Attempt

An attempt by Williams late last month to snatch Southern Union Co. has forced Energy Transfer Equity LP (ETE) to strike back with a sweetened offer of $40/share.

The New York Assembly has overwhelmingly approved legislation to limit hydraulic fracturing (fracking) in the state’s portion of the Marcellus Shale, but whether the latest attempt to limit drilling will be approved in the state Senate remained a question on Tuesday.

As natural gas pipelines serving traditional long-line routes to market in North America have begun filing for new rate hikes in an attempt to make up for the load lost to locally delivered shale gas, fundamental market changes associated with the rate increases could affect basis differentials going forward, according to a new report from Evergreen, CO-based Bentek Energy.

As natural gas pipelines serving traditional long-line routes to market in North America have begun filing for new rate hikes in an attempt to make up for the load lost to locally delivered shale gas, fundamental market changes associated with the rate increases could affect basis differentials going forward, according to a new report from Evergreen, CO-based Bentek Energy.

As natural gas pipelines serving traditional long-line routes to market in North America have begun filing for new rate hikes in an attempt to make up for the load lost to locally delivered shale gas, fundamental market changes associated with the rate increases could affect basis differentials going forward, according to a new report from Evergreen, CO-based Bentek Energy.

June futures made an initial attempt to rally Tuesday, but market technicians observed that the market failed to breach important resistance areas and prices settled slightly lower. At the close of trading June had eased 0.1 cent to $4.345 and July had shed 0.2 cent to $4.391. July crude oil surged $1.89 to $99.59/bbl.

Natural gas pipelines serving traditional long-line routes to market have begun filing for new rate hikes of up to 500% in an attempt to make up for the load lost to locally delivered shale gas, Dena Wiggins, counsel to the Process Gas Consumers Group (PGC), told a membership meeting Thursday.

Natural gas pipelines serving traditional long-line routes to market have begun filing for new rate hikes of up to 500% in an attempt to make up for the load lost to locally delivered shale gas, Dena Wiggins, counsel to the Process Gas Consumers Group (PGC), told a membership meeting Thursday.

Sen. Lisa Murkowski, the outspoken Republican from Alaska, called on Congress to “recognize ‘use it or lose it’ [legislation] for what it is — it is an attempt to extract more money from the companies, not to extract more energy from the ground.”