Craft

At the direction of Republican Pennsylvania Gov. Tom Corbett, acting Department of Environmental Protection (DEP) Secretary Mike Krancer on Tuesday called on all drilling operators to stop delivering wastewater from Marcellus Shale gas extraction by May 19 to 15 facilities currently accepting it, citing newly revised total dissolved solids (TDS) regulations.

With Congress due back in session in less than two weeks, Republican staffers believe they may have reached a compromise on the controversial issue of liability protection for producers of the gasoline additive, methyl tertiary butyl ether (MTBE), that has held up the Senate energy bill since the start of the year.

FERC’s chief accountant last week sent letters to five pipelines, Florida Gas, Transwestern Pipeline, Transcontinental Gas Pipe Line, Gulf South Pipeline and El Paso Natural Gas, informing them that they need to have updated written cash management agreements with their parent companies to identify the rules governing how corporate money pools are utilized. El Paso has an existing but outdated written agreement with its parent, FERC Chief Accountant John Delaware said.

FERC’s chief accountant on Tuesday told Enron subsidiaries Florida Gas Transmission (FGT) and Transwestern Pipeline Co. and Williams subsidiary Transcontinental Gas Pipe Line that they should have written cash management agreements between the parent companies and the regulated subsidiaries to identify the rules governing how corporate money pools are utilized.

Sens. Joseph Lieberman (D-CT) and John McCain (R-AZ) have offered up a legislative proposal that would place limits on the amount of greenhouse gas emissions from U.S. power plants and other sectors of the economy. The legislation also provides for the trading of emissions allowances and includes penalty provisions for companies failing to meet emissions limits set out in the proposed legislation.

Lawmakers meeting last Thursday to craft a comprehensive energy bill reached a compromise related to pipeline integrity inspections under which facilities with the highest risk factors will be given priority for completing inspections within a five-year period.

Lawmakers meeting on Thursday to craft a comprehensive energy bill reached a compromise related to pipeline integrity inspections under which facilities with the highest risk factors will be given priority for completing inspections within a five-year period.