tuna boat n.— «Before there were emission controls and high gas prices, there were what I “lovingly” refer to as “tuna boats.” They call themselves “bombers.” They are the rolling irons that have...
wash trade n.— «In the natural gas case, there are examples of traders who agreed to buy the same amount of natural gas from each other in what is known as a “wash” trade, so they could report a high trade price to an industry...
natty n.— «Natural gas has taken a pounding. “Natty,” as it’s called in trading circles, has shed almost $10 in ten months, notching new contract lows last week following its explosion to $15 in the wake of Katrina...
slug n.— «Some processes occur very slowly and the amount of moisture in the natural gas does not change rapidly. In other cases, moisture spikes or “slugs” as they are called can occur with highly detrimental effects.» —“Factors to...
blue canary n.— «As miners once used caged canaries to warn them of poisonous gas underground, the greatest fear of these two streetwise veterans is a “blue canary,” a police officer or emergency worker who unknowingly walks...
blue canary n.— «The report says the department does not outfit all its vehicles with gas detectors or binoculars, which would enable rescue workers to identify a hazardous material by a placard from a safe distance. Instead, some rescue...