Away

The official start of fall is still a couple of weeks away, but try proving that to a soft gas market. Prices dropped at nearly all points Tuesday as mild forecasts dominated the weather outlook and a 17.8-cent dive by futures on the previous Friday contributed further bearish pressure.

In attempting to chart an uneasy future away from coal-fired generation and toward more renewable resources, the nation’s largest municipal utility, the Los Angeles Department of Water and Power (LADWP), remains highly dependent on natural gas to fuel its power plants, LADWP officials told a citizens meeting last Thursday.

In attempting to chart an uneasy future away from coal-fired generation and toward more renewable resources, the nation’s largest municipal utility, the Los Angeles Department of Water and Power (LADWP), remains highly dependent on natural gas to fuel its power plants, LADWP officials told a citizens meeting last Thursday.

North America’s natural gas market is further away from converging with the rest of the world than it was five years ago, an energy analyst with Raymond James & Associates Inc. said last week.

North America’s natural gas market is further away from converging with the rest of the world than it was five years ago, an energy analyst with Raymond James & Associates Inc. said Monday.

Despite previous veto threats, Pennsylvania Gov. Tom Corbett said he would like to see some of the revenue generated from a proposed impact fee on Marcellus Shale development go toward capping thousands of abandoned wells in the state.

The Commodity Futures Trading Commission (CFTC) last week continued to plug away at final rules on the first anniversary of the Dodd-Frank Wall Street Reform Act being signed into law. The agency voted out three final rules aimed at reviewing swaps for mandatory clearing and removing all references to credit agencies in CFTC regulations. Chairman Gary Gensler also assured end-users, who use derivatives to legitimately hedge their commercial risks, that they will not be subject to capital margin requirements.

Resources exploration and production unit QEP Energy continues to turn away from its traditional area of activity in the Rocky Mountain region and focus more on the Midcontinent and a handful of shale plays.

QEP Resources exploration and production unit QEP Energy continues to turn away from its traditional area of activity in the Rocky Mountain region and focus more on the Midcontinent and a handful of shale plays.