Prompted by the booming natural gas drilling industry in his district, Pennsylvania state Senator Gene Yaw (R-23rd) said he will introduce a series of bills that address issues related to the growing Marcellus Shale industry. Yaw’s district includes Bradford, Susquehanna and Lycoming counties, which are some of Pennsylvania’s top Marcellus producing areas.
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How Much Shale Gas Is There? ‘Really, Really A Lot,’ Says Expert
A two-year-old study that detailed the potential of unconventional natural gas supplies already needs to be updated because remarkable advancements in drilling technology are driving recoverable gas reserves ever higher, a Navigant Consulting Inc. director said last week.
Energy Companies, Environmentalists Unite for Cap-and-Trade Emissions
A group of influential U.S. corporations, including top oil and gas and power companies, last week joined environmental organizations to offer a detailed blueprint for the incoming Obama administration that, among other things, calls for a cap-and-trade system to cut 2005 greenhouse gas (GHG) emissions levels 42% by 2030 and 80% by 2050.
Energy Companies, Environmentalists Unite for Cap-and-Trade Emissions
A group of influential U.S. corporations, including top oil and gas and power companies, Thursday joined environmental organizations to offer a detailed blueprint for the incoming Obama administration that, among other things, calls for a cap-and-trade system to cut 2005 greenhouse gas (GHG) emissions levels 42% by 2030 and 80% by 2050.
NGI The Weekly Gas Market Report
Rate Increase Phase-In Plan Filed With ICC by ComEd
Commonwealth Edison (ComEd) last Tuesday filed a detailed proposal at the Illinois Commerce Commission (ICC) designed to ease the impact on residential customers of rate increases planned for January 2007. While ComEd has discussed its proposal for phasing in rate increases for some time, the filing allows the plan to be considered in a formal, separate proceeding.
Sempra Signs Contract for Algerian LNG Imports for Cameron (LA)Terminal
Sempra Energy’s liquefied natural gas (LNG) unit announced Tuesday it has signed a “heads of agreement” (HOA) with Algeria’s Sonatrach S.A., and is proceeding with “detailed negotiations” to bring Algerian LNG to the U.S. Gulf Coast. Sempra LNG said the negotiations include what it called “additional opportunities to market the gas in the United States.” The deal is nonbinding, the company said.
CERA Sees Significant Expansion of ‘Unconventional’ Liquids Output Through 2010
Despite the anxiety over rising commodity prices and a lack of readily available oil and natural gas resources, a detailed analysis shows a “significant” expansion of liquids productive capacity in the next few years, according to Cambridge Energy Research Associates (CERA).
CA Moving to ‘Dynamic’ Energy Planning System, New CEC Chair Says
Although maligned and defined in various quarters by its “alphabet soup” approach to energy acronyms and detailed action plans, California needs to expand its return to comprehensive energy planning with something called “DRP,” dynamic resource planning, according to the chairman of the California Energy Commission (CEC), Joseph Desmond, speaking Monday at the opening session of the three-day national conference of the American Public Power Association (APPA) in Anaheim, CA.
SEC Wants Details on TXU’s Exit from Europe, Dividend Cut in 2002
TXU Corp. said Wednesday that it received a subpoena from the Securities and Exchange Commission (SEC) on March 18, requiring the company to provide detailed information about the implosion of its European retail energy operations, TXU Europe, and its dividend cut in fall of 2002.
SEC Wants Details on TXU’s Exit from Europe, Dividend Cut in 2002
TXU Corp. said Wednesday that it received a subpoena from the Securities and Exchange Commission (SEC) on March 18, requiring the company to provide detailed information about the implosion of its European retail energy operations, TXU Europe, and its dividend cut in fall of 2002, (see Daily GPI, Oct. 15, 2002; Oct. 22, 2002).