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There is “significant concern” among oil and gas interests that the Pennsylvania Supreme Court could deadlock in a 3-3 tie over the constitutionality of Act 13 because the high court’s newest appointee will not participate in the case challenging the law.

There is “significant concern” among oil and gas interests that the Pennsylvania Supreme Court could deadlock in a 3-3 tie over the constitutionality of Act 13 because the high court’s newest appointee will not participate in the case challenging the law.

Nearly every major natural gas play in the United States makes money at prices above $4.00/Mcf, and more important, can generate a “decent rate of return” at prices above $4.25, according to an analysis by Raymond James & Associates Inc.

A U.S. natural gas storage surplus of 463 Bcf on Feb. 15 had tumbled to a 32 Bcf deficit by May 24, a 495 Bcf decline that “ranks among the strongest we have seen, and oddly, the timing was in the late winter and early spring,” analysts at Stephen Smith Energy Associates said in their most recent Monthly Energy Outlook.

Representatives of the oil and natural gas industry were among those gathered at the White House last Thursday to discuss the impacts of Hurricane Sandy on energy interests last year and to brief President Obama on the outlook for the 2013 Atlantic hurricane season, which officially began Saturday (June 1) and continues to Nov. 30.

Representatives of the oil and natural gas industry were among those gathered at the White House Thursday to discuss the impacts of Hurricane Sandy on energy interests last year and to brief President Obama on the outlook for the 2013 Atlantic hurricane season, which officially runs June 1-Nov. 30.

While there continues to be uncertainty among more than a half-dozen proposed West Coast projects in British Columbia, the backers of two long-standing liquefied natural gas (LNG) export-import projects in Oregon told NGI Wednesday they are alive and well and several steps ahead of their competitors in western Canada.

Noting that he hopes to stir more activity among federal agencies, Wyoming Gov. Matt Mead on Monday unveiled a broad state energy strategy with 47 separate initiatives that over time he hopes to narrow in focus. The initiatives, many of which have existed in draft form for more than a year, make up what Mead called “a living document” that will change over time.

A settlement was announced Monday among federal authorities, the Sierra Club and Madison, WI-based Alliant Energy Corp.’s Wisconsin Power and Light (WPL) utility that eventually may result in replacing 270 MW of coal-fired electric generation with natural gas-fired units.