Weaker

Northeast, East Lead Broad Decline; Futures Down Again

Cash quotes overall fell 7 cents Tuesday as Northeast points reacted to an expected moderation in temperatures as well as weaker power prices and led the march lower. Eastern points weren’t too far behind, and gas for delivery Wednesday into the Great Lakes area slid about a nickel. July natural gas slid 9.2 cents to $3.647 and August dropped 9.0 cents to $3.670. August crude oil added 14 cents to $95.32/bbl.

June 26, 2013
NOV: Weak Demand for Pressure Pumping in North America

NOV: Weak Demand for Pressure Pumping in North America

National Oilwell Varco Inc. (NOV) COO Clay Williams said Friday the company is facing “headwinds” in North America on weaker-than-expected demand for pressure pumping and equipment.

April 29, 2013

NOV: North America Demand Weak for Pressure Pumping

National Oilwell Varco Inc. (NOV) COO Clay Williams said Friday the company is facing “headwinds” in North America on weaker-than-expected demand for pressure pumping and equipment.

April 29, 2013

Obama Orders EPA to Back Off Ozone Standard

President Obama on Friday requested that the Environmental Protection Agency (EPA) withdraw its controversial draft Ozone National Ambient Air Quality Standards, saying he did not support asking state and local governments to begin implementing a new standard that is due to be reconsidered again in less than two years.

September 6, 2011

Prices Record Small Increases at Nearly All Points

Even with heating load staying generally on the light side and weaker prior-day futures, cash prices managed to achieve modest increases at nearly all points Tuesday. It was among other market vagaries in which price moves seemed to be at odds with demand realities.

August 24, 2011

Mixed Price Movement Mostly Close to Flat

Despite modestly weaker futures guidance (down 2.6 cents on the previous Friday), the cash market recovered to a large extent Monday from major softness late last week. Gains highly dominated numbers that seldom varied more than a few pennies up or down from unchanged.

May 10, 2011

Declines Continue in Northeast; Most Points Up a Little

Wednesday’s cash market was quite a bit weaker than Tuesday’s; triple-digit declines continued at several Northeast citygates, but they were joined this time with falling numbers almost everywhere else as end-of-the-year weather forecasts were getting considerably milder.

December 23, 2010

Spectra Energy CEO: Projects on Track, Paying Off

Spectra Energy Corp. last week turned in a weaker third quarter performance compared with a year ago due largely to lower commodity prices. However, management pointed to expansion projects that are generating returns near the top of expectations. Further, the U.S. Southeast and Western Canada both offer opportunities, executives said.

November 9, 2009

Prices Ding Spectra Energy, But Projects Paying Off

Spectra Energy Corp. Thursday turned in a weaker third quarter performance compared with a year ago due largely to lower commodity prices. However, management pointed to expansion projects that are generating returns near the top of expectations. Further, the U.S. Southeast and Western Canada both offer opportunities, executives said.

November 6, 2009

All-Points Losses Grow Larger for Weekend

Already weak cash prices got much weaker Friday, as Thursday’s across-the-board double-digit losses not only continued but grew much bigger to boot. The existing general lack of weather-based demand was exacerbated Friday by the previous day’s 37.5-cent dive by November futures and the decline of industrial load associated with a weekend market.

October 5, 2009
‹ Previous 1 2 3 6