The bond rating agency Fitch expects coal companies to struggle in the future. “The sector default rate is likely to increase further in the near term,” its analysts wrote in a note to investors Monday. Brought on by improved drilling techniques and hydraulic fracturing has ushered in a period of sharply lower natural gas prices.

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For now, said Trammel, gas producers, and certainly in the Rockies, have got to find new markets to absorb supplies. Boosters of Piceance energy development have been eyeing liquefied natural gas exports as one possibility, and are currently hoping the Federal Energy Regulatory Commission will reverse a decision to deny the Jordan Cove LNG export project in Oregon. Trammel said that project would be quite an outlet for domestic gas, but he said the LNG market currently suffers from oversupply, weak demand and revived competition from cheap oil as an energy source..

In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. Most common response I hear (from customers) is I saw this stuff in Mexico, but I couldn bring it back, Smandych said from her new store, La Bodega Imports, at 955 Portage Ave. Just like a little slice of Mexico in here and that mostly because of the colour. From Saskatchewan, Smandych first visited Mexico in 1987 and was taken with the colourful artisan products..

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Murjatmodjo, the Indonesian official, said the plane is believed to have gone missing somewhere over the Java Sea between Tanjung Pandan on Belitung island and Pontianak, on Indonesia’s part of Kalimantan island. Reporting clouds and asking to go higher from 32,000 feet (9,700 meters ) to 34,000 feet (10,303 meters), the usual cruising altitude for jetliners. It said the Singapore air force and the navy also were searching with two C 130 planes.