Dramatic

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.

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.

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.

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.

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%.

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&).

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) last Thursday.

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.

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.