A modestly bullish Energy Information Administration (EIA) inventory report Thursday thwarted the pervasive downtrend in gas futures prices for the time being, but August natural gas futures managed only a modest 1.8 cent gain to settle at $5.943 in active trading on the New York Mercantile Exchange.
Thwarted
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Connecticut AG’s Attempt to Block Islander East Project Thwarted
FERC last Wednesday rejected the Connecticut Attorney General’s bid for review of the agency’s order approving the proposed Connecticut-to-New York Islander East Pipeline project, which seeks to deliver natural gas to the expanding Long Island, NY, market.
January 20, 2003
Connecticut AG’s Attempt to Block Islander East Project Thwarted
FERC on Wednesday rejected the Connecticut Attorney General’s bid for review of the agency’s order approving the proposed Connecticut-to-New York Islander East Pipeline project, which seeks to deliver natural gas to the expanding Long Island, NY, market.
January 16, 2003
Storage Bulls Find Tough Going In July
After being thwarted in repeated attempts to punch through the$4.23 level during the first hour of trading, natural gas bullsturned in their horns Friday, giving way to light sellingthroughout the rest of the session. Limited to an extremely tight,7-cent range for the day, the August contract slipped 1.6 cents tofinish the week at $4.15.
July 17, 2000
Storage Gives Bulls Much Needed Reprieve
After a brief and uninspired upside push was thwarted, naturalgas futures continued lower yesterday as follow-through sellingtook prices to their lowest level since April. No fresh news wasseen influencing prices, and as a result bears remained solidly incontrol, traders said. The August contract finished down an evennickel at $2.141.
July 8, 1999
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