The head of the Commodity Futures Trading Commission decried a House appropriations subcommittee’s vote last week to reduce spending for the agency in fiscal year (FY) 2013. The move comes at a time when the CFTC is gearing up to oversee the multi-trillion-dollar derivatives market.
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House Panel Votes to Cut CFTC Funding in 2013
The head of the Commodity Futures Trading Commission decried a House appropriations subcommittee’s vote earlier this week to reduce spending for the agency in fiscal year (FY) 2013. The move comes at a time when the CFTC is gearing up to oversee the multi-trillion-dollar derivatives market.
June 11, 2012
Producers Claim Obama About-Face on Energy in Budget
Oil and natural gas producers decried President Obama’s budget proposal for fiscal year (FY) 2013, which seeks to rescind $41 billion in tax breaks over the next decade and tack on a number of new fees, calling the plan an about-face from his commitment in the State of the Union (SOU) address to support greater domestic energy development.
February 20, 2012
API Blasts Senate Provision That Would Strike Key Tax Incentive
An official with the American Petroleum Institute (API) decried a Senate provision to scrap job-creation tax incentives for major oil and natural gas producers, saying it would significantly slow the nation’s economic recovery (see Daily GPI, Aug. 18).
August 19, 2010
NGC: FERC Punishment Doesn’t Fit Crime
A leading gas marketer last week decried FERC’s reprimand ofNatural Gas Pipeline Company of America (NGPL) formarketing-affiliate improprieties as being far too light. The minoradmonishment, according to Natural Gas Clearinghouse (NGC), failedto provide adequate redress to the overall market, and producersand marketers victimized by the Midwest pipeline’s wrongdoing.
February 23, 1998
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