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Small Rebound for June Natural Gas Prices, but Cash Struggles June Nymex recovers early, holds gains as storage deficit seen widening Year/year comparisons extremely favorable for coming months Pipeline maintenance kicks into high gear It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid...

June Natural Gas Prices Recover as Bullish Momentum Lingers It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid the mostly mild weather pattern expected across the country for the next few days. NGI’s Spot Gas National Avg. slipped 7.5 cents to $2.605. Thursday’s Energy Information ...

Anadarko Petroleum Company Essay 931 Words4 Pages To this day Anadarko Petroleum Corporation is one of the largest independent oil and natural gas company in the United States. The locations of the drilling facilities are in Delaware basin; Wyoming; Alberta, Canada; and the Gulf of Mexico. Although the company has strong residencies overseas the total wealth over all is well above 2.3 billion barrels of oil and equivalents. The beginning of this mega oil and gas corporation began in 1959 as a subsidiary of Panhandle Eastern Pipe Line Company. At this time under the FPC pipeline jurisdiction...

By Benjamin Cox on April 3, 2021 at 12:50pm Roodhouse and White Hall municipal natural gas customers have some relief from the unusually high February bills coming their way. To combat the large bills, the White Hall City Council passed an additional $1.60 per dekatherm on natural gas usage for the next 3 years as they work to pay off the huge bill that came the city’s way in February. White Hall’s February gas bill totaled around $600,000, more than 6 times its normal total for a month. The Illinois Finance Authority granted White Hall a $499,000, 1% interest loan to cov...

By Jeremy Coumbes on February 13, 2021 at 3:21pm White Hall residents are being asked to lower their thermostats as bone-chilling temperatures are taking a toll on the natural gas supply. The City of White Hall was informed early this morning by their natural gas supplier that suppliers are facing restrictions to natural gas supplies due to the extreme cold weather. According to the announcement on the City of White Hall Facebook page, officials say “when the supply is reduced and in such a critical state, the City and [it’s] customers could be assessed penalties on top o...