Emulate

For California and other states that want to emulate its precedent-setting low-carbon fuel standards (LCFS), some industry leaders are warning there may be some unintended environmental and economic consequences waiting around the bend.

Dozens of countries have launched programs to attempt to emulate the successful exploitation of shale in the United States, but it will take more than copying a formula, according to the International Energy Agency (IEA).

Dozens of countries have launched programs to attempt to emulate the successful exploitation of shale in the United States, but it will take more than copying a formula, according to the International Energy Agency (IEA).

Another Friday, another price rout. In a seeming rerun from a week earlier, weekend prices tanked hard Friday in response to lack of weather-related load and a bearish storage report in which the 81 Bcf injection exceeded most prior expectations.

Nearly all points were “flat to up a smidge” Tuesday, as onemarketer described it. But the consensus among sources was thatprices will be coming down hard today, based on the Nymex screen’sbig downturn Tuesday. In fact, the cash reversal had alreadystarted in Tuesday’s late trading as some pipes dropped as much asa nickel from their heights.