2003

On the grounds of First Amendment rights and charging that the information sought is “overly broad” and “confidential,” McGraw-Hill filed a motion with the U.S. District Court for the Northern District of California that seeks to quash subpoenas for natural gas price data supplied to the publisher by the Williams Cos.’ energy trading unit.

To ensure its longevity and encourage more exploration, a commercial discovery offshore Nova Scotia needs to happen soon, Shell Canada’s CEO said on Thursday.

On the grounds of First Amendment rights and charging that the information sought is “overly broad” and “confidential,” McGraw-Hill filed a motion with the United States District Court for the Northern District of California that seeks to quash subpoenas for natural gas price data supplied to the publisher by the Williams Cos.’ energy trading unit.

American Electric Power (AEP) said last week that it has been cooperating with investigations by the Commodity Futures Trading Commission (CFTC) and was “surprised” to learn the CFTC had filed a $300 million civil lawsuit against it and its subsidiary AEP Energy Services, Inc. (AEPES) for false reporting of natural gas trades to index publishers.

The impact of Alberta’s crude bitumen conservation policy on natural gas production and the gas companies operating in the shut-in area has been minimal, said Lehman Brothers analysts Thomas Driscoll and Phillip Skolnick. Only about 95 MMcf/d out of a possible 232 MMcf/d of Alberta gas production has been shut in on an interim basis as a result of the policy handed down this summer by the Alberta Energy and Utilities Board (EUB).

The impact of Alberta’s crude bitumen conservation policy on natural gas production and the gas companies operating in the shut-in area has been minimal, said Lehman Brothers analysts Thomas Driscoll and Phillip Skolnick. Only about 95 MMcf/d out of a possible 232 MMcf/d of Alberta gas production has been shut in on an interim basis as a result of the policy handed down this summer by the Alberta Energy and Utilities Board (EUB).

A subsidized natural gas pipeline from Alaska would be practically a cost/benefit wash for U.S. consumer/taxpayers, but would cost lower 48 producers $60 billion, according to analysis of pending energy legislation by the Energy Department. Meanwhile, industrial consumers last week charged that the bill completely misses the point of how to serve the nation’s need for natural gas.

American Electric Power (AEP) said Wednesday that it has been cooperating with investigations of the Commodity Futures Trading Commission (CFTC) and was “surprised” to learn the CFTC had filed a $300 million civil lawsuit against it and its subsidiary AEP Energy Services, Inc. (AEPES) for false reporting of natural gas trades to index publishers.

House-Senate Republican negotiators championed more deep-water natural gas production in the Gulf of Mexico, faster permitting for producers, an inventory of Outer Continental Shelf (OCS) oil and gas resources, accelerated development of gas pipeline and liquefied natural gas (LNG) facilities and construction of an Alaska pipeline in “discussion drafts” of comprehensive energy legislation released last week. They also called for the Arctic National Wildlife Refuge (ANWR) to be opened to oil and gas drilling.