Thread: Natural Gas Collapses Below $3, 1st Time Since...
Started 4 months, 1 week ago by Black Blade
Natural Gas Falls Below $3, 1st Time Since 2002, on Supply Glut
By Reg Curren
Aug. 20 (Bloomberg) -- Natural gas futures fell below $3 per million British thermal units for the first time in more than seven years after a government
report showed rising supplies of the industrial and power-plant fuel.
U.S. inventories of the fuel rose 52 billion cubic feet to 3.204 trillion ...
Has Natural Gas Hit Bottom? Not Yet!
Bargain-basement prices make the sector's stocks look tempting, but excess supply and other factors are still weighing down producers.
Some companies will eventually make a killing from the recent collapse in natural gas prices. But when? And
which companies?
Value investors usually need only identify a bargain, and then ...
Natural Gas Is Headed Lower
By Toby Shute
August 21, 2009
Earlier this month, I said that I wouldn't be surprised to see natural gas prices plunge below the $3 mark. I certainly didn't think it would take
less than two weeks, but here we are.
With a substantial build in inventories reported by the government on Thursday, natural gas futures dropped more than 5% to the ...
Natural gas: The key U.S. energy source for the next decade?
Joseph Lazzaro
Aug 23rd 2009 at 2:00PM
Natural gas is
experiencing a perfect storm of new technology, a reluctance to cut production, and a pricing anomaly that together may make it a dominant energy source in
the U.S. in the decades ahead. How has this happened?
First, there's the commodity's...
Lost Revenues: Singing The Natural
Gas Blues
Tulsa World, Okla. 8/24/2009
In the past year, natural gas prices have plummeted by 70 percent, causing producers to reduce their rig counts in an attempt to reconcile supply with
demand. Of those drilling rigs active in Oklahoma last year, more than half are idle.
This decline in production and a glut of natural gas on the market are...
Sword Of Damocles Hanging Over Natural Gas Market
Posted: Aug 25, 2009 13:11 PM by Eric Fox
The large number of drilled but uncompleted wells in North America may be the sword of Damocles hanging over the head of the
exploration and production industry, as many companies are waiting for the price of natural gas to move higher before allowing these wells to ...
One certainty: Gas will go up
It's time to buy
Fabrice Taylor
Last updated on Wednesday, Aug. 26,
2009 07:39AM EDT
F abrice Taylor is a chartered financial analyst.
ftaylor@globeandmail.com
Natural gas prices have hit rock bottom. You heard it here first. Or they haven't. But it's definitely one ...
Industry worries rise as natural gas sags
By BRETT CLANTON Copyright 2009 Houston Chronicle
Aug. 26, 2009, 8:56PM
http://www.chron.com/disp/story.mpl/business/energ y/6588749.html
Despite recent cutbacks in production, natural gas ...
Natural gas bust hits Alberta
Alberta Minister of Finance and Enterprise Iris Evans announced that the Alberta government is forecasting
the province's economy will contract in 2009, during a press conference at the Alberta Legislature Thursday Feb. 19, 2009. (CP Photo) The Canadian Press...
Will natural gas stay this cheap?
By Mark Williams
ASSOCIATED PRESS
August 27, 2009, 6:43 AM
Natural gas prices are at seven-year lows and it looks like heating bills may be cheap for a while.
How did prices get so low, and how long are they likely to stay there? Are there ways we could be using natural gas-beyond staying warm and cooking food -
to take advantage of ...
Natural Gas: Unlimited Demand in the Long Term by: Kurt Wulff December 21, 2009 | about: GAZ / UNG / UNL While the natural gas market may have too much supply and too little demand in the short term, there is practically unlimited demand to replace coal in the long term. The solid black fuel that energized the industrial revolution in the 19th century provides 70% of the primary energy for China's industrial revolution in the 21st...
Abundant Supply Of Natural Gas Continues Through 2010 Says RayJay Analyst: Lower Costs And Inventory Of Drilled Wells In US Will Buffer Any Demand Increase On 2:19 pm EST, Monday December 7, 2009 67 WALL STREET, New York - December 7, 2009 - The Wall Street Transcript has just published its Oil & Gas Production and Distribution Report offering a timely review of the sector to serious investors and industry executives. This 76 page...
Natural gas: Still too much of a good thing http://blogs.chron.com/newswatchenergy/archives/2009/12/still_too_much.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+houstonchronicle%2Fnewswatchenergy+%28NewsWatch%3A+Energy%29 Natural gas production finally appears to be falling off, notes federal data hounds (although Louisiana still saw an increase in production "as drilling in the Haynesville shale...
Natural gas price surges despite inventory glut Smallest weekly storage increase since March may have fuelled seasonal shift in thinking among traders as colder weather approaches DAVID PARKINSON From Friday's Globe and Mail Published on Friday, Nov. 27, 2009 12:00AM EST Last updated on Friday, Nov. 27, 2009 2:27AM EST D on't look now, but someone woke up the natural gas market. The benchmark natural gas contract on the New York...
Natural gas producers are trying to make up for lost ground in the climate change debate, appealing for allocations and incentives in the Senate bill that would boost the consumption of the fuel. But their message -- and past campaign donations -- have so far inspired few Democratic senators to make a stand on the inclusion of more natural gas incentives, as others have done for coal, agriculture and nuclear power. The House climate bill (H.R....
Posted on Oct. 16, 2009 By Allen Brooks Deciphering the US Natural Gas Market In the last six weeks natural gas futures prices have jumped from a modern day low to nearly $5 per thousand cubic foot (Mcf) as commodity traders and investors started to cover their short positions in this fuel as the days moved closer to the beginning of the winter heating season. The jump in the gas price ends what has been an extended price slide that started...
Six reasons why natural gas is better investment than oil Submitted by Vitaliy Katsenelson on 08/31/2009 11:06 -0500 1. Reserves deplete faster than oil (in general) 2. Oil/natural gas ratio: the price of oil divided by the price of natural gas is at an all-time high (or close). This ratio stands at over 20 (historically it has been at about an 8 or so). Natural gas prices will go up, oil will decline, or both. Also, natural gas is not a good...
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