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U.S. Daily Market Briefs - 3/11/2010




Coal
 
Washington (Platts) -- 9Mar2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 4Mar2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 3Feb2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 30Jan2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 29Jan2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

Crude
 
New York (Platts) -- 17Apr2009 -- NYMEX May crude futures on CME's Globex system were 20 cents lower at $49.78/barrel Friday with a firmer tone to the US dollar preventing the market from solidly breaching the $50/barrel level again. ... (Source: Platts - http://www.platts.com)

 
Emergency workers Monday succeeded in emptying a 900-foot oil tanker of half its cargo of 40 million gallons of crude oil. (Source: Houston Chronicle - http://www.chron.com)

 
The secretary general of Opec said the group will cut its 2009 oil demand forecast this week, Reuters has reported. Abdullah Al Badri said Opec expects the slowing global economy to burn a million barrels per day (bpd) less oil than the producer group forecast just a month ago. Al Badri, who has previously said Opec may lower supply further when it meets in Vienna on Sunday, reiterated that an additional curb was among its choices. (Source: Ame Info - http://www.ameinfo.com/)

 
With one eye cast toward home, giant European energy companies are investing billions in U.S. natural gas and oil fields where huge, hard-to-get reserves have been unlocked with new drilling technology. (Source: Houston Chronicle - http://www.chron.com)

 
Dubai (Platts) -- 23Feb2009 -- OPEC's decision to cut oil production by 2.2 million b/d in December has halted a slide in oil prices, which would have otherwise fallen to $20/barrel, while compliance with the supply reduction so far... (Source: Platts - http://www.platts.com)

Electricity

 
FirstEnergy Corp. said that it plans to convert two units at its R.E. Burger Plant in Shadyside, Ohio, to generate electricity using biomass. When the retrofit is complete, the plant is expected to be one of the largest biomass facilities in the United States. (Source: Renewable Energy Access - http://www.renewableenergyaccess.com)

 
NRG Energy has signed an agreement with eSolar to develop solar power plants with a total generation capacity of up to 500 megawatts (MW) at sites in California and the Southwest. The first plant is expected to begin producing electricity as early as 2011. (Source: Renewable Energy Access - http://www.renewableenergyaccess.com)

 
San Francisco (Platts) -- 10Mar2009 -- The US Department of Energy on Monday defended standards it adopted for electricity transformers, saying the rules were not politically motivated, but were the result of a complex cost analysis. ... (Source: Platts - http://www.platts.com)

 
CME Group has announced 34 new PJM, ISO electricity swap futures contracts will begin trading on the exchange from 22 February for trade date of 23 February 2009 (Source: Energy Risk - http://www.energyrisk.com)

Emissions


 
http://us.news2.yimg.com/us.yimg.com/p/fi/22/11/96.jpg/yfinance/fbc/marketupdate/James_Hackett_on_the_future_of_green_energy_44094http://www.foxbusiness.com/http://us.js2.yimg.com/us.js.yimg.com/i/us/fi/pf/images/200711131752/providers/fp_fox_gold.png (Source: Yahoo - www.yahoo.com)

 
Washington (Platts) -- 15Apr2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

 
Washington (Platts) -- 9Apr2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology... (Source: Platts - http://www.platts.com)

Natural Gas
 
(Source: USA.gov - http://www.usa.gov)

 
Chesapeake Energy says it will cut natural gas production by 13 percent because of sustained drop in prices. The Oklahoma City-based company said Thursday it plans to cut production by 400 million cubic feet a day -- double what it had previously announced on March 2. (Source: Yahoo - www.yahoo.com)

 
(Source: USA.gov - http://www.usa.gov)


 
CME Group is to list Henry Hub natural gas financial last day options on its subsidiary New York Mercantile Exchange (Nymex) (Source: Energy Risk - http://www.energyrisk.com)