Exports of liquefied U.S. natural gas would be a boon to the country’s economy, its trade balance and its relations with friends and enemies alike, as long as the price is right (and markets will take care of that part), a U.S. House subcommittee was told by a quintet of witnesses on Thursday.
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Pennsylvania Appellate Court Sides with Newspapers
An appellate court in Pennsylvania on Friday ordered a lower court to reconsider a request by two newspapers to have court records in a water contamination case unsealed.
Natural Gas, Coal Prices ‘Joined at the Hip’
Pundits and analysts alike watching the developments among domestic fossil fuels in the United States have never been busier. New data and extrapolations pop up almost daily, contributing to what is becoming a rich stew of trends and counter-trends. Last week was no exception, with a “comeback” for coal in the power generation space being forecast as coming perhaps as early as next year, and the head of one of the nation’s largest fleets of gas-fired generation plants predicting coal-fired generation plant retirements will accelerate, not recede.
Growing Uncertainty Clouds California Nuclear Plant
While the state has a mandate to have one-third of its electricity come from renewable energy resources by 2020, energy planners and providers alike are hoping milder weather prevails this summer in the face of prospects for perhaps a permanent shut down of one of the state’s two major nuclear generating plants.
Pipeline Safety Bill Passes Congress, Heads to White House
A sweeping pipeline safety bill backed by industry and safety advocates alike passed both houses of Congress last week and will be sent to President Obama, who is expected to sign the bill into law before the end of the year.
Pipeline Safety Bill Passes U.S. House, Advances to Senate
A sweeping pipeline safety bill backed by industry and safety advocates alike passed the U.S. House of Representatives with bipartisan support on Monday and now moves on to the Senate.
Critics Hit Shrinkage of New York’s Permitting Staff
The former chief of the New York Department of Conservation (DEC), whose ouster in October was criticized by producers and environmental groups alike, told state lawmakers last week that massive cutbacks in commission staff have become a “shell game” that didn’t take into account the consequences for stakeholders.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) last Tuesday accepted a staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) Tuesday accepted staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.
CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation
The Commodity Futures Trading Commission (CFTC) Tuesday accepted staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.