Dramatic

Most Points Rebound as Cooling Load Jumps

More growth of cooling load, with an especially dramatic boost due Friday in the lower Northeast, along with continuing prior-day futures support rallied cash prices at most points Thursday. The exceptions were flat to about a dime lower quotes at several locations, primarily in the West and Midcontinent.

June 6, 2008

CFTC Increases Transparency of Markets, Investigating Oil Trading

The Commodity Futures Trading Commission (CFTC), prompted by dramatic increases in the price of crude oil traded on futures exchanges, announced a number of initiatives that it said “will improve oversight of energy futures markets to ensure they reflect fundamental economic forces of supply and demand, free of manipulation and fraud,” and said it has been investigating U.S. oil markets since December.

June 2, 2008

CFTC to Increase Transparency of Markets, Investigates Oil Trading

The Commodity Futures Trading Commission (CFTC), prompted by dramatic increases in the price of crude oil traded on futures exchanges, announced a number of initiatives that it said “will improve oversight of energy futures markets to ensure they reflect fundamental economic forces of supply and demand, free of manipulation and fraud,” and said it has been investigating U.S. oil markets since December.

May 30, 2008

New Pipeline Safety Regulations Proposed

Because of “dramatic improvements in pipeline technology and risk controls” over the past 25 years, the Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is proposing to amend pipeline safety regulations to allow certain gas transmission pipelines to operate at pressures based on higher stress levels, thus expanding operating capacity.

March 24, 2008

New Pipeline Safety Regulations Proposed

Because of “dramatic improvements in pipeline technology and risk controls” over the past 25 years, the Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is proposing to amend pipeline safety regulations to allow certain gas transmission pipelines to operate at pressures based on higher stress levels, thus expanding operating capacity.

March 20, 2008

EOG Jammed by Decline in Gas Revenue, Soaring Expenses

A dramatic decline in natural gas revenue and sky-high capital expenses slammed the quarterly profit of Houston-based EOG Resources Inc. The independent posted 10.9% production growth from a year ago, but gas revenue slumped 12% and expenses climbed 23%.

October 31, 2006

S&P: Future Weather-Related Events in Gulf Could Create Market Turmoil

Despite the dramatic destruction and disruptions caused by Hurricanes Katrina and Rita last year, energy companies overall have weathered the storms from a credit standpoint, according to a report by Standard & Poor’s Ratings Service (S&).

March 14, 2006

GAO: Increased Permitting Leaves BLM Stressed Out With No Time for Environmental Inspections

A dramatic increase in oil and natural gas development on federal lands over the past six years has stretched the staff of Interior Department’s Bureau of Land Management (BLM) to a point that it has been unable to meet its environmental protection responsibilities, according to a new report issued by the Government Accountability Office (GAO) Thursday.

July 22, 2005

Alberta Well Blow-out Spreads Sour Gas Close to Edmonton

A small but dramatic accident involving hazardous “sour” natural gas just outside the Alberta capital of Edmonton has left Canadian producers braced for more of their long and increasingly difficult campaign to keep access to a key supply source.

December 27, 2004

Alberta Well Blow-out Spreads Sour Gas Close to Edmonton

A small but dramatic accident involving hazardous “sour” natural gas just outside the Alberta capital of Edmonton has left Canadian producers braced for more of their long and increasingly difficult campaign to keep access to a key supply source.

December 21, 2004