Natural Gas News – August 8, 2017 BP makes big natural gas find near Colorado border in San Juan Basin The Denver Post reports: Oil giant BP has made a natural gas discovery in the Mancos formation of the San Juan Basin near the Colorado border that could help revive the fortunes of an out-of-favor […]
Crude prices are down this morning to $46.54, 38 cents off from yesterday’s close. Like most days this week, prices yesterday saw a midday peak, followed by declining prices. Prices opened at $46.91 this morning, almost 20 cents down from yesterday’s opening price. Refined products are down as well this morning. Diesel prices are $1.5265, […]
Crude prices this morning are $46.43, up slightly this morning from today’s opening price of $46.25. Prices rose gently yesterday, rapidly gaining $.75 but shedding $.50 before closing, to give a gain of roughly $.25 off the morning lows in the high $45’s. Prices are just .06% higher than yesterday’s closing price. Diesel price are […]
Nat Gas News July 17, 2017 Trump names energy industry adviser to chair FERC Washington Examiner reports: President Trump has nominated industry adviser and lawyer Kevin McIntyre to lead the nation’s top energy watchdog, the Federal Energy Regulatory Commission. The White House announced its intention to nominate McIntyre Thursday evening, even as a number of […]
Nat Gas News July 14, 2017 PSC approves sale of Delta Natural Gas to PNG Lane Report reports: The Kentucky Public Service Commission (PSC) has approved the sale of Delta Natural Gas Co. to PNG Companies LLC. Delta is headquartered in Winchester and serves about 39,000 customers in 23 counties in Eastern and Central Kentucky. […]
Crude prices this morning are $43.85, down $.38 (2.1%) from yesterday’s close of $44.23. Crude opened this morning at $44.35, a full $1 below Friday’s open. Diesel price are $1.4384, with a loss of $.0098 from yesterday’s close. Prices opened this morning at $1.4512, roughly $.025 below yesterday’s open. Gasoline prices are $1.4809, losing $.0175 […]
Crude prices are currently $45.88/bbl this morning, down 2.5% from yesterday’s opening price of $47.04/bbl. Yesterday’s price movement ended the 8-day streak of rising prices. Prices opened this morning at $45.65/bbl, slightly higher than yesterday’s close of $45.13/bbl. Diesel prices are $1.4960 this morning, up $.0173 (1.2%) from yesterday’s close of $1.4785. Prices opened this […]
Nat Gas News July 6, 2017 AES finances natural gas, energy storage project in California Electric Light & Power reports: The AES Corp. announced the closing of $2 billion in long-term, non-recourse financing for its 1,384 MW Southland repowering project in Southern California. The financing consists of $1,475 million of senior secured notes amortizing through […]
After rising to over $47 on Monday, crude prices have fallen back to $46.55 this morning. Last Friday, crude prices rose over a dollar, from an opening price of $44.89 to a close of $46.04. Monday continued the gains, and prices closed at $47.07. Today, prices are slipping lower on a lack of fundamental news, […]
The EIA released its weekly data on diesel and gasoline retail prices for the week ended July 3, 2017. After a series of weekly price declines, crude prices pushed significantly higher last week, bringing mixed results for gasoline and diesel prices. For the current week, prices for diesel increased by .7 cents per gallon nationally, […]
