The recent attack on key oil infrastructure in Saudi Arabia demonstrated the muscle of North American oil and natural gas production, but it again tested the notion of energy independence and enduring exposure to global energy markets.
Attack
Articles from Attack
Warm Trends Push Natural Gas Futures Higher Early; Crude Spikes After Attack on Saudi Oil
Notable warm trends from weather guidance over the weekend helped push natural gas futures prices several cents higher in early trading Monday. The October Nymex contract was up 6.6 cents to $2.680/MMBtu shortly after 8:30 a.m. ET.
Southern Natural Seeks to Postpone Rate Case
A petition by Southern Natural Gas (SNG) pipeline to amend a stipulation and agreement requiring it to file a new rate case by the end of February has come under attack at FERC.
Groups Attack Gas Pipe Projects in Courts, at FERC
Natural gas pipeline expansion projects came under attack last week in the courts and at FERC, including a New Jersey group of pipeline opponents that petitioned a federal appeals court in Washington, DC, to review Commission orders with respect to Spectra Energy’s New Jersey-New York Expansion. Tennessee Gas Pipeline and Transcontinental Gas Pipe Line (Transco) projects were the favorite target of environmentalists as well.
Western GOM Draws $157M in Lease Bids
A total of $157.7 million was bid last Wednesday in Western Gulf of Mexico (GOM) Lease Sale 229 in New Orleans, the first sale under the Obama administration’s new Outer Continental Shelf (OCS) leasing plan for 2012-2017. BP plc, which was temporarily suspended last week from new government contracts, submitted no bids (see related story).
House Lawmaker Slams BLM Oil Shale Proposal
The latest Interior Department Bureau of Land Management (BLM) proposed plan on oil shale and oil sands leasing on western lands has come under attack from the chairman of a prominent House energy subcommittee.
Spectra’s NJ-NY Expansion Tracking Late ’13 Start-Up
Spectra Energy’s long-under-attack New Jersey-New York Expansion early last week received unanimous approval from FERC, which means firm natural gas transportation service into Manhattan could be operational sometime during the fourth quarter of 2013.
Marcellus-to-New York Pipeline Under Attack at FERC
The proposed Constitution Pipeline has come under attack at FERC from all directions, as landowners and federal officials call on the agency to consider alternatives and put the Marcellus-to-New York natural gas pipeline through a rigorous analysis.
MSC Compels Anti-Drilling Website to Remove Similar Logo
A kerfuffle between the Marcellus Shale Coalition (MSC) and an anti-drilling group over copyright infringement has resulted in the latter removing from its website a logo similar to the one used by the MSC.
Fracking Opposition Carries Message to Washington
Protesters aiming to “Stop the Frack Attack” were planning to hold a three-day meeting in the nation’s capital at the end of this week for obstructionist training sessions and lobbying of Congress, to be followed by a Saturday afternoon demonstration on the West Lawn of the Capitol.