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February 21, 2011
Natural-Gas Inventories Remain High

WASHINGTON — Natural-gas inventories are expected to remain high through 2011, resulting in an average Henry Hub natural-gas spot price of $4.16 per million Btu (MMBtu) for the year, $0.22 per MMBtu lower than the 2010 average, according to the Energy Information Administration’s (EIA) latest short-term energy outlook.

December 15, 2010
Natural-Gas Prices Expected to be Lower in 2011

WASHINGTON — While 2010 natural-gas prices will end up slightly higher than 2009 prices, 2011 prices are trending just a bit lower than this year’s prices, according to the latest Energy Information Administration (EIA) short-term energy outlook.

The projected Henry Hub natural-gas spot price should average $4.37 per million Btu (MMBtu) for 2010, a $0.42-per-MMBtu increase over the 2009 average. EIA expects the Henry Hub spot price to average $4.33 per MMBtu in 2011.

November 16, 2010
Natural Gas: Stable Inventories, Stable Prices

WASHINGTON — Natural gas working inventories (underground storage quantity) at the end of October are about the same as last year’s record-setting levels, resulting in a decline in prices for the last two months, according to the latest U.S. Energy Information Administration (EIA) short-term energy outlook.

Mild weather, high production and the absence of significant hurricane activity in the Gulf of Mexico also contributed to the large inventory build.

December 8, 2009
Mild Winter Pushes Natural Gas Prices to New Low

NEW YORK — Natural gas prices have dropped well below what they were last year, and they should stay that way well into 2010, according to a recent Associated Press report. The New York Mercantile Exchange contract for January delivery at one point last week dropped to a new 52-week low of $4.432 per 1,000 cubic feet.

March 28, 2007
Linde Launches CO2 Brand Throughout Europe

MUNICH, Germany — Multinational industrial-gas giant Linde AG announced a 50 million euro ($66.7 million) rollout of Fred Butler brand drycleaning plants and stores throughout Europe. Fred Butler uses a liquid carbon dioxide process exclusively to clean clothing, making this the biggest commitment to the alternative process in industry history.