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US GAS: Natural Gas Ends Flat as Sandy Outages Linger

Natural gas ended nearly unchanged Wednesday, as traders balance rising gas-fired heating demand against the massive power outages caused by Hurricane Sandy.Natural gas for December delivery settled 0.1 cent higher at $3.692 a million British thermal units on the New York Mercantile Exchange.More than six million utility customers remain without power in the wake of Hurricane Sandy, which pummeled the Eastern U.S. Monday and Tuesday, and utilities say it could take a week or more to return power to customers. The storm likely curbed demand for natural gas because utilities have been increasingly turning to gas as a fuel source as the price of the fuel has fallen below that of coal."If we have a long period of time where people don't have power, that's going to cut into demand and really prevent the market from establishing a rally," said Gene McGillian, analyst at Tradition Energy in Stamford, Conn.The storm could curb gas demand by 10 billion cubic feet this week, according to an esti...

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  1. DC's Account of 5.9 Magnitude Quake

    FNC's Bret Baier with DC workers on today's earthquake.

  2. Leaky Pipes at Nuclear Sites?

    Is Congress listening about the news that an estimated three-quarters of the country's nuclear sites have leaky pipes?Two top elected officials have heard the news, ...

  3. Radiation Levels at Japan Nuclear Plant Reach New High

    Entergy Nuclear Operations Fmr. Director David Kelly addresses nuclear energy issues.

  4. The Challenges Ending the Japanese Nuclear Crisis

    Energy Consultant Lake Barrett on efforts to end the nuclear crisis in Japan.

  5. Japan crisis hits U.S./Canada nuclear sector

    By Julie Gordon and Matt DailyTORONTO/NEW YORK (Reuters) - Investors punished shares of companies that build nuclear power plants and supply them with fuel on Monday...

  6. After the Quake: How Big a Concern is Radiation?

    Fmr. FEMA Director Mike Brown on concerns over radiation levels at a Japanese nuclear power plant after the earthquake.

  7. Entergy Reopens Power Plant After Earlier Explosion

    Entergy (NYSE:ETR) has returned a nuclear facility to service, following a shutdown earlier this month sparked when a transformer exploded.The small fire caused by t...

  8. Westinghouse Electric CEO on Nuclear Energy Plants

    Westinghouse Electric CEO Aris Candris on building nuclear plants around the world and creating jobs.

  1. Hurricane Sandy’s Impact on Power in the Northeast

    Edison Electric Institute Operations Executive V.P. David Owens on efforts to ease Hurricane Sandy’s impact on the power system and preparations to restore power after the storm.

  2. Entergy Chairman, CEO Leonard to Retire; Denault Named Successor

    Entergy Corp. (ETR) said its Chairman and Chief Executive, J. Wayne Leonard, will retire in January and the power company named Chief Financial Officer Leo Denault a...

  3. Entergy Posts 1Q Loss On Vermont Yankee Charge, Lower Revenue

    Entergy Corp. (ETR) posted a first-quarter loss on lower revenue, higher costs and a large write-down at its Vermont nuclear power plant.Entergy, of New Orleans, wro...

  4. NY DEC: Entergy To Pay $1.2 Million For 2010 Indian Point Incident -NY Times

    DOW JONES NEWSWIRESEntergy Corp. (ETR) agreed to pay a $1.2 million penalty for a November 2010 transformer explosion and fire at its Indian Point nuclear plant in B...

  5. Court Rules Entergy Can Keep Operating Vermont Yankee Nuclear Plant

    (This article was originally published Thursday.)A U.S. district court ruled Thursday that Entergy Corp. (ETR) can continue operating the Vermont Yankee nuclear powe...

  6. Power Plants Under Increased Scrutiny After Quake

    Investigative Journalist Rita King and Anthony Pietrangelo of the Nuclear Energy Institute on the safety of America’s nuclear power plants.

  7. How Safe are the Nuclear Power Plants on the East Coast?

    Former Entergy North Operations Executive John Kelly on the risks to nuclear power plants from the earthquake in Virginia.

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