U.K. natural-gas prices extended yesterday’s gains as Norwegian flows to Britain dipped following the end of the heating season. Karen Sund, founder of Oslo-based consultants Sund Energy, stated: There is room in Ormen Lange to adjust down in the summer and up in the winter. For full story, click here
Orders issued by the Utah Public Service Commission will decline natural gas rates for Questar Gas Co. residential customers by 14 percent. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market News: The American Energy Information Administration (the U.S. Government’s register of official energy statistic) is still forecasting an increase in home heating costs over the winter. The EIA did note that its figures were subject to change as new information about the extent of the [...]
Consumers’ natural gas bills are set to decline next month as Direct Energy’s regulated rates follow the global decline in prices. Lisa Frizzell, director of public relations for Direct Energy,said: Our rates follow the gas market, and there has been more production from the U.S., as well as a slowdown in consumption there because of the economic [...]
The demand growth for natural gas in the future may decline. For accessing full news, click here
Thursday, April 2, 2009