back into the market, energy analysts said Monday.

Natural gas is an increasingly important part of Chevron Corp.’s business, and the company plans to make considerable and sustained investments — even during recessions — to ensure its worldwide projects’ success, a company executive said last week.

Natural gas is an increasingly important part of Chevron Corp.’s business, and the company plans to make considerable and sustained investments — even during recessions — to ensure its worldwide projects’ success, a company executive said Wednesday.

Calgary-based EnCana Corp. relied on hedging to keep its 4Q2008 profits flat year/year, but the CEO said Thursday that sustained lower natural gas prices will require more cost cutting if the economic environment does not improve.

Calgary-based EnCana Corp. relied on hedging to keep its 4Q2008 profits flat year/year, but the CEO said Thursday that sustained lower natural gas prices will require more cost cutting if the economic environment does not improve.

Anadarko Petroleum Corp. has laid down around 30% of its U.S. onshore rigs since the end of 2008, the company said Tuesday.

Plans for a jumbo, expandable processing plant confirm that Canadian producers are gearing up for sustained development of shale gas in northern British Columbia on a large scale.

Plans for a jumbo, expandable processing plant confirm that Canadian producers are gearing up for sustained development of shale gas in northern British Columbia on a large scale.

An abundance of heating load in northern market areas sustained a continuation of rising prices Thursday — again at nearly all points. The overall firmness was abetted by the 10.7-cent increase in January futures a day earlier.