Featured Articles

Sep 02, 2010

Forecast & Analysis

Fires Not Unusual In Old Platforms Such As Mariner's Vermilion 380

[Dow Jones] Small fires are not a rare event in old platforms such as Mariner Energy Inc... Full Story

DJ US NATURAL GAS INVENTORY SURVEY: 53 Bcf Build Seen

By Mark Peters Of DOW JONES NEWSWIRES Analysts and traders expect government data scheduled for release Thursday to show a smaller-than-average build in gas inventories as lingering... Full Story

Key political risks to watch in Venezuela

Wed Sep 1, 2010 10:40am EDT CARACAS, Sept 1 (Reuters) - Venezuelans vote in legislative elections this month with runaway crime and the ragged state of the economy the main issues in... Full Story

Crude Oil Bears Still In Technical Control

By Jim Wyckoff Crude oil futures on the New York Mercantile Exchange have seen choppy price action very recently. Late last week's solid gains were met with a strong sell-off on Tuesday... Full Story

Oil Price Ignores Long-Term Supply Worries

By Angus McDowall A DOW JONES NEWSWIRES COLUMN You could be excused for seeing a grim metaphor for the death of the oil age in the scenes of destruction visited on the U.S... Full Story

Oil Price May Fall to $63 If Cap at `Pivot High' Holds: Technical Analysis

By Grant Smith - Aug 31, 2010 Crude oil may decline as low as $63 a barrel in New York if prices remain capped by a “pivot high” at $76... Full Story

Top News Stories

US EPA to issue more rules in climate fight

* EPA will continue to roll out rules to cut emissions * EPA chief going to methane meet in Mexico soon-official * EPA expects Congress will one day take action on climate (Releads,... Full Story

Encana stops drilling in Nova Scotia ahead of Earl

Sept 2 (Reuters) - EnCana Corp (ECA.TO) said on Thursday it suspended drilling and pulled personnel from a Nova Scotia rig ahead of Hurricane Earl while the U.S... Full Story

U.S. Energy Disasters in 2010

HOUSTON (Reuters) - Energy production and distribution in the United States can be a dangerous pursuit, in spite of strict safety regulations for oil, gas and coal producers... Full Story

Exxon Mobil removes staff from Sable as precaution

(Reuters) - Exxon Mobil Corp (XOM... Full Story

WSJ: All 7 Wells Attached To Platform Shut In, Governor Says

Mariner Energy's oil and gas platform continued to burn in the Gulf of Mexico more than three hours after it was reported to be engulfed in flame, Louisiana Gov... Full Story

Mariner Energy Platform Fire In US Gulf Extinguished

A fire aboard an offshore platform owned by Mariner Energy Inc... Full Story

Financial

Crude Tops $75/Barrel On Improving Data

NEW YORK (Dow Jones)--Crude futures rose above $75 a barrel Thursday, rebounding from earlier losses as data on the U.S. economy hinted that the recovery continues despite its slower pace... Full Story

US GAS:Futures End Slightly Lower After Expected Storage Build

Natural gas futures settled slightly lower Thursday after the U.S... Full Story

Crude Corrects Lower After Wednesday Rally

LONDON (Dow Jones)--Crude futures are lower Thursday morning as a slide in European equities prompts traders to book profits following Wednesday's rally. But nearby U.S... Full Story

US GAS: Futures Fall Slightly Ahead Of Gas Storage Data

Natural gas futures fell slightly Thursday ahead of a government report expected to show a smaller-than-average build in U.S. storage last week... Full Story

US GAS: Futures Finish Lower On Lack Of Gulf Storm Threats

By Jason Womack Of DOW JONES NEWSWIRES Natural gas futures ended lower Wednesday as a lack of immediate storm threats to natural gas output and ample inventories of the fuel weighed... Full Story

OIL FUTURES: Crude Up On Manufacturing Data, Equities Rally

By Jerry A. DiColo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Crude-oil futures settled higher Wednesday, helped by improving data on U.S... Full Story

Releases

Petrobras capital plan to boost reserves by 35 pct

(Reuters) - Brazil's state-run oil company Petrobras (PBR... Full Story

Southwestern Energy Company Adds to Board of Directors

HOUSTON, Sept. 2 /PRNewswire-FirstCall/ -- The Board of Directors of Southwestern Energy Company (NYSE:SWN - News) announced today that, effective August 30, 2010, it elected two new directors, Mr... Full Story

Sunoco Taps Former GM CEO Henderson To Lead Coking Business

NEW YORK (Dow Jones)--Sunoco Inc. (SUN) has appointed former General Motors Co... Full Story

China Natural Gas Announces Completion of First LNG Fueling Station in Shaanxi Province

XI'AN, China, Sept. 2 /PRNewswire-Asia/ -- China Natural Gas, Inc... Full Story

Perryville Gas Storage LLC Announces a Non-Binding Open Season

HOUSTON, Sept... Full Story

Chariot Oil & Gas Names Adonis Pouroulis Non Executive Chairman

LONDON (Dow Jones)--Chariot Oil & Gas Limited (CHAR... Full Story

Weather

Gaston still a depression, headed to Caribbean

NEW YORK (Reuters) - Recently-downgraded Gaston remained a tropical depression on Thursday as it churned west-northwest in the central Atlantic on a path that will likely take it into the... Full Story

NHC: Earl's Winds Weaken To 115 MPH As Storm Nears Outer Banks

Hurricane Earl's winds on Thursday weakened to 115 miles per hour, but the storm remained large and dangerous with higher gusts as it began to approach North Carolina's Outer Banks, the... Full Story

Tropical Weather Outlook

FOR THE NORTH ATLANTIC...CARIBBEAN SEA AND THE GULF OF MEXICO... THE NATIONAL HURRICANE CENTER IS ISSUING ADVISORIES ON HURRICANE EARL..... Full Story

The nation's weather

Hurricane Earl was forecast to rapidly approach the East Coast on Thursday, bringing unsettled weather to the North Carolina coast... Full Story

Hurricane Earl heads for U.S. east, islands evacuated

By Gene Cherry HATTERAS ISLAND, North Carolina (Reuters) - Visitors and some residents evacuated from low-lying vacation islands off the North Carolina coast on Wednesday as Hurricane Earl... Full Story

Above-Norm Sep Temps In Eastern Half Of US - NOAA

[Dow Jones]--Above-normal temperatures are expected from the eastern Great Lakes, across the Midwest and through much of the east, centered in Appalachia in Sep, NOAA said Tuesday... Full Story

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NATURAL GAS STORAGE*
EIA report for week ending 8-27-2010 Our prediction coming Tuesday 9-07-2010
3106 N/A
Weekly change
+54up N/A

Commodity Prices ($)

Natural Gas3.751
Crude Oil75.02
Heating Oil2.0623
RBOB Gas1.9216
Coal61.65