Only a couple of points saw losses Tuesday as the cash market continued a broad overall advance. Cold to chilly forecasts for Wednesday — with freezing lows due in some locations — stretched from Western Canada and much of the western U.S. through the Plains and Midwest into the Northeast. Cash got an extra boost from Monday’s May futures increase of 6.7 cents, and there likely was a small amount of run-up in cooling load in the South, where highs from the mid 70s to mid 80s were predicted for much of the region.
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President Launches Broad Review of Hydraulic Fracturing
With natural gas now front and center on President Obama’s energy agenda (see Shale Daily, March 31), his administration has called for a broad-based panel to be formed to examine potential risks associated with hydraulic fracturing (fracking).
New Cold Snap Rallies Nearly All Points
With low temperatures around freezing or less due Tuesday across a broad swath of territory stretching from the Northeast through parts of the Midwest, Midcontinent and Upper Plains into the Rockies and including much of Canada, prices recorded gains that were mostly in single digits at a large majority of points Monday.
Senate Bill Seeks to Strip EPA of GHG Regulatory Authority
Sen. John Barrasso (R-WY) Monday introduced broad legislation that seeks to block the Obama administration’s regulation of greenhouse gas (GHG) emissions from stationary sources without specific authorization from Congress.
Coalition Urges CFTC to Narrowly Tailor Reform Rules
A broad coalition of industry, trade and consumer advocacy groups has called on the Commodity Futures Trading Commission (CFTC) to narrowly interpret the sweeping Wall Street Reform Act when proposing and implementing rules.
Coalition Urges CFTC to Narrowly Tailor Reform Rules
A broad coalition of industry, trade and consumer advocacy groups has called on the Commodity Futures Trading Commission (CFTC) to narrowly interpret the sweeping Wall Street Reform Act when proposing and implementing rules.
Shale Gas Changing Energy Outlook, Says FERC Commissioner
Shale gas is a major revolution with broad implications for the nation’s energy picture, according to FERC Commissioner Marc Spitzer and several other speakers Monday at a Law Seminars International’s “Energy in California” conference in San Francisco.
Senate Zeros in on ‘Narrower’ Energy Bill Before Recess
Senate Majority Leader Harry Reid (D-NV) last Thursday scrapped plans to move forward with a broad-based climate and energy bill, but said he planned to bring to the floor a “narrower bill,” minus the controversial cap-and-trade element, before the Aug. 6 recess.
Senate Zeros in on ‘Narrower’ Energy Bill Before Recess
Senate Democrats are scrapping their plans to move forward with a broad-based energy bill before the start of the August recess, an industry spokesman said.
Senate Nears Final Vote on Sweeping Financial Regulatory Reform
The Senate voted cloture Thursday, nearing the finish of its weeks-long debate on broad legislation overhauling the nation’s financial regulatory system. It was expected to hold a final vote on the bill itself as early as Thursday night or Friday.