President Bush is expected to sign a $630 billion continuing resolution that allows a decades-old moratorium on offshore oil and natural gas drilling, as well as a prohibition on oil shale development in the Intermountain West that is set to expire Tuesday at midnight.
Allows
Articles from Allows
Bans on Offshore and Oil Shale Drilling Set to Expire
The House last week passed by a wide margin a continuing resolution that allows the 27-year-old congressional moratorium on offshore oil and natural gas drilling, as well as a ban on oil shale exploration in the Intermountain West, to expire Tuesday. House Democrats, who waged a lengthy battle against offshore drilling, conceded that the odds of renewing the ban over the opposition of the White House were slim this year. The Senate was expected to follow suit and pass the CR over the weekend.
Senate Votes to Let Offshore Drilling Ban Expire
The House Wednesday passed by a wide margin a continuing resolution that allows the 27-year-old congressional moratorium on offshore oil and natural gas drilling to expire in less than a week. House Democrats, whose mostly formed a united front against offshore drilling, fractured in recent weeks, conceded that the odds of renewing the ban over the opposition of the White House were slim this year.
Wyoming Governor to Support BLM’s Pinedale Anticline Plan
Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.
Wyoming Governor to Support BLM’s Pinedale Anticline Plan
Wyoming Gov. Dave Freudenthal has changed course and put his support behind a federal plan to manage oil and natural gas development on the Pinedale Anticline, which allows, among other things, up to 4,000 new wells to be drilled.
FERC Rejects Rehearing Plea on Pipe Proxy Groups
FERC has rejected a request by the American Public Gas Association (APGA) to rehear or reconsider a policy statement that allows oil and natural gas pipelines to use master limited partnerships (MLP) in proxy groups to determine their returns on equity (ROE) for ratemaking purposes.
FERC Rejects Rehearing Plea on Pipe Proxy Groups
FERC Friday rejected a request by the American Public Gas Association (APGA) to rehear or reconsider a policy statement that allows oil and natural gas pipelines to use master limited partnerships (MLP) in proxy groups to determine their returns on equity (ROE) for ratemaking purposes.
Ohio Regulators Approve Duke Distribution Rate Case
The Public Utilities Commission of Ohio (PUCO) has adopted a stipulation that allows Duke Energy Ohio (DEO) to increase the rates it charges for natural gas distribution service. It is DEO’s first distribution rate increase since 2001.
Ohio Regulators Approve Duke Distribution Rate Case
The Public Utilities Commission of Ohio (PUCO) has adopted a stipulation that allows Duke Energy Ohio (DEO) to increase the rates it charges for natural gas distribution service. It is DEO’s first distribution rate increase since 2001.
Gas Pipes Score Big in FERC Ruling on MLPs in Proxy Groups
In a major win for interstate pipelines, FERC last Thursday adopted a policy statement that allows the use of master limited partnerships (MLPs) in proxy groups to determine oil and natural gas pipelines’ returns on equity (ROE) for ratemaking purposes. The new policy responds to the decline in publicly traded companies with substantial pipeline assets and the rise in MLPs in the pipe sector.