Trade

Rep. Darrell Issa (R-CA), the new chairman of the House Oversight and Government Reform Committee, has sent letters to more than 150 companies and trade associations asking them to identify the Obama administration regulations that his panel should investigate.

A handful of producers have taken the initial steps to upload their data on fluids used in hydraulic fracturing (hydrofracking) to www.hydraulicfracturingdisclosure.org — a state-based registry run by the Ground Water Protection Council (GWPC) and the Interstate Oil and Gas Compact Commission (IOGCC), a GWPC official said.

Rep. Darrell Issa (R-CA), the new chairman of the House Oversight and Government Reform Committee, has sent letters to more than 150 companies and trade associations asking them to identify the Obama administration regulations that his panel should investigate.

A coalition of trade groups, business and consumer advocates has called on the Commodity Futures Trading Commission (CFTC) to move forward with its proposal to set limits on speculation in commodity markets.

Even after exploring lower price levels in early Friday trade, January natural gas futures were able to finish on a positive note as traders appeared unable to move past the fact that much of the eastern U.S. is starting to resemble the conditions found inside an icebox. The prompt-month contract tacked on six-tenths of a cent Friday to close at $4.349, which is down 3.9 cents from the previous Wednesday’s close.

A broad coalition of industry, trade and consumer advocacy groups has called on the Commodity Futures Trading Commission (CFTC) to narrowly interpret the sweeping Wall Street Reform Act when proposing and implementing rules.

A broad coalition of industry, trade and consumer advocacy groups has called on the Commodity Futures Trading Commission (CFTC) to narrowly interpret the sweeping Wall Street Reform Act when proposing and implementing rules.

After working lower early Thursday morning to trade sub-$3.600, news from the Energy Information Administration (EIA) that 91 Bcf was injected into underground storage for the week ending Oct. 8 inexplicably rallied November natural gas futures prices. However, the momentum petered out, leaving futures to close at a small loss.

After working a little higher in early Thursday morning trade, the October natural gas futures contract returned to probe the downside after the Energy Information Administration (EIA) reported that 58 Bcf was injected for the week ending Sept. 3.