Natural Gas Intelligence summaries for Mar. 9, 2010

Publisher: Natural Gas Intelligence (Author: Natural Gas Intelligence)

APRIL NATGAS FUTURES INCH LOWER

Quiet session ends in 1.1-cent decline for April futures

DOUGLAS SCHANTZ'S BODY FOUND IN MISSISSIPPI RIVER

Police believe Sequent Energy Management president drowned accidentally.

CONOCOPHILLIPS CEO: GOVERNMENT IGNORING SHALE'S POTENTIAL

Natural gas offers a "real future, not the pipe dreams of hydrocarbon deniers," said Jim Mulva.

DESPITE UPSWING IN RIG ACTIVITY, EIA SEES GAS OUTPUT DECLINE THIS YEAR

Federal government projects decline in natural gas production this year despite rise in working gas rigs.

Natural Gas 'Key Enabler' of Renewable Energy, Says DOE's Chu

Natural gas, "in a certain sense, is the first responder for changes in energy," he said.

FERC, CFTC CONTINUE TO SPAR OVER JURISDICTION

Commissions state their cases in front of a hearing of the Senate Energy and Natural Resources Committee in Washington, DC, Tuesday.

UTAH SENATOR DECRIES PROPOSED FEE HIKES ON OIL, GAS PRODUCTION

Bennett says proposed hikes would increase unemployment, decrease federal revenues.

TVA CONTRACTS FOR EAST TENNESSEE CAPACITY

The pipeline will deliver gas to a new combined-cycle power plant.

MOST POINTS KEEP FALLING AS COLD WEATHER FADES

Advance into more spring-like conditions reduced heating load.

WARM-UP BRINGS MORE FUTURES BEARS OUT OF HIBERNATION

Spring-like temperatures keep natural gas futures trickling lower.

U.S., CANADIAN ONSHORE A MAGNET FOR MONEY

Majors and European-based producers spent the most for acquisitions in 2009, according to one energy research firm.

SEQUENT PRESIDENT 'MISSING;' REWARD OFFERED

Douglas N. Schantz disappeared early Friday morning during a business trip to New Orleans.

MURKOWSKI PRESSES EPA FOR DETAILS ON REGULATION OF GHG EMISSIONS

The Senator called on the Environmental Protection Agency to provide more details on how its program would work.

CONSTRUCTION BEGINS ON FAYETTEVILLE EXPRESS

The approximately $1.25 billion project is expected to be in service late this year.

XCEL AGREES TO REPLACE COLORADO COAL WITH GAS

The state's largest utility agreed to replace some coal-fired power plants with facilities fueled by natural gas and other sources.

HELIX WANTS FOCUS ON DEEPWATER SERVICES

The Houston-based contractor said it would sell its entire oil and gas business.

CFTC SETTLES CHARGES AGAINST BMO TRADER'S SUPERVISOR

The order is related to a case dating back to 2008.

RENEWABLES CALLED GROWTH AREA FOR OIL/GAS INDUSTRY

Diversification to include renewable energy development can help the oil and gas industry, according to one consulting firm.

www.intelligencepress.com