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Saturday, February 05, 2011

Natural Gas and New Mexico

Friday, Feb. 4, 2011
Thousands in NM without natural gas service
By SUE MAJOR HOLMES Associated Press

Stocks Posted Best Weekly Gain In 2-Months (AAPL, BAC, BIDU, BP, ERTS, FCX, FSLR, MEE, PFE, SLW, V, XOM)
Written by TradersHuddle Staff
Friday, 04 February 2011 21:33
"...Energy, materials, and financials were the bets performing sectors. The energy sector rallied 2.6% lifted by higher crude oil prices and by M&A activity in the coal space. Crude oil extended its gains, climbing to a two-year high of $92.84 per barrel, before settling with a 3.2% gain at $92.19 per barrel. Traders continued to press the possibility of crude oil flow being interrupted at the Suez Canal and of possible Egypt unrest spillover to other oil producing countries in the Middle East..."


New Mexico Board Votes to Adopt Greenhouse Gas Cap-and-Trade Rules
Published Nov. 2, 2010
"...PNM Resources, the Albuquerque-based parent firm of the utility Public Service Co. of New Mexico, has opposed the regional greenhouse gas regulations and issued a statement indicating that it may consider legal action. The company is among many that would prefer a national approach to energy and emissions regulations of this type..."

Speculation On A Monster Rebound, Higher Oil
Andrew Wilkinson, Interactive Brokers, 01.28.11, 02:58 PM EST
Monster Worldwide has been a horror show, dropping about 20%. Some options players wager on a snap back rally.

Patterson-UTI Energy: Shares of the provider of contract services to the North American oil and natural gas industry were up 2.25% this afternoon to stand at $22.90 just before 2:30 p.m. in New York.

Thursday 3 Feb 2011 UK Guardian
Terry McAllister
Shell's search for profits widens even as the oil price climbs
• Shell now 'world's largest trader' as well as oil major
• Plans to explore in Arctic, Iraq, Russia and deep sea
"...Shell is also busy building up its positions in the deep waters of the Gulf of Mexico and off Brazil, despite the safety concerns triggered by BP's Deepwater Horizon spill..."

Natural gas leak reported at offshore platform in the Gulf of Mexico
Published: Tuesday, January 18, 2011, 9:20 PM Updated: Tuesday, January 18, 2011, 9:21 PM AP

Saboteurs attack Egypt gas pipeline to Jordan
By Agence France-Presse
Saturday, February 5th, 2011 -- 8:12 am
"..."The pipeline to Jordan has been attacked and the supply to Israel has been cut off," the official said..."


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