Alter

Extreme volatility in weather or an active hurricane season could alter their fundamentally bullish outlook, but Raymond James & Associates analysts said Monday that tightening supply and demand fundamentals should yield a more bullish summer-ending storage scenario at around 3,100 Bcf, with higher sustainable prices through this year and into 2008.

A bill proposing to significantly alter the make-up of a Colorado commission that manages oil and natural gas operations, as well as to redefine the term “waste,” cleared the state House Friday. A spokesman for the Colorado Oil and Gas Association (COGA) called it “one of the more dramatic pieces of legislation” that the energy industry is facing nationwide.

A bill proposing to significantly alter the make-up of a Colorado commission that manages oil and natural gas operations, as well as to redefine the term “waste,” cleared the state House Friday. A spokesman for the Colorado Oil and Gas Association (COGA) called it “one of the more dramatic pieces of legislation” that the energy industry is facing nationwide.

Oil and gas industry representatives are concerned that problems with the Coastal Zone Management Act (CZMA) are not being fixed by Congress despite the current opportunity to do so with the required reauthorization of CZMA and the urgent pleas by industry and the Bush administration that changes must be made to remove a substantial impediment to the nation’s energy supply.

Oil and gas industry representatives are concerned that problems with the Coastal Zone Management Act (CZMA) are not being fixed by Congress despite the current opportunity to do so with the required reauthorization of CZMA and the urgent pleas by industry and the Bush administration that changes must be made to remove a substantial impediment to the nation’s energy supply.

Sen. Fred Thompson (R-TN) has introduced legislation that wouldrequire pipelines seeking to seize private property for projects topersonally notify affected landowners by certified mail of theirintention at the outset of FERC proceedings, giving them theopportunity to “participate meaningfully” in the process.