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Following Monday’s trading blueprint, March natural gas futures paid a second visit to the $9.300 price level before being rebuffed once again. The prompt-month contract traded between $9.115 and $9.305 before closing out Tuesday at $9.206, up 2 cents on the day.

Led by projects in California, Colorado, Minnesota, New York, Texas and Washington state, the U.S. wind power market could reach a cumulative installed capacity of nearly 49,000 MW by 2015, according to a study by Cambridge, MA-based consultant Emerging Energy Research (EER).

Maritimes & Northeast Pipeline is holding an open season June 8-Aug. 31 for the system’s second major expansion, named Phase V, and it would appear that there is a wealth of potential supply that could take new capacity on the 882-mile (1,420-kilometer) pipeline in the 2010-2012 timeframe.

Exploration and production (E&P) companies’ earnings and cash flow this year are expected to be at or above record levels, up 10-15%, driven by commodity price and refining margin strength, said CreditSights analysts in a new report. And investors’ recognition of price sustainability will lead to another banner year for investors, according to Raymond James’ analysts.

Financial performance within the U.S. upstream oil and natural gas sector looks positive in 2005, driven by high crude and gas prices, according to a new outlook report by Fitch Rating.

Financial performance within the U.S. upstream oil and natural gas sector looks positive in 2005, driven by high crude and gas prices, according to a new outlook report by Fitch Rating.

If you don’t like the direction of the natural gas futures market, wait five minutes and it is likely to change. Proving once again that the market can be volatile, the December contract on Monday bounced higher after testing below the $7.00 support area in early trading.

If you don’t like the direction of the natural gas futures market, wait five minutes and it is likely to change. Proving once again that the market can be volatile, the December contract on Monday bounced higher after testing below the $7.00 support area in early trading.

Following Hurricane Ivan’s visit late last week, some Gulf of Mexico producers were still locating their assets and assessing damages while others continued to return personnel to their stations offshore to ramp up production.