Terrible

U.S. Expected to Export More LPG, Thanks to Shales

U.S. Expected to Export More LPG, Thanks to Shales

The dismal days of 2009 are behind the chemical industry, and while the global recession isn’t completely gone, there are brighter times ahead. Much of that is because of the revolution in shale natural gas and oil, speakers at the IHS World Petrochemical Conference said Wednesday in Houston.

March 22, 2013

W&T Seeking Oiler Plays, Sees Pricey Reserves

W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”

May 10, 2010

W&T Looking to Oilier Plays, Says Reserves Too Pricey

W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”

May 5, 2010

Weak Arlene Triggers Some Evacuations, Shut Ins

Although she was expected to follow a path similar to that of her far more terrible predecessor, Ivan, Tropical Storm Arlene on Friday was expected to remain weak, causing little or no lasting impact on the natural gas market or Gulf exploration and production infrastructure.

June 13, 2005

Weak Arlene Triggers Some Evacuations, Shut Ins

Although she was expected to follow a path similar to that of her far more terrible predecessor, Ivan, Tropical Storm Arlene on Friday was expected to remain weak, causing little or no lasting impact on the natural gas market or Gulf exploration and production infrastructure.

June 13, 2005

Terrible Ivan Draws Market’s Attention; Cash Prices Move Up 10-20 Cents

As Frances was breaking apart over Georgia and the Carolinas Tuesday, all eyes in the gas market quickly turned to Hurricane Ivan, which the National Hurricane Center (NHC) indicated may take a track similar to, but more westerly than, recent Hurricane Charley into the eastern Gulf of Mexico, possibly disrupting gas and oil production.

September 8, 2004

No Relief in Sight for Futures Bulls Caught in Terrible Twos

After spending the first two weeks of July in a mini uptrend, natural gas futures broke beneath major support last week, as traders continued to factor in the blistering pace of storage refills and normal- to below-normal temperatures. The August contract was hit with heavy selling Monday, and then again Wednesday through Thursday, pressuring prices to new 14-month lows and dashing bulls’ hopes that a bottom had been achieved. August moved mostly sideways on Friday to close at $2.955, up a modest 1.6-cent for the day but down a whopping 29.5 for the week.

July 23, 2001

Early-Week Futures Trading Again Favors Bears

Whether it be a slumping Sunday, a manic Monday or a terribleTuesday, early-week trading has taken a toll on bulls in thenatural gas futures pit at Nymex recently, with losses stacking upboth in overnight Access trading sessions and in regular openoutcry sessions. For the fourth week in a row, the market was hitwith a deluge of late weekend selling, giving rise to a significantdown-move on the first trading day of the week. And while it wasdelayed by a day because of the Nymex holiday, Monday night’sselling was just as potent as the selling seen on the prior threeSunday nights, leaving some market-watchers to suggest traders haveearmarked overnight Access sessions — especially those over theweekends — as easy opportunities to push prices in their favor.

February 21, 2001