Congressional

FERC, GAO ‘Generally Agree’ on LNG Fire Risk, Staffer Testifies

In testimony to a Congressional committee last Wednesday, a FERC staffer downplayed the assertion made in a recent General Accounting Office (GAO) report that there is disagreement among experts over the distance at which a fire from a liquefied natural gas (LNG) spill would pose a threat of burns.

March 26, 2007

FERC ‘Generally Agrees’ with GAO on LNG Fire Risk, Staffer Testifies

In testimony to a Congressional committee Wednesday, a FERC staffer downplayed the assertion made in a recent General Accounting Office (GAO) report that there is disagreement among experts over the distance at which a fire from a liquefied natural gas (LNG) spill would pose a threat of burns.

March 22, 2007

Nymex Dashes for More Trading Data after Transparency Inquiry

In what appears to be a response to recent congressional calls for more market transparency and an inquiry into potential market manipulation, the New York Mercantile Exchange (Nymex) said earlier this month that it will require all traders with positions above the standard expiration position limit of 1,000 gas contracts going into the final day of trading for an expiring contract to reveal their complete book of positions linked to the settlement price of the expiring contract.

February 26, 2007

Nymex Dashes for More Trading Data after Transparency Inquiry

In what appears to be a response to recent congressional calls for more market transparency and an inquiry into potential market manipulation, the New York Mercantile Exchange (Nymex) said earlier this month that it will require all traders with positions above the standard expiration position limit of 1,000 gas contracts going into the final day of trading for an expiring contract to reveal their complete book of positions linked to the settlement price of the expiring contract.

February 26, 2007

MD Lawmakers Seek More Time to Make Case Against Sparrows Point Project

Members of the Maryland congressional delegation have called on FERC to extend the public comment period for the proposed Sparrows Point liquefied natural gas (LNG) in Baltimore County, MD.

February 5, 2007

MD Delegation Seeks More Time to Make Case Against Sparrows Point Project

The Maryland congressional delegation led by Sen. Barbara Mikulski has called on FERC to extend the public comment period for the proposed Sparrows Point liquefied natural gas (LNG) in Baltimore County, MD.

January 31, 2007

Connecticut Delegation United in Opposition to Broadwater Project

The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a recent letter to FERC Chairman Joseph Kelliher.

January 22, 2007

Connecticut Delegation United in Opposition to Broadwater Project

The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a letter Friday to FERC Chairman Joseph Kelliher.

January 17, 2007

New CA Congressman Brings Alternative Energy Background

The only new face unseating an incumbent in California’s 53-member Congressional delegation turned out to be an alternative energy entrepreneur with a doctorate in mathematics. Rep.-elect Jerry McNerney, a wind energy specialist, unseated seven-term Rep. Richard Pombo from the state’s 11th District in the San Francisco Bay Area. Pombo was chairman of the House Resources Committee. Environmental groups have taken credit for defeating Pombo whom they accuse of trying to roll-back various environmental protections in California and elsewhere.

November 15, 2006

Fastow Asks Court to Go Easy on Him

Former Enron Corp. CFO Andrew Fastow has been the object of “unprecedented public humiliation” on television, in Congressional hearings, in books, magazines, the Internet and in “written and verbal insults and threats,” and he is requesting leniency when he is sentenced to federal prison next week.

September 22, 2006
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