Alter

The House Agriculture Committee last Wednesday approved by voice vote six bills that would slightly alter and clarify some controversial points in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The House Agriculture Committee Wednesday approved by voice vote six bills that would slightly alter and clarify some controversial points in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Chevron Corp. has no plans to alter its long-term strategy in the Gulf of Mexico (GOM), the company’s North American exploration and production chief said Friday.

While the impacts of shale gas and lower overall natural gas prices could eventually alter the status quo, gas storage in the West currently looks adequate, according to sources at Pacific Gas and Electric Co. (PG&E), a partner in the Gill Ranch near Fresno, CA, the region’s newest underground storage facility (see NGI, Oct. 11, 2010).

While the impacts of shale gas and lower overall natural gas prices could eventually alter the status quo, currently gas storage in the West looks adequate, according to sources at Pacific Gas and Electric Co. (PG&E), a partner in the region’s newest underground storage facility, Gill Ranch in Northern California (see Daily GPI, Oct. 5, 2010; Sept. 27, 2007).

Chesapeake Energy Corp. last week began to drastically alter its natural gas-weighted operations in a bid to raise up to $5 billion to repay up to $3.5 billion of senior debt and to increase its investment in liquids-rich plays by up to $1.5 billion.

Natural gas is clean and price-competitive with other fuels, and it’s abundance in the United States will alter geopolitics and can erode the influence of oil cartels. Additionally gas-fired power generation and gas-powered vehicles can complement renewable energy and clear the air. That’s the story the industry needs to tell to lawmakers and consumers, according to Brad Boister, Anadarko Energy Services Corp. vice president of gas marketing.

Natural gas is clean and price-competitive with other fuels, and it’s abundance in the United States will alter geopolitics and can erode the influence of oil cartels. Additionally gas-fired power generation and gas-powered vehicles can complement renewable energy and clear the air. That’s the story the industry needs to tell to lawmakers and consumers, according to Brad Boister, Anadarko Energy Services Corp. vice president of gas marketing.

The Senate Thursday voted out a $10-11 billion omnibus lands bill after deflecting several attempts by a leading Republican opponent to significantly alter the contentious legislation.