Cutting

The Interior Department’s Bureau of Land Management (BLM) Friday issued a draft proposal, cutting in half the public lands that could be made available in three western states, and limiting activities to early research and development projects for oil shale and tar sands resources.

Energy analysts with Tudor, Pickering Holt & Co. (TPH) on Thursday climbed on the train to anywhere but here for natural gas prices, cutting their outlook for 2012 by more than $1.00 to $3.25/Mcf from $4.32.

With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.

With intentions of cutting power plant emissions, last month the Environmental Protection Agency (EPA) released its Cross-State Air Pollution Rule (CSAPR). However, an analysis by Bentek Energy LLC says the rule, an addendum to the Clean Air Act, would wreak havoc on on power and natural gas transmission grids if implemented as planned.

Shale producers should take seriously the questions and issues being raised by environmentalists and others with concerns about hydraulic fracturing (fracking), and be “open and transparent” about the composition of their fracking fluids, FERC Commissioner John Norris said Tuesday.

Pacific Gas and Electric Co. (PG&E) Wednesday began cutting pressure on four natural gas transmission lines at the direction of the California Public Utilities Commission (CPUC).

A “well saturated” market and sustained drilling led Bank of America Merrill Lynch (BofA) to join other energy analysts in cutting the price forecast for U.S. natural gas in 2011.

Deteriorating production, cold snaps, a switch in drilling targets to oil and strong Alberta industrial demand are cutting down the Canadian natural gas surplus overhanging the North American market.

Deteriorating production, cold snaps, a switch in drilling targets to oil and strong Alberta industrial demand are cutting down the Canadian natural gas surplus overhanging the North American market.