Natural Gas Futures Extend Early 2021 Gains Amid Winter Chill and Solid Export Demand
Weather models pointed to fresh bouts of cold air over the Midwest and East
LNG export levels held strong amid demand from Europe and Asia
Cash prices advanced, led by demand in the Midwest and Texas
Natural gas prices spiked Tuesday, extending the gain made a day earlier to jumpstart 2021 trading, as weather models pointed to fresh bouts of cold air over the Midwest and East in the second half of January.
The February Nymex gas futures contract jumped 12.1 cents day/day and settled at $2.702/MMBtu. March advanced 11.2 cents to $2.673.
Altamont Capital Partners Acquires Specialized Packaging Group
Seasoned Executives Bob Lally, Pete Lane and Sean Condon to Lead Company
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PALO ALTO, Calif. and LIVERMORE, Calif. and MONTREAL, Jan. 6, 2021 /PRNewswire/
Altamont Capital Partners ( Altamont ) today announced that it has acquired Specialized Packaging Group, Inc. ( SPG or the Company ), one of the largest independent manufacturers of protective packaging in North America, from Paul Gaulin, the Company s Founder. As part of the transaction, Mr. Gaulin is retiring as President and CEO of SPG, but will remain a member of the Board of Directors and a minority investor in the business.
Here are some more selected news articles for the week ending 26 December 2020. Go here for Part 1.
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Scientist Dominic DiGiulio s Work Illuminated How Fracking Affects People and Environment - - People in communities across the nation have found themselves the participants in a fracking experiment. The practice is controversial because of its potential impacts to public health and the environment, specifically, it can poison drinking water. After years of research, scientist Dominic DiGiulio made this link. He found that people s groundwater can become contaminated under certain conditions. The pits that store fracking chemicals are one example. Such was the case in Pavillion, Wyoming, a community of roughly 230 people.Back in 2008, residents began complaining their water had a foul taste and smell
January Natural Gas at $2.30 After Weather Data Crushes Hopes for Cold
Natural gas futures tumble as weather models turn increasingly mild
LNG demand still strong as global gas prices remain near multi-year highs
Cash prices plummet amid lackluster demand
Natural gas futures tumbled more than 20 cents lower in post-Christmas trading as weather data “failed miserably” over the weekend, shedding a hefty amount of demand from the 15-day outlook.
With any opportunity for truly cold weather not expected before the middle of next month, the January Nymex gas futures contract settled Monday at $2.305/MMBtu, down 21.3 cents from last Thursday’s close. February plunged 18.6 cents to $2.326.
Press release content from Business Wire. The AP news staff was not involved in its creation.
New Faces on Board at Marquez Private Wealth of Raymond James
December 28, 2020 GMT
PASADENA, Calif. (BUSINESS WIRE) Dec 28, 2020
Marquez Private Wealth of Raymond James is excited to announce Veronica Aguirre, Senior Registered Client Service Associate and Jordan Berry, Financial Advisor as their newest team members.
Veronica Aguirre, Senior Registered Client Service Associate at Marquez Private Wealth of Raymond James. (Photo: Business Wire)
Veronica brings with her more than 25 years in the financial services industry. Fluent in English and Spanish, she connects with clients on a deeper level, treating each one with respect. She also assists the team in striving to exceed client expectations through responsive service. Trustworthy and reliable, her ability to handle any client request, question or concern with confidence is an asset to the practice.