Associations

Shortly after Idaho local government and oil/gas associations agreed on a proposed state law to cover regulation of the state’s fledgling natural gas exploration and production (E&P) sector, a conservation group raised concerns about local authorities ceding their authority to the state.

In mid-October North Dakota likely exceeded last year’s record-setting oil and gas production, according to state and industry officials who were quoted in a pre-Thanksgiving report out of Bismarck, ND, by the Associated Press. Separately, other local news reports Sunday depicted state officials as worried about proposed federal rules for hydraulic fracturing (fracking), but they told NGI’s Shale Daily the reports were exaggerated.

The leaders of the four major natural gas associations Friday called on Sen. Jeff Bingaman (D-NM), chairman of the Senate Energy and Natural Resources Committee, to include natural gas in any clean energy standard (CES) proposed by Congress.

The leaders of the four major natural gas associations Friday called on Sen. Jeff Bingaman (D-NM), chairman of the Senate Energy and Natural Resources Committee, to include natural gas in any clean energy standard (CES) proposed by Congress.

The Natural Gas Council (NGC), which includes the major gas associations in Washington, DC, last Wednesday said it opposed Democratic legislation that would strip FERC of its existing authority to review, approve and site liquefied natural gas (LNG) import terminals.

The Natural Gas Council (NGC), which includes the major gas associations in Washington, DC, Wednesday said it opposed Democratic legislation that would strip FERC of its existing authority to review, approve and site liquefied natural gas (LNG) import terminals.

The Natural Gas Council (NGC), which includes the major gas associations in Washington, DC, Wednesday said it opposed Democratic legislation that would strip FERC of its existing authority to review, approve and site liquefied natural gas (LNG) import terminals.

Three associations representing electric and natural gas utilities and power providers have called on Congress to exempt end-users from having to clear over-the-counter (OTC) derivative transactions that are used to hedge against commodity price risk. While supporting the clearing of derivative transactions involving large dealers in OTC legislation being considered by Congress, they said they opposed any mandate requiring “all or most” OTC derivative transactions to be centrally cleared or traded on regulated exchanges, saying this ultimately would increase prices to retail gas and electric customers.

Three associations representing electric and natural gas utilities and power providers have called on Congress to exempt end-users from having to clear and trade on regulated exchanges over-the-counter (OTC) derivative transactions that are used to hedge against commodity price risk. While supporting the clearing of derivative transactions involving large dealers in OTC legislation being considered by Congress, they said they opposed any mandate requiring “all or most” OTC derivative transactions to be centrally cleared or traded on regulated exchanges, saying this ultimately would increase prices to retail gas and electric customers.