During oral arguments Thursday, two out of three appellate court judges appeared to challenge FERC’s claim of authority to prosecute alleged manipulation in the natural gas futures market.
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Appeals Judges Quiz FERC on Futures Market Authority
During oral arguments last Thursday, two out of three appellate court judges appeared to challenge FERC’s claim of authority to prosecute alleged manipulation in the natural gas futures market.
Canada Looking to BC Shale Drilling for LNG Exports
Canadian political leaders are refusing to let project delays and shaky markets lower high expectations for rapid development of liquefied natural gas (LNG) exports from shale drilling in northern British Columbia (BC).
Court Ruling Prompts Norse Energy to File Chapter 11
Norse Energy Corp. USA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.
Utility Request to Raise Transco Rates Rejected
A FERC judge has rejected a joint challenge of two utilities to Transcontinental Gas Pipe Line’s proposed incremental rates for services on its SunBelt, Pocono, Sundance, Momentum and Potomac expansions.
ALJ Rejects Utility Request to Raise Transco Expansion Rates
A FERC judge has rejected a joint challenge of two utilities to Transcontinental Gas Pipe Line’s proposed incremental rates for services on its SunBelt, Pocono, Sundance, Momentum and Potomac expansions.
Pennsylvania DEP Secretary Blasts Lawmaker Over Water Testing Allegations
Pennsylvania Department of Environmental Protection (DEP) Secretary Michael Krancer took aim at a state lawmaker for accusing his agency of wrongdoing when it tested water supplies allegedly tainted by natural gas drilling.
IPAA Creates Task Force to Challenge Endangered Species Listings
Following President Obama’s re-election to a second term, the Independent Petroleum Association of America (IPAA) has formed a task force to challenge in court federal regulations issued by the government over the next four years that may affect oil and natural gas.
North America Unconventional Oil Supplies Surpass Estimates, Says IEA
A monumental shift in global oil demand and supply growth — with North America’s surging supplies exceeding earlier expectations — is redefining the industry and should transform international trade over the next five years, the International Energy Agency (IEA) said Friday.
Washington Post Editorial Supports Fracking in New York State
Last month Department of Environmental Conservation (DEC) Commissioner Joseph Martens said he anticipated an eventual legal challenge to any rules the agency creates for regulating HVHF in the state, and he asked Health Commissioner Nirav Shah to conduct a health impact analysis of the practice (see Shale Daily, Sept. 24). The newspaper said it agreed with the observation by DEC officials and drilling supporters: that Martens’ decision would probably cause enough of a delay to require an additional public comment period (see Shale Daily, Oct. 4; Oct. 2).