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Natural Gas Prices

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  • Orion Energy Systems Soars in Market Debut Wednesday, 19 Dec 2007 | 12:49 PM ET

    Orion Energy Systems soared in its market debut Wednesday, a day after an initial public offering priced in the middle of a forecast range.

  • Bush Signs Energy Bill Boosting Auto Fuel Economy Wednesday, 19 Dec 2007 | 11:29 AM ET

    President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming.

  • US House OKs Energy Bill; Bush to Sign into Law Tuesday, 18 Dec 2007 | 2:13 PM ET
    Patrons line up for fuel, Tuesday, May 30, 2006, in Cincinnati. Oil prices rose above $72 a barrel Tuesday ahead of an OPEC meeting in Venezuela and the start of the Atlantic hurricane season later this week. The Memorial Day holiday marked the beginning of the peak driving season in the U.S., a period when energy traders are extra skittish about any loss of oil production or refining capacity. (AP Photo/Al Behrman)

    The House on Tuesday approved an energy bill to increase the fuel efficiency of U.S. cars and trucks for the first time since 1975, boost production of renewable motor fuels like ethanol and cut energy use in light bulbs and appliances.

  • Key Provisions of Energy Bill Passed by US House Tuesday, 18 Dec 2007 | 2:10 PM ET

    The U.S. House of Representatives Tuesday passed a broad energy bill that will boost automobile fuel efficiency standards and require more use of renewable fuels like ethanol.

  • CNBC Smoke Test - PAGE HEADLINE Wednesday, 12 Dec 2007 | 3:12 AM ET

    The 1st part of  CNBC Smoke Test - ABSTRACT

  • Ice Storm Trips Power, Paralyzes Key US Oil Hub Tuesday, 11 Dec 2007 | 1:19 PM ET
    Man clears downed branches from a road outside his home in Forest Park, Oklahoma.

    A deadly ice storm in the U.S. heartland triggered power outages that paralyzed parts of the most important U.S. oil hub, threatening supplies to the region's oil refineries.

  • US House Approves $21.5 Billion Energy Bill; Veto Seen Thursday, 6 Dec 2007 | 3:38 PM ET

    The House of Representatives Thursday passed an energy bill that would boost vehicle fuel economy requirements by 40 percent by 2020, raise ethanol use by five-fold by 2022 and impose $13 billion in new taxes on big oil and gas companies.

  • Chavez Ups The Ante Friday, 30 Nov 2007 | 5:50 PM ET
    Hugo Chavez

    A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.

  • Uzbekistan Wants to Hike Russia Gas Price Thursday, 29 Nov 2007 | 6:03 AM ET
    Gas Compressor

    Uzbekistan wants to charge Russia more for its gas supplies from next year and will negotiate a new deal in December, an Uzbek energy official said on Thursday.

  • El Paso to Buy Half-Interest in LNG Project Wednesday, 28 Nov 2007 | 11:35 AM ET

    Natural gas producer and pipeline company El Paso Wednesday it has entered into an agreement to acquire a 50 percent interest in a liquefied natural gas project in Mississippi from Crest Group and Sonangol.

  • Russia to Sign Turkmenistan Pipeline Deal Soon Friday, 23 Nov 2007 | 5:37 AM ET
    Oil Pipeline

    Russia and Turkmenistan will soon sign a final agreement on a new natural gas pipeline, Russian Prime Minister Viktor Zubkov said on Friday, ending months of uncertainty surrounding the project.

  • Fill'er Up? For Some Big Cars, It Now Costs $100 Tuesday, 20 Nov 2007 | 4:43 PM ET

    Nearly 32 million Americans will take to the roads this week for the Thanksgiving holiday, seemingly undeterred by retail gasoline prices over $3 a gallon — a figure that is translating to $100 fill ups for some.

  • US Energy Sec: Not Worried by OPEC Dollar Debate Tuesday, 20 Nov 2007 | 5:25 AM ET

    U.S. Energy Secretary Sam Bodman said on Tuesday the United States was not concerned about the debate within OPEC on whether it should seek an alternative to the dollar in pricing oil.

  • Devon Profit Rises, Helped by Production Boost Wednesday, 7 Nov 2007 | 8:23 AM ET

    Independent exploration and production company Devon Energy on Wednesday said  third-quarter net profit rose 4 percent, as a 10 percent increase in production helped offset lower natural gas prices.

  • GM to Take $39 Billion Charge, Faces Challenges Tuesday, 6 Nov 2007 | 10:00 PM ET
    GM logo, General Motors logo

    General Motors said it would book a $39 billion non-cash charge in the third quarter, reflecting the risk of a slower turnaround that could keep it from claiming expected future tax credits in key markets.  GM will report third-quarter results on Wednesday.

  • El Paso Profits Up 16% on Higher Natural Gas Prices Tuesday, 6 Nov 2007 | 7:48 AM ET

    Natural gas producer and pipeline company El Paso posted a 16 percent rise in third-quarter profit on Tuesday, boosted by higher natural gas output and prices.

  • $100 Oil? Friday, 2 Nov 2007 | 3:47 AM ET

    Crude oil futures breached the $96 level this past week.  Next stop $100?  That’s the talk dominating the market. And the key question is not if, but when, we get there. Oil is up almost 60 percent from a year ago and it’s jumped 19 percent in the past month. Given the blistering pace of oil’s appreciation, market watchers are not ruling out a triple-digit oil price by the end of the year, if not earlier.  So what's in store for the not so distant future?

  • Oil 'Bubble' Will Burst: Iran Oil Minister Wednesday, 31 Oct 2007 | 7:43 AM ET
    Oil Pipeline

    An oil price "bubble" was not due to any shortage but was fuelled by global political tensions, a leading Iranian oil official told the state broadcaster.

  • Puget Energy to Be Acquired for $3.5 Billion Friday, 26 Oct 2007 | 12:24 PM ET

    An investor group led by Macquarie Bank agreed to buy utility Puget Energy in a deal worth $3.51 billion in the Australian bank's latest foray into the North American energy sector.

  • US Natural Gas in Storage Grows Friday, 19 Oct 2007 | 11:15 AM ET

    Natural gas in storage in the U.S. grew last week and is 6.7 percent above the five-year average for this time of year, a government report said Thursday.