from NGI's Daily Gas Price Index Apr 22, 2008
Summer weather -- and the U.S. economy -- may be the most important factors affecting the natural gas market over the coming six months, according to energy analysts.( more )
 

from NGI's Daily Gas Price Index Apr 8, 2008
With natural gas storage at the end of the winter heating season considerably lower than expected, the natural gas bears at Raymond James & Associates Inc. have switched sides and are again running with the bulls through 2008. Two other energy analysts also raised their gas price forecasts through the rest of the year.( more )
 

from NGI's Daily Gas Price Index Apr 10, 2008
The deepwater Gulf of Mexico Independence Hub natural gas platform and the associated Independence Trail pipeline were closed Wednesday after a leak was discovered in the pipe, according to Enterprise Products Partners LP, which owns 80% of the production platform and 100% of the pipeline. ( more )
 

from NGI's Daily Gas Price Index Apr 30, 2008
Utilities, power generators and industrial end-users are going to have to pick their spots and move quickly to secure lower-priced natural gas in the increasingly higher-priced and challenging market, according to Val Trinkley of EnergyUSA, a NiSource company, who will be conducting a strategy workshop at GasMart 2008 in Chicago May 20-22.( more )
 

from NGI's Daily Gas Price Index Apr 21, 2008
While some believe natural gas prices have been dragged higher by $100/bbl oil or pushed up by supply shortfalls, these factors don't explain the step-change gas prices have experienced. Higher full-cycle gas production costs -- due particularly to greater reliance on unconventional supply basins -- have driven the prices all gas consumers pay to a new level, one where they're bound to stay, a ConocoPhillips executive told NGI.( more )
 

from NGI's Daily Gas Price Index Apr 23, 2008
EnCana Corp. reported a huge jump in 1Q2008 operating profit and cash flow on Tuesday, but the company's net earnings sank 81% after it lost a big bet on natural gas prices. North American gas output rose 10% to 3.7 Bcf/d, and U.S. production climbed 27% -- aided by rising volumes from the Deep Bossier trend in East Texas.( more )
 

from NGI's Daily Gas Price Index May 1, 2008
The climate change legislation that the Senate is scheduled to begin debating in June would dramatically cut domestic greenhouse gas (GHG) emissions, but it could impact the economy and drive up the price of natural gas, according to an extensive review by the Energy Information Administration (EIA).( more )
 

from NGI's Daily Gas Price Index Apr 15, 2008
Cheniere Energy Inc.'s Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, LA, received its first shipment Friday afternoon, according to the U.S. Coast Guard in Port Arthur, TX. The initial cargo came more than three years after the Federal Energy Regulatory Commission approved the project (see Daily GPI, Dec. 16, 2004). Freeport LNG in Texas is scheduled to receive its first shipment Tuesday.( more )
 

from NGI's Daily Gas Price Index Apr 28, 2008
Waning La Nina conditions and a continued warm water cycle in the Atlantic Basin will cause the number of storms to be slightly above average and increase the chance that storms will hit the United States during the upcoming Atlantic hurricane season, according to chief long-range forecaster Joe Bastardi and his AccuWeather.com team. ( more )
 

from NGI's Daily Gas Price Index Apr 16, 2008
June, July and August will be 8% cooler nationally than last year and the coolest summer months since 2004, while the 2008 Atlantic hurricane season will likely be busier than average, but quieter than last year, according to forecasters at MDA EarthSat in Rockville, MD. ( more )