Markets

Emex Brings NatGas Reverse Auctions to Illinois

 The service provides a way for suppliers to bid online for the energy needs of businesses, municipalities and commercial and industrial parks. Read More

Exuberant Physical Market Outdoes Futures; September Adds 3 Cents

 Both cash and futures prices gained ground in Monday's trading. Read More

Weak Marcellus Leads Weekend Charge Lower; Futures Falter

 Both physical and futures natural gas prices stumbled going into the weekend. Read More

Marcellus 'Monster' Taking Bite Out of Price Forecasts

 Bank of America is doubting its price projections, and Bernstein Research cut its by a quarter. Read More

Overall Balance Offsets Weak East; Futures Notch One-Month High

 Cash and futures prices parted ways in Thursday's trading. Read More

EIA Expects Storage to Exit October More Than 100 Bcf Shy of 2012

 Government agency predicts summer injection pace to be quicker than 2012, yet total working gas levels in storage at the end of the refill season are expected to fall well short of last year's all-time record inventory of 3,929 Bcf. Read More

Icahn's Stake in Chesapeake Increases to Nearly 10%

 The activist investor, who helped to overhaul management practices in 2012 and in 2011, now holds sway over 66.5 million shares, according to a regulatory filing. Read More

JPMorgan's Energy Trading Arm Facing More Scrutiny

The Department of Justice is said to be investigating JPMorgan Chase & Co.'s energy trading following the conclusion of a probe of the company's power market trading by the Federal Energy Regulatory Commission, which resulted in a fine of $410 million. Read More

Cross-Market Manipulation Gets Capitol Hill Attention

 It's unclear whether Congress will propose legislation to clarify jurisdiction in cases of cross-market manipulation of the futures and physical gas markets. Read More

Canadian LNG Project Would Revive Mining Ghost Town

 After eight months of fishing for industry support, Kitsault Energy announced Monday that it has a nibble in the form of a memorandum of understanding with an overseas enterprise willing to explore possibilities of the scheme. Read More