Users

Despite the Fourth of July weekend typically being the lowest-demand period of the year for many utilities and end-users, the fact that holiday weather would continue to be a scorcher in several regions proved to be sufficient in causing rebounds at a majority of points Friday, as a producer had correctly predicted a day earlier (see Daily GPI, July 1). Thursday’s 5.9-cent futures gain following a modestly bullish storage injection report was an additional cash market booster.

Likely in anticipation of a holiday weekend that is often the lowest-demand period of the year for many utilities and end-users, prices fell across the board Thursday. The previous day’s fall of 3.9 cents by August futures was an additional, albeit minor, bearish factor for the cash market.

A broad coalition of industrial and agricultural natural gas users told House and Senate leaders last Monday that it would oppose any legislation that seeks to increase natural gas demand in the transportation and power sectors through the use of subsidies or mandates.

A broad coalition of industrial and agricultural natural gas users told House and Senate leaders Monday that they oppose any legislation that seeks to increase natural gas demand in the transportation and power sectors through the use of subsidies or mandates.

Domestic natural gas — particularly that from shales — is the fix for a host of problems, including the need for national energy security and measures to address pollution, as well as volatile energy prices, a task force formed last year said in a report released Monday.

Producers, oil service firms and end-users slammed the new moratorium on deepwater drilling in the Gulf of Mexico (GOM) that the Interior Department issued on last Monday, saying it was no different than the original moratorium despite hints from Interior Secretary Ken Salazar that he was considering narrowing the scope of the ban.

Producers, oil service firms and end-users slammed the new moratorium on deepwater drilling in the Gulf of Mexico that the Interior Department issued on Monday, saying it was no different than the original moratorium despite hints from Interior Secretary Ken Salazar that he was considering narrowing the scope of the ban.

Twenty groups representing large natural gas consumers and small municipal users last week called on Sen. Jeff Bingaman (D-NM) to back legislation that would reform Section 5 of the Natural Gas Act (NGA), making customers eligible for rate refunds from the date that they file a complaint at FERC.

Twenty groups representing large natural gas consumers and small municipal users Monday called on Sen. Jeff Bingaman (D-NM) to back legislation that would reform Section 5 of the Natural Gas Act (NGA), making customers eligible for rate refunds from the date that they file a complaint at FERC.