September natural gas was unchanged Friday as the volatility following Thursday’s inventory report all but vanished, and managers see an oversold but non-threatening market. At the close September was flat at $3.941 and October had risen 0.7 cent to $3.962. September crude oil added 25 cents to $86.88/bbl.
Vanished
Articles from Vanished
The Case of the Missing Molecules
Sixty U.S. gas pipelines are still trying to figure out whathappened to 106 Bcf of gas last year. The methane simply vanishedinto thin air at a cost of more than $200 million, according to asurvey of FERC Form 2 data by GRI. The GRI research shows that onaverage, each of those interstate pipes lost about 4.8 MMcf/d.
The Case of the Missing Molecules
Sixty U.S. gas pipelines are still trying to figure out whathappened to 106 Bcf of gas last year. The methane simply vanishedinto thin air at a cost of more than $200 million, according to asurvey of FERC Form 2 data by GRI. The GRI research shows that onaverage, each of those interstate pipes lost about 4.8 MMcf/d.