Attack

The Obama administration’s five-year (2012-2017) plan for oil and natural gas leasing in the Outer Continental Shelf came under heavy attack last Wednesday from Republican members of the House Natural Resources Committee, who claimed that it reinstated the ban on shelf drilling that was lifted in 2008. The head of Interior’s Bureau of Ocean Energy Management (BOEM) defended the proposed plan, saying it focuses on offshore areas where oil and gas deposits are known to be the richest and also are verifiable by reliable seismic data.

The Obama administration’s five-year (2012-2017) plan for oil and natural gas leasing in the Outer Continental Shelf came under heavy attack Wednesday from Republican members of the House Natural Resources Committee, who claimed that it reinstated the ban on shelf drilling that had been lifted in 2008. The head of Interior’s Bureau of Ocean Energy Management (BOEM) defended the proposed plan, saying it focuses on offshore areas where oil and gas deposits are known to be the richest and also are verifiable by reliable seismic data.

Long under attack from New Jersey and environmental officials, Spectra Energy got good news Friday when the proposed expansion of its affiliate Texas Eastern Transmission and Algonquin Gas Transmission pipelines received a favorable final environmental impact statement (FEIS) at FERC, which put it one step away from receiving a certificate.

Long under attack from New Jersey and environmental officials, Spectra Energy got good news Friday. The proposed expansion of its affiliate Texas Eastern Transmission and Algonquin Gas Transmission pipelines to deliver an additional 800,000 Dth/d into the New York City area received a favorable final environmental impact statement (FEIS) at FERC, which puts it one step away from receiving a certificate.

A proposal by NiSource subsidiary Energy Interchange to provide hub and storage services in Louisiana and Mississippi has come under sharp attack from shippers on affiliate Columbia Gulf Transmission.

Federal regulators came under attack on Capitol Hill last Thursday for allegedly not carrying out extensive cost-benefit analyses of the rules that they are proposing to implement under the Dodd-Frank Wall Street Reform Act.

Federal regulators came under attack on Capitol Hill Thursday for allegedly not carrying out comprehensive cost-benefit analyses of the financial regulatory reforms that they are proposing to implement under the Dodd-Frank Wall Street Reform Act.

The attack of very cold weather that gave a strong price-boosting start to the cash market as the week began lost quite a bit of its bullish influence Tuesday. Even the previous day’s prompt-month futures gain of 13.9 cents and the lingering effect of widespread freezing lows were unable to keep cash numbers from mixed movement and staying close to either side of flat.

The national security team of the Royal Canadian Mounted Police (RCMP) Thursday was investigating another possible attack on an EnCana Corp. natural gas pipeline in northern British Columbia.