Articles by Richard Nemec

U.S. Senators Urge Fed to Ban Banks' Commodity Plays

U.S. Sens. Sherrod Brown (D-OH) and Elizabeth Warren (D-MA) Wednesday urged the Federal Reserve to curb banks from owning commodities businesses, including energy commodities, to prevent them from potentially hurting global supply chains. Energy companies, on the other hand, have said further restrictions on FHCs could harm commodities markets. 

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CNG Goes On Pre-Easter Roll

Led by the recent announcement that Portland, OR-based NW Natural and a Seattle-based storage tank manufacturer are partnering on an effort to allow more compressed natural gas (CNG) vehicles on the road, the Easter week provided a number of advancements in the CNG part of the natural gas vehicle (NGV) space. Some of the others were centered on advances for CNG in trucking. Read More

Fracking Not Responsible for Quakes, Professor Says

Considering the amount of fracking going on in the United States, any coincident increase in related seismic activity is relatively small, an engineering professor and fracking entrepreneur told an audience at the Conference of Western Attorneys General's Colorado Energy Summit on Wednesday.

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Salazar: U.S. 'Energy Plan' Working; Independence in Sight

The United States has an ad hoc national energy plan that is working well, driving the nation closer to energy independence, and a key reason for the success is that there is a lot more regulatory certainty, relative to other parts of the world, former U.S. Interior Secretary Ken Salazar told an energy forum in Denver on Wednesday. Read More