With the increasing attractiveness of natural gas as an alternative transportation fuel, MDU Resources’ Boise, ID-based Intermountain Gas Corp. has asked state regulators to clarify their jurisdiction regarding the sale of gas supplies to third-party nonutility resellers of the fuel. Various suppliers of gas for transportation have approached Intermountain of late.
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FERC, Interior Clarify Energy Project Responsibilities on OCS
Secretary of the Interior Ken Salazar and FERC Chairman Jon Wellinghoff Thursday signed a memorandum of understanding (MOU) to clarify jurisdictional responsibilities for leasing and licensing renewable energy projects on the Outer Continental Shelf OCS). The MOU clears the way for developing wind, solar, wave, tidal and ocean current energy sources.
FERC, Interior Clarify Energy Project Responsibilities on OCS
Secretary of the Interior Ken Salazar and FERC Chairman Jon Wellinghoff Thursday signed a memorandum of understanding (MOU) to clarify jurisdictional responsibilities for leasing and licensing renewable energy projects on the Outer Continental Shelf OCS). The MOU clears the way for developing wind, solar, wave, tidal and ocean current energy sources.
FERC Clarifies Policy on Reasserting Jurisdiction Over Gathering
In an attempt to clarify its muddled policy on gathering, FERC last Thursday issued a policy statement that identifies the type of potentially abusive practices by offshore gathering affiliates that would frustrate the agency’s regulation of interstate natural gas pipelines enough to justify reassertion of jurisdiction over exempt gathering.
FERC Clarifies Policy on Reasserting Jurisdiction Over Gathering
In an attempt to clarify its muddled policy on gathering, FERC Thursday issued a policy statement that identifies the type of potentially abusive practices by gathering affiliates that would frustrate the agency’s regulation of interstate pipelines enough to justify reassertion of jurisdiction over exempt gathering.
Alaska Producer Agreement Still Under Wraps
A meeting is scheduled for Tuesday to clarify a state superior court judge’s order that an agreement between Alaska Gov. Frank Murkowski and major oil companies active in the state be released to the public.
Industry Briefs
Marathon Oil Corp. issued a statement on Friday to clarify comments made by CEO Clarence P. Cazalot last week regarding its position on whether it is soliciting or is interested in offers to purchase the company. At a media roundtable on April 7 with 11 journalists Cazalot was asked whether the company was a takeover target. His response was that Marathon is “for sale every day on the New York Stock Exchange. To the extent that someone wants to offer a premium, the board would consider it.” Some news reports following the roundtable indicated the company was actively soliciting offers. “Marathon remains convinced that its strategy to remain a fully-integrated company presents the greatest value to its shareholders,” the company said in its statement.
MA Lawmaker At Forefront of Effort to Blunt LNG Provision in Omnibus Spending Bill
Rep. Barney Frank (D-MA) is at the forefront of an effort with other coastal state lawmakers to clarify that language contained in the omnibus spending bill conference report should not be used to bolster FERC’s claim of exclusive jurisdiction over the siting of liquefied natural gas (LNG) import terminals.
MA Lawmaker At Forefront of Effort to Blunt LNG Provision in Omnibus Spending Bill
Rep. Barney Frank (D-MA) is at the forefront of an effort with other coastal state lawmakers to clarify that language contained in the omnibus spending bill conference report should not be used to bolster FERC’s claim of exclusive jurisdiction over the siting of liquefied natural gas (LNG) import terminals.
Western Utilities, Attorneys General Seek FERC Ruling on Enron Termination Payments
FERC should clarify a recent order in which it ordered Enron to forfeit $32.5 million in unjust profits by confirming that it didn’t intend to exclude from the scope of the proceeding Enron contracts that were executed from Jan. 16, 1997 to June 25, 2003 and under which Enron “continues to demand, but has not yet collected, unjust profits in the form of termination payments,” a collection of western-based electric utilities, state attorney generals and utility regulators said on Wednesday.