Boon

Limits on power generator greenhouse gas (GHG) emissions will be a boon to the natural gas industry while domestic productive capacity and access to global supply are poised to climb. Producers will need to remember that “price matters,” and regulators should ensure that their initiatives do not contradict each other, a Rice University Baker Institute fellow warned.

Limits on power generator greenhouse gas (GHG) emissions will be a boon to the natural gas industry while domestic productive capacity and access to global supply are poised to climb. Producers will need to remember that “price matters,” and regulators should ensure that their initiatives do not contradict each other, a Rice University Baker Institute fellow warned.

The House last Thursday passed by a wide margin energy legislation (HR 6) that is a major blow to traditional oil and natural gas producers, but a significant boon to makers of renewable and alternative energy fuels. A key Senate energy panel, meanwhile, took its first look at problems with the royalty-collection practices in the Gulf of Mexico.

The House Thursday passed by a wide margin energy legislation (HR 6) that is a major blow to traditional oil and natural gas producers, but a significant boon to makers of renewable and alternative energy fuels. A key Senate energy panel, meanwhile, took its first look at problems with the royalty-collection practices in the Gulf of Mexico.

The growing influx of liquefied natural gas (LNG) imports into the Gulf Coast will be a boon for interstate and intrastate natural gas pipelines, but it could take a toll on gas processors in the region, according to a report issued by investment banker Harris Nesbitt.

While the recent surge in natural gas prices has found more than one energy company on the wrong side of a trading position, a top executive with American Electric Power (AEP) told financial professionals last Wednesday that his company stands to gain from the run up.

In what state officials say would be a boon to the oil and gasindustry in Oklahoma, oil and gas drillers are expected to add totheir tax exemptions for certain types of activities underlegislation now awaiting Gov. Frank Keating’s signature. As ofFriday afternoon, Keating had taken no action on the bill, but hehas until June 10 to sign or veto it.

In what state officials say would be a boon to the oil and gasindustry in Oklahoma, oil and gas drillers are expected to add totheir tax exemptions for certain types of activities underlegislation now awaiting Gov. Frank Keating’s signature.

Atlanta Gas Light, the distribution utility for more than 1.5million customers in Georgia, said last week that through a ratecase settlement with Southern Natural Gas Pipeline (Sonat) and anew agreement with Transco’s SouthCoast project, its customersstand to save anywhere from $10 million to $32 million annually.