The Commodity Futures Trading Commission (CFTC) Tuesday approved a final rule that amends certain existing regulations to implement aspects of the Dodd-Frank Wall Street Reform Act. Specifically, the CFTC amended certain definitions and recordkeeping regulations so that they apply to both futures and over-the-counter swaps. As an example, futures commission merchants and introducing brokers now will be required to follow recordkeeping rules for swap transactions that are the same that they presently follow for futures transactions. The final rule is to become effective 60 days after publication in the Federal Register.
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Partners to Comb Medical Records for Marcellus Effects
Health care providers Guthrie Health and Geisinger Health System have formed a partnership to study the health impacts of Marcellus Shale gas drilling, saying it will be “the first large-scale, scientifically rigorous assessment of the health effects of” natural gas production.
TransCanada Ready to Start Gulf Coast Oil Pipeline
TransCanada Corp. received the last of three key permits needed for its 485-mile Gulf Coast Project, an oil pipeline from Cushing, OK, to Nederland, TX, that would help alleviate constraints at Cushing where oil from the burgeoning Bakken Shale has been piling.
Pennsylvania Court Ruling Backs Compressor Stations
An appellate court in Pennsylvania has ruled that compressor stations fit the legal definition of “gas production” and therefore can’t be banned by localities where other aspects of natural gas production are already permitted.
NatGas Is Rolling…In Chrysler, GM Pickups Fueled by ‘CNG in a Box’
The swing toward natural gas vehicles (NGV) took on aspects of a bandwagon last week as two major automakers paraded out new natural gas-powered pickup trucks, and GE and Chesapeake Energy Corp. heralded a new “CNG In A Box” fueling station.
NARUC Assesses Challenges to Mending Utility Infrastructure
The debate over U.S. infrastructure hit home for the utility sector Wednesday in Los Angeles where a meeting of the nation’s state regulators dissected various aspects of a national challenge that runs through energy, water and telecommunications utilities just as readily as through city/county governments and state capitals. Part of the construction push will be in the gas pipeline sector, including added capacity from the Rockies and other regions, speakers said.
U.S. Chamber Wants White House Energy Office
When he takes office in January, President-elect Obama should create an office within the executive office of the president to coordinate implementation of all aspects of energy policy, with the new office’s head sitting on both the National Economic Council (NEC) and the National Security Council (NSC), according to an energy plan proposed last week by the U.S. Chamber of Commerce.
U.S. Chamber Wants White House Energy Office
When he takes office in January, President-elect Obama should create an office within the executive office of the president to coordinate implementation of all aspects of energy policy, with the new office’s head sitting on both the National Economic Council (NEC) and the National Security Council (NSC), according to an energy plan proposed Monday by the U.S. Chamber of Commerce.
Oregon Gov. Repeats Position on LNG Plant Development
As local and state agencies weigh various aspects of pending proposals to develop liquefied natural gas (LNG) receiving terminals in Oregon, Gov. Ted Kulongoski’s administration reiterated the governor’s position in November for various state agency heads.
Oregon Governor Reiterates Position on LNG Plant Development
As local and state agencies weigh various aspects of pending proposals to develop liquefied natural gas (LNG) receiving terminals in Oregon, Gov. Ted Kulongoski’s administration reiterated the governor’s position last month for various state agency heads.