With the arrival of winter the EIA weekly gas storage report has the first major withdraw from the supplies. “Working gas in storage was 3,629 Bcf as of Friday, December 16, 2011, according to EIA estimates. This represents a net…
Category: Natural Gas
Sluggish Energy Pricing Forces Some Exits?
SocGen exits N. American physical gas, power; BNPP closing Houston office Houston (Platts)–16Dec2011/519 pm EST/2219 GMT French bank Societe Generale is exiting its North American physical gas and power trading business, a bank spokesman said Friday. Sources noted it had…