The market was mostly firmer again Tuesday, but the amounts of gain tended to vary widely. Supply and transportation constraints in the Rockies, along with the continuing impact of massive Gulf Coast shut-ins and some instances of heating load in the Upper Plains and West combined with new cooling load in the Midcontinent, were cited as factors in the new upticks. One source suggested that Monday’s screen gain of nearly a dime provided a little extra support for cash Tuesday.
Widely
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NGI The Weekly Gas Market Report
Senate-Passed Energy Bill Heads to Conference
The Senate last Tuesday passed a sweeping, bipartisan energy bill, bringing the Congress to the critical, do-or-die point of trying to reconcile the widely divergent House and Senate versions of the energy measure. Congress has failed at this task twice in recent years.
Senate Passes Sweeping Energy Bill
The Senate on Tuesday passed a sweeping, bipartisan energy bill, bringing the Congress to the critical, do-or-die point of trying to reconcile the widely divergent House and Senate versions of the energy measure. Congress has failed at this task twice in recent years.
EIA Opens Door to Storage Revisions on Any Federal Workday
The Energy Information Administration (EIA) has changed the revision policy for its weekly natural gas storage report (WNGSR), the most widely watched indicator of supply and demand in the natural gas marketplace. The agency has decided to allow unscheduled revisions on any federal workday between 2 p.m. and 2:10 p.m. ET only if the impact of the reported change is greater than 10 Bcf in any region or nationally.
EIA Opens Door to Storage Revisions on Any Federal Workday
The Energy Information Administration (EIA) has changed the revision policy for its weekly natural gas storage report (WNGSR), the most widely watched indicator of supply and demand in the natural gas marketplace. The agency has decided to allow unscheduled revisions on any federal workday between 2 p.m. and 2:10 p.m. ET only if the impact of the reported change is greater than 10 Bcf in any region or nationally.
Industrial Demand Growth, Crude Oil Link Support Gas Prices
A combination of underlying factors, some of them unexpected and not widely known, probably will lead to another record for average annual natural gas prices this year, speakers at GasMart in New Orleans said on Thursday. Some of the causes are clear, including lower production and record high crude oil prices, while others are not as clear, such as the weak dollar and rising industrial output despite high fuel costs.
Industrial Demand Growth, Crude Oil Link Support Gas Prices
A combination of underlying factors, some of them unexpected and not widely known, probably will lead to another record for average annual natural gas prices this year, speakers at GasMart in New Orleans said on Thursday. Some of the causes are clear, including lower production and record high crude oil prices, while others are not as clear, such as the weak dollar and rising industrial output despite high fuel costs.
Canadians Defy Gloomy Gas Export Forecasts
Canadian pipeline deliveries to the United States held firm as strong drilling prevented a widely forecast supply decline during the 2003-04 natural gas contract year, according to records at the National Energy Board.
Canadians Defy Gloomy Gas Export Forecasts
Canadian pipeline deliveries to the United States held firm as strong drilling prevented a widely forecast supply decline during the 2003-04 natural gas contract year, according to records at the National Energy Board.
NEB: Canadian Supply Outlook Stronger Than Expected
The National Energy Board (NEB) made it official: The widely forecast decline in Canadian natural gas supplies is postponed until further notice because prices, industry activity and the resource base are turning out to be stronger than previously expected.