A House bill that would open the door to the Department of the Interior’s (DOI) Bureau of Land Management (BLM) holding onshore oil and gas lease auctions online would speed sales, reduce fraud and ensure the best return to taxpayers on leases, according to Rep. Bill Johnson (R-OH), who introduced the bill last month.
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Articles from Door
North Carolina Senate Overrides Veto of Energy Bill
The North Carolina Senate voted to go against the wishes of Democratic Gov. Bev Perdue, overriding her veto of an energy bill that would open the door to offshore natural gas drilling.
July 18, 2011
Virginia Senators Push for Offshore Leasing
U.S. Sens. Jim Webb (D-VA) and Mark Warner (D-VA) introduced legislation Wednesday that would open the door for oil and gas exploration and production off the coast of Virginia.
July 11, 2011
Virginia Senators Want Lease Sale to Move Forward
U.S. Sens. Jim Webb (D-VA) and Mark Warner (D-VA) introduced legislation Wednesday that would open the door for oil and gas exploration and production off the coast of Virginia.
July 7, 2011
International Interest Unrelenting for Onshore Gas Reserves
International suitors for North America’s onshore natural gas reserves continue to knock at the door, with India’s Reliance Industries Ltd. last week doubling its stakes in U.S. shales, Abu Dhabi National Energy Co. increasing its stake in Western Canadian gas properties and China National Petroleum Corp. (CNPC) tentatively agreeing to partner with Encana Corp. in British Columbia.
June 28, 2010
Fourth Time’s a Charm for $5 Resistance Breakthrough
After knocking on the psychological resistance door three times earlier this month, natural gas bulls finally reached $5 and settled above it on Monday as the July contract recorded a $5.013 high before closing out the regular session at $5.006, up 22.5 cents from Friday’s finish.
June 15, 2010
Cold Weather Keeps Pressure on $6 Futures
Natural gas futures continued to knock on the $6 door on Friday as the January contract put in a high of $5.926 in early morning trade. The prompt-month contract ended up closing the day’s regular session at $5.782, up 1.4 cents from Thursday and 61.9 cents higher than the previous week’s close. Over the last two weeks the January contract has gained $1.196.
December 21, 2009
Forecasted Warm-Up Could Stop Bulls Short of $5
November natural gas futures traders on Monday continued to knock on the $5 resistance door to no avail as the contract reached a high of $4.972 in afternoon trade before closing out the regular session at $4.880, up 11 cents from Friday’s finish.
October 13, 2009
Tapped-Out Texas Producer TXCO Resources Struggling to Survive
The wolf could be at the door of tiny San Antonio, TX-based producer TXCO Resources Inc. any day. The company has run out of money, pledged most of its assets to creditors and is looking for options including a merger or sale. However, it does enjoy positive cash flow and could turn things around given enough time, CEO James Sigmon told investors Thursday.
March 23, 2009
Tapped-Out Texas Producer Struggling to Survive
The wolf could be at the door of tiny San Antonio, TX-based producer TXCO Resources Inc. any day. The company has run out of money, pledged most of its assets to creditors and is looking for options including a merger or sale. However, it does enjoy positive cash flow and could turn things around given enough time, CEO James Sigmon told investors Thursday.
March 23, 2009
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