Articles Tagged "increase"

South Parse: CNG is what I see

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 [...]

South Parse: Interesting times

By Duncan Sutherland- Exclusive to Gas Investing News Company news The headline this week is obviously Shell (NYSE:RDS.A) and the Iraqi government putting ink to paper on a US$4 billion joint venture deal that will see the company collect flareoff from oil production in Southern Iraq’s Al-Basra province. In even better news, Shell opened a [...]

South Parse: Focus on Iraq

By Duncan Sutherland – Exclusive to Gas Investing News Market news The radical realignment of oil and gas prices after Hurricane Gustav’s relatively tranquil passage through the Gulf of Mexico has been interesting to watch. NYMEX futures showed light crude taking a body blow, while natural gas seemed to largely shrug off the news. Part [...]

Natural gas bills are all set to get more costly

SourceGas Distribution LLC reported that Natural gas bills in the region are all set to go up next week. The bill for a typical residential customer will increase between $3 to $12 per month, according to SourceGas Distribution LLC. Dan Watson, president and CEO of SourceGas said: We have been able to operate without increasing [...]