Assertion

Letter, Statements Show Complexity of Fracking Debate in NY

The oil and natural gas industry in New York State is “imperiled” and “in crisis” because of the ongoing delay over whether to allow hydraulic fracturing (fracking) in the state, according to a letter sent Monday to Gov. Andrew Cuomo by the Independent Oil & Gas Association of New York (IOGA).

April 24, 2013

California Natural Gas Outlook Essentially Flat

The power generation and transportation fuel sectors may see substantial gains in natural gas use, but California’s overall natural gas demand is expected to stay essentially flat in the next two decades, according to two recent companion gas reports released by the California Energy Commission (CEC).

June 11, 2012

BP Chief’s Comments a ‘Disservice’ to Industry, Says Tillerson

ExxonMobil Corp.’s top gun on Wednesday took a shot at BP plc CEO Bob Dudley’s assertion that the Macondo well blowout in the Gulf of Mexico last April resulted from industry-wide safety lapses.

March 14, 2011

BP Chief’s Comments a ‘Disservice’ to Industry, Says Tillerson

ExxonMobil Corp.’s top gun on Wednesday took a shot at BP plc CEO Bob Dudley’s assertion that the Macondo well blowout in the Gulf of Mexico last April resulted from industry-wide safety lapses.

March 11, 2011

Amaranth to Appeal Decision on FERC’s Role in Gas Futures Market

Failed hedge fund Amaranth Advisors LLC says it plans to appeal later this week FERC’s recent decision upholding its assertion of jurisdiction in the natural gas futures market. At the same time, Amaranth and affiliates have asked the Federal Energy Regulatory Commission (FERC) to stay the enforcement proceedings at the agency pending the court’s review of the jurisdictional issue.

December 5, 2007

FERC, GAO ‘Generally Agree’ on LNG Fire Risk, Staffer Testifies

In testimony to a Congressional committee last Wednesday, a FERC staffer downplayed the assertion made in a recent General Accounting Office (GAO) report that there is disagreement among experts over the distance at which a fire from a liquefied natural gas (LNG) spill would pose a threat of burns.

March 26, 2007

FERC ‘Generally Agrees’ with GAO on LNG Fire Risk, Staffer Testifies

In testimony to a Congressional committee Wednesday, a FERC staffer downplayed the assertion made in a recent General Accounting Office (GAO) report that there is disagreement among experts over the distance at which a fire from a liquefied natural gas (LNG) spill would pose a threat of burns.

March 22, 2007

Documents Reveal Enron Pressured PaineWebber to Fire Broker

An assertion by a former UBS PaineWebber broker that he had been fired for advising clients to sell their Enron Corp. shares in August 2001 was verified Wednesday by Congressional investigators, who released a series of e-mail messages between the brokerage and the company. Broker Chung Wu, formerly in PaineWebber’s Houston office, said he suspected his dismissal followed pressure from Enron after he sent a message to clients early on Aug. 21 warning that Enron’s “financial situation is deteriorating” and that they should “take some money off the table.”

April 1, 2002

Lehman Sees Sharply Lower Demand, Cuts Price Forecast

Due to its assertion that natural gas demand has not rebounded with the arrival of lower prices and remains 8 Bcf/d less than year-ago levels, Lehman Brothers lowered its 2001 benchmark natural gas price forecast Tuesday for the second time in a month from $5.75 to $5.00/MMBtu.

April 9, 2001