Embrace

Natural gas from the Marcellus Shale could be the answer to Pennsylvania’s energy problems, “should we choose to embrace it,” according to former Gov. Ed Rendell.

Devon Energy Corp., which continues to be weighted to natural gas, said its embrace of North American liquids and oil lifted production to record numbers in the final three months of 2011.

In response to low natural gas prices, Chesapeake Energy Corp. on Monday said it would “immediately” curtail 0.5 Bcf/d, or 8% of its current operated gross natural gas output, which is 6.3 Bcf/d. As much as 1 Bcf/d could be curtailed “if conditions warrant.”

Alaska Republicans said they were ready to “embrace” Sen. Lisa Murkowski as Alaska’s only Republican senator, and they urged her challenger and Tea Party-backed candidate Joe Miller to “end his campaign in a dignified way.” But by late Friday Miller hadn’t conceded defeat, instead filing in federal court for a preliminary injunction to keep the results from being certified.

Alaska Republicans said they were ready to “embrace” Sen. Lisa Murkowski as Alaska’s only Republican senator, and they urged her challenger and Tea Party-backed candidate Joe Miller to “end his campaign in a dignified way.” But Miller hadn’t conceded defeat Thursday, and he indicated that he might call for a recount.

ConocoPhillips CEO James Mulva called on fellow energy executives last week to embrace climate change policies because federal legislation “may be just a year or two away.” And the United States, he said, has to take a more active role worldwide to build a consensus.

ConocoPhillips CEO James Mulva Tuesday called on fellow energy executives to embrace climate change policies because federal legislation “may be just a year or two away.” The United States, he added, also has to take a more active role in global climate change to build a consensus.

Energy companies need to embrace trading as a necessary core component of their energy operations and must develop a trading strategy that “encapsulates effective governance and active risk management” in order to survive, according to a new report by PricewaterhouseCoopers titled “Energy Trading – Re-establishing Sound Foundations.”

In a country attempting to embrace electricity restructuring,it’s no wonder that breakdowns like those experienced in Californiacan shake the foundation of programs 1,000 miles away. Not trueaccording to the Center for the Advancement of Energy Markets'(CAEM) latest Retail Energy Deregulation Index (RED Index) releasedlast week, which actually showed that a number of states arerecording progress.