The Bureau of Land Management’s (BLM) permitting and leasing policies for oil and natural gas operators came under microscopic review last Tuesday by lawmakers on a House Natural Resources subcommittee.
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BLM Policies on Oil/Gas Permitting, Leasing Assailed
The Bureau of Land Management’s (BLM) permitting and leasing policies for oil and natural gas operators came under microscopic review Tuesday by lawmakers on the House Natural Resources subcommittee.
Federal Regulators Draw Flak on Cost-Benefit Issue
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 Draw Flak on Cost-Benefit Issue
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.
Mixed Price Movements Mostly Near Flat
In terms of volatility, the cash market came to a near-standstill Wednesday as gains and losses were approximately even and only a few locations ventured more than a nickel in either direction.
EPA Official: Range Investigation Inconclusive
Range Resources Corp. came away from its deposition last week of an Environmental Protection Agency (EPA) staffer — who investigated alleged contamination of North Texas water wells by the company — touting more than a dozen revelations that the company says support its claim of innocence.
All Points Up Strongly as Widespread Winter Storms Due
With North America girding once more to do battle with bone-chilling temperatures and plenty of icy precipitation, higher prices came as a surprise for no one Friday. Multi-dollar leaps reigned again in the Northeast, while the rest of the market saw gains ranging from about a nickel to nearly 30 cents. The smallest increases were concentrated in the Midcontinent and Rockies areas.
Futures Remain Above $4 Despite Record Storage Level
While Wednesday’s Energy Information Administration (EIA) report that 19 Bcf was injected into inventories for the week ending Nov. 5 came in below historical comparisons and most industry expectations, the injection did set a new all-time record for natural gas in storage at 3,840 Bcf, which the natural gas futures market took note of.
Cabot Disputes Marcellus Water Samples
Cabot Oil & Gas Corp. officials last week came out swinging against “facts and inferences made in wire and published reports,” which claim that several toxic chemicals recently had been found in water samples taken near the company’s natural gas drilling operations in the Dimock Township area in Susquehanna County, PA.
Cabot Disputes Marcellus Shale Water Sample Reports
Cabot Oil & Gas Corp. officials on Tuesday came out swinging against “facts and inferences made in wire and published reports,” which claim that several toxic chemicals recently had been found in water samples taken near the company’s natural gas drilling operations in the Dimock Township area in Susquehanna County, PA.