Delayed

Physical prices Monday were up a nickel on average as West Coast traders reported power shortfalls resulting from a delayed restart of nuclear generating capacity, and warm temperatures in Texas added to loads. Government figures reported a modest decline in natural gas production and futures romped higher. At the close of trading June had increased 9.9 cents to $2.285 on stout volume, and July gained 9.5 cents to $2.394. June crude oil eased 6 cents to $104.87/bbl.

The Pennsylvania Public Utility Commission (PUC) has delayed implementing Act 13, the state’s omnibus Marcellus Shale law, “due to an ambiguity with an injunction imposed by the state’s Commonwealth Court,” the PUC said Thursday.

The Pennsylvania Public Utility Commission (PUC) has delayed implementation of Act 13, the state’s omnibus Marcellus Shale law, “due to an ambiguity with an injunction imposed by the state’s Commonwealth Court,” the PUC said late Thursday.

The state-owned Gas Authority of India Ltd. (Gail) Monday said it plans to commission its long-delayed liquefied natural gas (LNG) import terminal at Dabhol, in Maharashtra state, by the end of March or early April.

Wyoming Gov. Matt Mead has extended an olive branch to Environmental Protection Agency (EPA) officials in the dispute over preliminary results from two federally managed groundwater test wells near Pavillion, WY, and the shallow hydraulic fracturing (fracking) of natural gas wells that dominate that portion of the state (see Shale Daily, Dec. 9, 2011).

Contrary to previous reports, the opening of a 1 Bcf/d liquefied natural gas (LNG) receiving terminal developed by a Korean-Japanese consortium has been delayed until early 2012, according to business news reports Friday south of the U.S. border. A variety of “setbacks” are being dealt with, an ICIS Heren report indicated.

The U.S. Fish and Wildlife Service (USFWS) recently delayed by six months its determination of whether the Dunes Sagebrush Lizard (DSL) qualifies for protection under the Endangered Species Act. Oil and gas interests are watching the issue as they believe protection for the DSL would hinder oil and gas production in the Permian Basin.

The U.S. Fish and Wildlife Service (USFWS) recently delayed by six months its determination of whether the Dunes Sagebrush Lizard (DSL) qualifies for protection under the Endangered Species Act. Oil and gas interests are watching the issue as they believe protection for the DSL would hinder oil and gas production in the Permian Basin.

British Columbia will eclipse Alberta as Canada’s top gas producing province by tapping prolific shale deposits, the National Energy Board said.