The Environmental Defense Fund (EDF) has allowed itself “to be co-opted by industry interests on the issue of hydraulic fracturing [fracking] for shale gas,” and does not speak for local communities on the issue, representatives of 67 grassroots organizations said Wednesday.
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CFTC’s Chilton Sends Transaction Fee Proposal to OMB
In a letter to the Office of Management and Budget (OMB), Commodity Futures Trading Commissioner Bart Chilton Wednesday proposed that the agency be allowed to impose a targeted fee on transactions in the derivatives markets.
Proposed Alaska Fracking Rules Too Strict, Industry Says
The Alaska Oil and Gas Conservation Commission (AOGCC) is weighing stricter regulations for hydraulic fracturing (fracking) that, among other things, would require expanded notification of landowners before fracking begins and disclosure of chemicals used in frack fluids.
BP May Bid in Central GOM Lease Sale
Even though it was suspended from obtaining new federal contracts, BP plc will be allowed to bid in the Gulf of Mexico (GOM) Central Lease Sale 227 on Wednesday (March 20), the Department of Interior said.
Pennsylvania Governor Recommends Pipeline Policy Changes
The administration of Pennsylvania Gov. Tom Corbett says new natural gas pipelines should be allowed to share rights-of-way (ROW) with roadways, one of 16 policy recommendations made to fulfill a requirement of the state’s new omnibus Marcellus Shale law, Act 13.
Magnum Hunter Buying 51,500 Appalachian Acres
Magnum Hunter Resources Corp. unit Triad Hunter LLC has agreed to buy all of privately-held Viking International Resources Co. Inc. (Virco) for $106.7 million, picking up 51,500 net Appalachian Basin mineral acres in West Virginia and Ohio.
Pittsburgh to File Brief, Back Act 13 Opponents in Court
Fresh from being told that portions of its drilling ordinance are incompatible with Act 13, the state’s new omnibus Marcellus Shale law, the city of Pittsburgh plans to support the law’s opponents in court and file an amicus curiae brief.
U.S. LNG Exports Seen as High as 5.4 Bcf/d in 2020
Bentek Energy LLC said in a new research note that exports of liquefied natural gas (LNG) from the United States will be allowed and could reach as high as 5.4 Bcf/d by 2020, and another 1.4 Bcf/d could be exported from Canada.
U.S. LNG Exports Seen as High as 5.4 Bcf/d in 2020
Bentek Energy LLC said in a new research note that exports of liquefied natural gas (LNG) from the United States will be allowed and could reach as high as 5.4 Bcf/d by 2020, and another 1.4 Bcf/d could be exported from Canada.
Transportation Notes
Northern Natural Gas allowed a System Overrun Limitation for all zones to expire Saturday.