Withdrawn

Liberty Withdraws New Jersey LNG Terminal Plans, Will Refile

Liberty Natural Gas LLC has withdrawn its applications to build a liquefied natural gas (LNG) import terminal off the coast of New Jersey but says it has done so to avoid any regulatory confusion over a “substantially revised” project. It plans to refile its applications.

April 27, 2012

U.S. Forest Service Halts Drilling Rights Auction in Ohio

The U.S. Forest Service (USFS) has withdrawn more than 3,300 acres of public land in southeast Ohio from a federal oil and natural gas lease sale scheduled for Dec. 7, pending a study on the possible effects hydraulic fracturing (fracking) could have on the state’s only national forest.

November 21, 2011

Arkansas Lawmaker Withdraws Severance Tax Bill

Arkansas state Rep. Tommy Lee Baker (D-Osceola) has withdrawn legislation (HB 1992) that would have ended severance tax exemptions for natural gas drillers due to a lack of support in the House Insurance and Commerce Committee.

March 16, 2011

Storage-Fueled Futures Surge Peters Out

Natural gas futures values knee-jerked higher Thursday morning following the news from the Energy Information Administration (EIA) that 135 Bcf was withdrawn from underground storage for the week ending Dec. 31. However, the sentiment was short-lived as February futures declined in the afternoon to finish the regular session at $4.434, down 3.9 cents from Wednesday’s close.

January 7, 2011

CFTC Drops Proposed Rule on Position Limits

The Commodity Futures Trading Commission (CFTC) said on Tuesday it has formally withdrawn the proposed rule on position limits for certain energy commodities that it issued last January, clearing the way for broader curbs on speculation for all commodities under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law last month.

August 30, 2010

CFTC Drops Proposed Rule on Position Limits

The Commodity Futures Trading Commission (CFTC) said on Tuesday it has formally withdrawn the proposed rule on position limits for certain energy commodities that it issued last January, clearing the way for broader curbs on speculation for all commodities under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law last month.

August 18, 2010

Storage Was Lightened by 111 Bcf; Futures Probe Lower

Natural gas futures traders went through a range of emotions Thursday morning after the Energy Information Administration (EIA) reported that 111 Bcf was withdrawn from underground natural gas storage inventories for the week ending March 5. The number, which was just above most industry expectations, set off a mini-price rollercoaster that ultimately resulted in new lows for the down move.

March 12, 2010

Storage Was Lightened by 111 Bcf; Futures Probe Lower

Natural gas futures traders went through a range of emotions Thursday morning after the Energy Information Administration (EIA) reported that 111 Bcf was withdrawn from underground natural gas storage inventories for the week ending March 5. The number, which was just above most industry expectations, set off a mini-price rollercoaster that ultimately resulted in new lows for the down move.

March 12, 2010

Futures Fall Despite ‘Neutral’ 190 Bcf Storage Draw

Natural gas market prognosticators hit the nail on the head Thursday morning as the Energy Information Administration’s (EIA) report that 190 Bcf had been withdrawn from underground storage for the week ending Feb. 12 came as no surprise. Even though the report was well forecast, March natural gas futures immediately dropped more than a dime and ended up finishing out the regular session at $5.172, down 21.4 cents from Wednesday’s close.

February 19, 2010

Futures Fall Despite ‘Neutral’ 190 Bcf Storage Draw

Natural gas market prognosticators hit the nail on the head Thursday morning as the Energy Information Administration’s (EIA) report that 190 Bcf had been withdrawn from underground storage for the week ending Feb. 12 came as no surprise. Even though the report was well forecast, March natural gas futures immediately dropped more than a dime and ended up finishing out the regular session at $5.172, down 21.4 cents from Wednesday’s close.

February 19, 2010
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