David

As EQT Corp. marks its eighth consecutive quarter of natural gas sales growth, the company is barreling ahead in the Marcellus Shale. CEO David Porges told financial analysts last week that EQT’s Marcellus economics are better than previously thought and the prospect of increased regulation and a severance tax in Pennsylvania are not a threat.

As EQT Corp. marks its eighth consecutive quarter of natural gas sales growth, the company is barreling ahead in the Marcellus Shale. Wednesday CEO David Porges told financial analysts that EQT’s Marcellus economics are better than previously thought and the prospect of increased regulation and a severance tax in Pennsylvania are not a threat.

In a classic David vs. Goliath struggle, small oil service companies in Louisiana last week won the first two rounds of the court battle over the enforcement of the Obama administration’s six-month moratorium on deepwater drilling in the Gulf of Mexico (GOM). But while the Interior Department may have been defeated, the fight is far from over.

“Damn the fundamentals; full speed ahead!” as the Civil War’s Admiral David Farragut might have said if asked to analyze the modern-day spot gas market. A smidgen of heating load in parts of Canada and the northern U.S., along with a wee bit of cooling demand from the desert Southwest through the western end of the South, did little to explain rising prices across the board Monday.

“Damn the fundamentals; full speed ahead!” as the Civil War’s Admiral David Farragut might have said if asked to analyze the modern-day spot gas market. A smidgen of heating load in parts of Canada and the northern U.S., along with a wee bit of cooling demand from the desert Southwest through the western end of the South, did little to explain rising prices across the board Monday.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.

David N. Parker, president and CEO of the American Gas Association (AGA), formally announced that he will retire from AGA at the end of 2010. Parker told the board that his retirement is part of a transition process that he initiated in 2007 to ensure that AGA continues to have a strong leadership team going forward. He has headed the association, whose members primarily are local distribution companies, for 13 years. As part of that transition, Parker announced that two AGA senior staff members are taking on new responsibilities. Paula Gant, promoted to senior vice president, policy and planning, will develop and manage AGA’s policy and regulatory agenda. Laura Sheehan has been promoted to senior vice president, public affairs, where she will oversee AGA’s advocacy and government affairs. In addition, Kyle Rogers, AGA’s chief liaison to NARUC, has been promoted to vice president. The AGA board of directors will form a search committee to identify a successor.

David N. Parker, president and CEO of the American Gas Association (AGA), Wednesday formally announced that he will retire from AGA at the end of 2010. Parker told the board that his retirement is part of a transition process that he initiated in 2007 to ensure that AGA continues to have a strong leadership team going forward. He has headed the association, whose members primarily are local distribution companies, for 13 years. As part of that transition, Parker announced that two AGA senior staff members are taking on new responsibilities. Paula Gant, promoted to senior vice president, policy and planning, will develop and manage AGA’s policy and regulatory agenda. Laura Sheehan has been promoted to senior vice president, public affairs, where she will oversee AGA’s advocacy and government affairs. In addition, Kyle Rogers, AGA’s chief liaison to NARUC, has been promoted to vice president. The AGA board of directors will form a search committee to identify a successor.