New York Attorney General Eric Schneiderman plans to sue the federal government if it does not commit within 30 days to conduct a full environmental review of regulations proposed by the Delaware River Basin Commission (DRBC) that would allow natural gas development projects — with conditions — in affected areas of the Marcellus Shale.
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New York AG Demands Federal Review of DRBC Rules
New York Attorney General Eric Schneiderman plans to sue the federal government if it does not commit within 30 days to conduct a full environmental review of regulations proposed by the Delaware River Basin Commission (DRBC) that would allow natural gas development projects — with conditions — in affected areas of the Marcellus Shale.
Analysts: LNG Exports Would Be on the Margin
Exporting liquefied U.S. natural gas to world markets is a “feasible” but “tenuous” proposition, according to analysts at Pan EurAsian Enterprises. If the United States does become a liquefied natural gas (LNG) exporter, “it is likely to be a supplier at the margins,” they said.
Analysts: As LNG Exporter, U.S. Still on the Margin
Exporting liquefied U.S. natural gas to world markets is a “feasible” but “tenuous” proposition, according to analysts at Pan EurAsian Enterprises. If the United States does become a liquefied natural gas (LNG) exporter, “it is likely to be a supplier at the margins,” they said.
Marcellus Producers Struggle to Manage Ethane
The rich gas corridor of the Marcellus Shale is attracting producers even at low natural gas prices, but while most natural gas liquids (NGL) command a premium in the Northeast, the lack of ethane markets in the region is a challenge, according to several industry players.
Tax Extension Package Benign for Energy
The tax deal struck between President Obama and congressional Republicans last week does not appear to have any adverse “pay-fors” for oil and natural or an increase in taxes for energy, said an official with a producer association.
Gas Exec: Shale Impact in NW Cools LNG Imports
Shale gas so far has not impacted prices and supplies in the Pacific Northwest other than to make more remote the possibility of liquefied natural gas (LNG) imports and to increase the chances of exporting supplies from British Columbia (BC), Northwest Natural Gas Co. gas supply director Randy Friedman told the audience at “LDC Forum: Rockies and the West” conference Wednesday in Los Angeles.
Texas Judge Rules in Favor of XTO in Lease Dispute
A judge in Tarrant County, TX, has dismissed four lawsuits against XTO Energy in which plaintiffs alleged that XTO, now a unit of ExxonMobil Corp., shortchanged them in lease payments.
Transportation Notes
Gulf South Pipeline will be performing compressor maintenance on the Destin compressor station unit beginning at 8:00 a.m. on May 25 and continuing for approximately 60 hours, but the pipeline does not anticipate any impact to shippers.
EIA Cuts 2010 Henry Hub Spot Price Forecast
Henry Hub natural gas spot prices are expected to average $4.44/MMBtu in 2010, up 49 cents from 2009’s average price, but well below the $5.17 average gas price projected in March, the Energy Information Administration (EIA) said Tuesday in its April Short-Term Energy and Summer Fuels Outlook.