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 1,436 Bcf Our prediction for week ending 05/13/08 1524 Bcf Weekly Changes: +65 Bcf +88 Bcf est NEW EIA DISCUSSION ARTICLE: for week ending 05/13/08

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 14, 2008  Forecast & Analysis - Top Stories - Financial - Releases - Weather Stories Forecast & Analysis Where Are Oil Prices Taking Stocks? American consumers and companies have howled in agony at oil's 27% price surge in the last six weeks. But apparently—at least so far—stock investors could not care less. Full Story Americans curb gasoline use amid high prices NEW YORK (Reuters) - Americans are tapping the brakes on their road travel heading into the peak summer driving season because of a record rise in gasoline prices. Full Story DJ MARKET TALK: Deeper Nymex Contango Signals Oil Rally Slowing [Dow Jones] Crude oil futures are a tad higher, and the premium between the first and second month Nymex futures contracts has narrowed, says an analyst at Natixis Bleichroeder bank, "a signal that oil's rally may be slowing." Full Story Russia hurting its own oil production When the price of oil reached another record on Friday, at more than $126 a barrel, analysts pointed to attacks on pipelines in Nigeria and turmoil in Venezuela and Iraq as the immediate causes. Full Story The Oil Nonbubble “The Oil Bubble: Set to Burst?” That was the headline of an October 2004 article in National Review, which argued that oil prices, then $50 a barrel, would soon collapse. Full Story Top Stories U.S. senators pressure Saudis to boost oil output WASHINGTON, May 13 (Reuters) - Democrats trying to pressure Saudi Arabia to boost oil output introduced legislation in the Senate on Tuesday that would stop a $1.4 billion U.S. arms sale to the kingdom. Full Story Senate votes to halt oil reserve shipments WASHINGTON - The Senate, in a direct challenge to President Bush, voted Tuesday to temporarily halt the shipment of thousands of barrels of oil a day into the government's emergency reserve. Full Story Oil Rises to Record on Signs Refiners Not Meeting Fuel Demand May 13 (Bloomberg) -- Crude oil and heating oil climbed to records on signs that refiners are not meeting demand for distillate fuels such as diesel and heating oil. Full Story China halts main oil products pipeline after quake BEIJING, May 13 (Reuters) - PetroChina has suspended oil flows at a major fuel pipeline to check for possible damage after a powerful earthquake hammered southwest China, company sources said on Tuesday. Full Story Lawmakers want to end oil shipments to US reserve WASHINGTON (AP) — Amid daily bipartisan sniping over high gas prices, Democrats and Republicans appear to agree on at least one thing: With oil over $120 a barrel, President Bush ought to stop buying crude for the government emergency reserve. Full Story Financial 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 Crude Oil Is Little Changed After IEA Cuts 2008 Demand Forecast May 13 (Bloomberg) -- Crude oil was little changed in New York after the International Energy Agency lowered its demand forecast because record fuel prices are curbing consumption. Full Story US GAS:Nymex Gas Ends Down On Crude Oil, Mild Weather NEW YORK (Dow Jones)--Natural gas futures ended lower Monday, driven downward by falling crude oil prices, mild weather and increased nuclear power generation. Full Story OIL FUTURES: Crude Settles -1.4%, After Record High NEW YORK (Dow Jones)--Crude oil futures prices settled lower Monday, despite a push to a new intraday record, as profit-takers dominated the market, cashing in on six days of consecutive gains. Full Story US GAS: Nymex Gas Falls With Lower Crude Oil Prices NEW YORK (Dow Jones)--Natural gas futures continued to follow the crude oil market Monday, sliding as traders took profits after a recent run-up in prices. Full Story Releases Exxon wants over $800 mln if Alaska leases lost ANCHORAGE, Alaska, May 13 (Reuters) - Exxon Mobil Corp (XOM.N) said it plans to seek more than $800 million in compensation from Alaska if the state follows through with its plan to void the company's leases at the Point Thomson gas and oil field. Full Story Intercontinental Exchange Gets U.K. Clearing Approval May 13 (Bloomberg) -- Intercontinental Exchange Inc., the owner of Europe's largest energy market, received regulatory approval for its new London-based derivatives clearinghouse. Full Story Apache Declares Cash Dividends on Common and Preferred Shares HOUSTON, May 13 /PRNewswire-FirstCall/ -- The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) has declared regular cash dividends on the company's common shares and Series B Cumulative Preferred Stock. Full Story Lucas Energy Announces Oil Production for Fourth Fiscal Quarter 2008 HOUSTON, May 13, 2008 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (AMEX:LEI), a U.S. based independent oil and gas company, today announced oil production figures for the fourth quarter ended March 31, 2008. Full Story Shell Starts Oil Output at Two Nigeria Facilities After Attacks May 13 (Bloomberg) -- Royal Dutch Shell Plc, Europe's largest oil company, resumed crude output at two of four Nigerian production facilities that were attacked by militants last month. Full Story BP says most Prudhoe oil back after snag NEW YORK, May 12 (Reuters) - Oil major BP Plc (BP.L) said on Monday most of its crude oil output in Prudhoe Bay, Alaska was back up after a power outage early Friday knocked out all six of its processing plants as well as the Northstar field. Full Story Split plan sends EnCana shares soaring CALGARY, Alberta, May 12 (Reuters) - EnCana Corp (ECA.TO) (ECA.N) shares surged nearly 7 percent on Monday after Canada's biggest energy company said it plans to split into a natural gas firm and an integrated oil sands producer to boost its market value. Full Story Exxon lobbies against CEO-chmn split, say on pay NEW YORK, May 12 (Reuters) - Exxon Mobil Corp (XOM.N) is lobbying investors to vote against proposals that advocate separating its top leadership positions and giving shareholders an advisory vote on executive pay. Full Story

TOP 5 Most Read Stories > The Oil Nonbubble > US GAS: Nymex Futures Edge Higher, Largely Tracking Crude > Russia hurting its own oil production > DJ MARKET TALK: Deeper Nymex Contango Signals Oil Rally Slowing > Where Are Oil Prices Taking Stocks? TOP 5 Most Read Commentaries > The Energy Report for Tuesday, May 13, 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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