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LOG IN: USERNAME: PASSWORD: Remember my login Forgot your password? SIGN UP: FREE - Newsletter and limited site access $29.33/mo - UNRESTRICTED ACCESS   TELL ME MORE ABOUT: Outlook research Weather data   EIA NATURAL GAS WEEKLY STORAGE LEVELS: (Total Lower 48) EIA report for week ending 05/02/08 1,529 Bcf Our next prediction coming Tuesday, 05/20/08 Weekly Changes: +93 Bcf EIA FORECASTING TOOL: Explore past and future EIA natural gas values!

Natural gas, crude oil, and weather market news, prices, analysis, and forecasts for commodities traders, risk managers, and hedgers with current NYMEX, CME, EIA, and energy market data, charts, commentaries, newsletters, and more. Featured Articles for May 15, 2008  Forecast & Analysis - Top Stories - Financial - Releases - Weather Stories Forecast & Analysis DJ CHARTING MONEY: Bearing The Thought Of Lower Crude Oil NEW YORK (Dow Jones)--A move of Nymex crude oil to targets above $135 a barrel obviously amounts, given the powerful long-term uptrend, to the proverbial drop in the bucket. Full Story Oil Traders Draw Congress' Ire When it comes to high energy prices, OPEC is quickly losing its status as Public Enemy No. 1. Alongside Big Oil, where profits are fattening as gas prices rise, a new bogeyman has emerged: the oil speculator. Full Story DJ ENERGY MATTERS: Crude Market Creaking After Record Highs NEW YORK (Dow Jones)--U.S. oil refiners are shaking the rust and cobwebs from facilities, a move that usually would ignite a rally in the crude oil market. Full Story The new realities of record oil OTTAWA -- Emerging economies are contributing to record oil prices by subsidizing demand in their home markets as they seek to shelter their populations from the impact of crippling fuel costs, the International Energy Agency says in a new report. Full Story Weekly Natural Gas Storage Data for Week Ending 5/9/08 Working gas in storage was 1,529 Bcf as of Friday, May 9, 2008, according to EIA estimates. This represents a net increase of 93 Bcf from the previous week. Full Story Top Stories 100 killed in new Nigeria pipeline inferno: Red Cross LAGOS (AFP) - An oil pipeline explosion killed about 100 people on Thursday near a primary school in a suburb north of Lagos, the Red Cross said. Full Story Republicans abandon Bush on food, energy issues WASHINGTON - Congress responded speedily to voters' angst over rising grocery prices and $4-a-gallon gasoline Thursday, bucking President Bush's veto threats with lopsided votes to boost food stamps and farm subsidies — after ordering Bush to quit pouring oil into the nation's emergency reserves. Full Story Congress Strengthens Electronic Exchange Oversight May 15 (Bloomberg) -- The U.S. Senate approved legislation that strengthens oversight of electronic energy trading platforms such as the Intercontinental Exchange, giving regulators new powers over previously exempt exchanges. Full Story Angola surpasses Nigeria as top Africa oil producer LONDON, May 15 (Reuters) - Angola became Africa's largest oil producer last month, OPEC said on Thursday, as unrest sharply cut Nigerian output. Full Story Senate sends oil-reserve bill to president WASHINGTON - The Senate late Wednesday approved and sent to the White House legislation directing President Bush to temporarily halt oil shipments into the government's emergency reserve, hoping to lower energy prices. Full Story Financial OIL FUTURES: Crude Down Slightly In Rocky Technical Trading HOUSTON (Dow Jones)--Crude oil futures closed lower for the third time in four sessions, in a wild day marked by the expiration of June crude options and the passage of a bill by the U.S. Senate paving the way for greater regulation of energy markets. Full Story US GAS: Futures Fall On Larger-Than-Seen Storage Build NEW YORK (Dow Jones)--Natural gas futures fell Thursday after U.S. government data showed more gas than expected was injected into storage last week, and as crude oil and distillates prices fell. Full Story OIL FUTURES: Crude Higher On Tight Distillate Supply HOUSTON (Dow Jones)--Crude oil futures are trading higher Thursday morning as energy markets continued to be lifted by tight distillate supplies. Full Story US GAS: Futures Rise On Delayed Independence Hub Restart NEW YORK (Dow Jones)--Natural gas futures climbed Wednesday, reaching a fresh 28-month high overnight after Enterprise Products Partners (EPD) announced that it was delaying the restart of the Independence Hub Full Story OIL FUTURES: Nymex Crude Settles Shy Of $126 On Heating Oil Surge HOUSTON (Dow Jones)--Crude oil futures settled higher Tuesday, following a spike in heating oil and concerns about Iranian output. Full Story US GAS: Nymex Futures Up, Tracking Heating Oil, Crude NEW YORK (Dow Jones)--U.S. natural gas futures ended higher Tuesday, tracking a surge in heating oil prices and rising crude, as participants await the restart of a major Gulf of Mexico gas output hub. Full Story OIL FUTURES: Nymex Crude Flat On Mixed Demand Picture HOUSTON (Dow Jones)--Crude oil futures traded flat Tuesday as surging heating oil futures countered signs of weakening oil demand. Full Story US GAS: Nymex Futures Edge Higher, Largely Tracking Crude NEW YORK (Dow Jones)--Natural gas futures edged higher early Tuesday, largely tracking crude oil as participants await the expected restart of a major U.S. Gulf output hub. Full Story Releases Petrobras Plans to Build $8 Billion Brazil Refinery May 15 (Bloomberg) -- Petroleo Brasileiro SA, Brazil's state-controlled oil company, plans to start construction of an $8 billion to $10 billion refinery in Sao Luis, Brazil, next year, the country's mines and energy minister said. Full Story El Paso Corporation Announces $300-Million Share Repurchase Program and 25 Percent Dividend Increase HOUSTON, TX--(MARKET WIRE)--May 15, 2008 -- El Paso Corporation (NYSE:EP) announced today that, in light of the improved cash flow and business prospects of the company, its Board of Directors has approved a $300-million share repurchase program. Full Story Sempra Energy's New Baja California LNG Terminal Ready for Commercial Operations SAN DIEGO, CA--(MARKET WIRE)--May 15, 2008 -- Sempra LNG, a subsidiary of Sempra Energy (NYSE:SRE), today announced that its Energía Costa Azul liquefied natural gas (LNG) receipt terminal in Baja California, Mexico, has successfully completed all performance testing and is ready for commercial operations. Full Story Exxon Reports Crude Oil Spill at Torrance, California, Refinery May 15 (Bloomberg) -- Exxon Mobil Corp., the world's biggest oil company, reported a crude oil spill at its refinery in Torrance, California. Full Story Imperial fails to reinstate oil sands permit CALGARY, Alberta (Reuters) - Imperial Oil Ltd (IMO.TO) has failed in a court bid to reinstate a key permit for its planned Kearl oil sands project in Alberta, increasing the odds that the C$8 billion ($8 billion) development will be delayed. Full Story ConocoPhillips Announces Quarterly Dividend HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today announced a quarterly dividend of 47 cents per share, payable June 2, 2008, to stockholders of record at the close of business May 27, 2008. Full Story ConocoPhillips CEO says record crude prices a foe HOUSTON, May 14 (Reuters) - The CEO of ConocoPhillips (COP.N), the third-largest U.S. oil company, said on Wednesday world crude oil supplies are adequate and not to blame for record prices, which have taken a toll on the industry. Full Story Total, Saudi Aramco announce 400,000 bpd refinery project PARIS (AFP) - The French oil group Total and the Saudi Arabian Oil Company (Saudi Aramco) announced plans Wednesday for a 400,000-barrel-per-day refinery in the eastern Saudi city of Jubail on the Gulf coast. Full Story

TOP 5 Most Read Stories > Weekly Natural Gas Storage Data for Week Ending 5/9/08 > The new realities of record oil > DJ ENERGY MATTERS: Crude Market Creaking After Record Highs > 100 killed in new Nigeria pipeline inferno: Red Cross > US GAS: Futures Fall On Larger-Than-Seen Storage Build TOP 5 Most Read Commentaries > The Energy Report for Wednesday, May 14, 2008 > Natural Gas and Its Realities > A New Era in the Energy Sector > Oil Bull Market Uncovers Two New Opportunities > EIA Discussion for Week Ending May 2nd, 2008

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