Usage

Bulls Corralled After Storage Report; March Drops

March natural gas careened lower Thursday following the release of government inventory data showing usage somewhat below traders’ expectations.

February 4, 2011

Futures Rebound as Cold Forecast Gets Chillier

Natural gas futures took a break from the downside Wednesday as near-term weather forecasts got even chillier for a number of heavy gas-usage regions in the East. January natural gas futures recorded a high of $4.324 before closing out the regular session at $4.269, up 8.9 cents from Tuesday’s finish.

December 2, 2010

Halliburton Discloses Fracking Fluids

Oil field services provider Halliburton Co. Monday announced that it will publicly disclose fluids used in hydraulic fracturing (fracking) activities, has set up a website to carry this out, and has introduced a first-of-its-kind ecofriendly fracture fluid system made up of materials sourced entirely from the food industry.

November 16, 2010

Lugar Readies Alternative Climate Bill

Sen. Richard Lugar (R-IN) plans to introduce a “practical” energy and climate change bill Monday (June 7) that seeks to cut the nation’s energy usage and carbon dioxide emissions significantly over the next two decades.

June 7, 2010

Alternative Cap-and-Trade Climate Bill Readied

Sen. Richard Lugar (R-IN) plans to introduce a “practical” energy and climate change bill next Monday that seeks to cut the nation’s energy usage and carbon dioxide emissions significantly over the next two decades.

June 4, 2010

Cold Burst Sets Gas, Power Usage, Pipeline Delivery Records

Blasts of frigid cold that have roared across the country over the last few weeks culminated in new natural gas and electric usage records across the country, including in Con Edison’s New York City centralized service area and a new peak-day delivery record on Williams’ 10,500-mile Transcontinental Gas Pipe Line (Transco), which runs from South Texas to New York.

January 11, 2010

Cold Burst Sets Gas, Power Usage Records for Con Edison

The blast of frigid cold into the Northeast over the last few weeks culminated in new natural gas and electric usage records in Con Edison’s New York City centralized service area.

January 8, 2010

Extended Chill Puts Upward Pressure Back on $6 Futures

The continuation of bone-chilling cold in a number of high gas usage regions allowed February natural gas futures on Monday to rebound from Thursday’s storage report-induced slump. The prompt-month contract recorded a high of $5.894 in morning trade and went on to close out the regular session at $5.884, up 31.2 cents from Thursday’s finish.

January 5, 2010

Transportation Notes

Forecasts of peak Florida temperatures in the 90s and high usage of its linepack prompted Florida Gas Transmission to issue an Overage Alert Day for market-area customers Tuesday. The tolerance for negative daily imbalances was set at 25%.

August 19, 2009

Second Ex-Interior Official Sentenced for Contract Misdealing

Two months after the disclosure of drug usage, inappropriate sexual activity and contract misdealing by former employees of the Interior Department’s Minerals Management Service (MMS), a former agency official was sentenced Friday for a felony violation of the criminal conflict of interest law, federal prosecutors said.

November 17, 2008
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