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Cascade Natural Gas
built 655 days ago
Coal, Renewable Energy and Natural Gas - The overall direction of the energy industry is moving towards safer and cleaner methods of producing electricity and improving manufacturing processes. Perspectives are provided by Puda Coal, Inc (OTCBB: PUDC), American Electric Power Co. Inc (NYSE: AEP), XsunX, Inc., (OTCBB: XSNX), Energy Conversion Devices, Inc. (NASDAQ: ENER), and Petrol Oil and Gas (OTCBB: POIG). click here
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Natural gas serves as a raw material for creating petrochemicals, which are chemicals that are specifically derived from natural gas or petroleum. In turn, petrochemicals are used as a base product for making fertilizers, detergents, pharmaceuticals, plastics, and numerous other goods.
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NEW YORK, June 29 /PRNewswire-FirstCall/ -- MaidenForm Brands Inc. (NYSE: MFB) will replace Cascade Natural Gas Corp. (NYSE: CGC) in the S&P SmallCap 600 after the close of trading on Monday, July 2. Cascade is being acquired by S&P MidCap 400 constituent MDU Resources Group Inc. (NYSE: MDU) in a deal expected to close on or about that date, pending final approvals.
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Natural gas is used both as a fuel and as a raw material in the manufacture of chemicals. As a residential fuel, it is burned in furnaces, water heaters, cooking stoves, and clothes dryers. As an industrial fuel, it is burned in kilns (special furnaces) used to bake bricks and ceramic tiles and to produce cement. Natural gas is ... used for generating steam in water boilers and as a source of heat in glass making and food processing.
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The FERC report concluded that the natural gas industry must take the lead in solving the problem of inaccurate information reported in gas price indices. Industry groups, the gas press, the FERC and the CFTC worked together to understand the functioning of the natural gas market, to improve the price survey process and to increase the number of participants. The federal government has undertaken a series of regulatory and statutory efforts to improve the accuracy of the natural gas price indices. It issued standards on voluntary price reporting and results of conduct in a July 2003 policy statement. New reporting rules and verification procedures have been established by the indices reporting entities to prevent manipulation or inaccurate reporting.
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Coal beds contain appreciable quantities of methane, the principal component of natural gas. In coal deposits, methane is often dispersed throughout the pores and fractures of the coal bed. This type of natural gas is often referred to as coal-bed methane.
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Cascade Natural Gas