Natgas Ignores Oil, Equity Turbulence; October Gains

October natural gas rose moderately Tuesday as uneventful options trading expired and analysts wondered how much longer drilling can continue under current conditions. October gained 4.5 cents to $3.827 and November rose 3.0 cents to $3.875. November crude oil streaked higher $4.21 to $84.45/bbl in a fit of euro-centric optimism.

September 28, 2011

DuPont’s Conoco Divestiture Was Expected

Analysts were not surprised by Monday’s announcement that DuPontintends to sell its stake in Conoco. In fact, some wondered whattook the company so long. “That’s something they’ve [talked about]for a long time and they’re finally acting on that,” said CarolFreedenthal of Houston-based Jofree Corp. “I guess they’ve just gotbetter places they can put their money than the oil and gasbusiness.”

May 13, 1998