California cannot afford the high costs and risks of added nuclear electric generation plants or a first-ever liquefied natural gas (LNG) terminal along its coast, according to the chair of the state Assembly’s Utilities and Commerce Committee Lloyd Levine. In addition, Levine doesn’t seen any significant state energy legislation being passed this year.
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Lawmaker: ‘No Future in California’ for LNG, Nuclear
California cannot afford the high costs and risks of added nuclear electric generation plants or a first-ever liquefied natural gas (LNG) terminal along its coast, according to the chair of the lower house state Assembly’s Utilities and Commerce Committee, Lloyd Levine.
Chukchi Sea Lease Sales Attract Record Bids
The quest to discover new oil and natural gas reserves resulted last week in the most successful lease sales ever in Alaska, with producers offering a total of $2.7 billion to capture a share of drilling rights in the Chukchi Sea.
Raymond James: Rise in Gas Output Not Sustainable
Raymond James & Associates Inc. affirmed recent private and government forecasts that U.S. natural gas production is indeed on the rise, but the ever-bullish energy analyst said last week that the growth’s long-term sustainability is “unlikely.”
Raymond James Affirms Gas Output Rise, Says Sustainability ‘Unlikely’
Raymond James & Associates Inc. affirmed recent private and government forecasts that U.S. natural gas production is indeed on the rise, but the ever-bullish energy analyst said the growth’s long-term sustainability is “unlikely.”
FERC’s Harvey Defends Expansion of Commission Oversight
The natural gas market is more actively traded than ever could have been imagined at its early stages in the mid-1980s, and FERC’s oversight has to change to accommodate that market, said a top agency official.
FERC’s Harvey Defends Expansion of Commission Oversight
The natural gas market is more actively traded than ever could have been imagined at its early stages in the mid-1980s, and FERC’s oversight has to change to accommodate that market, said a top agency official.
Newfoundland and Labrador Lay Out Comprehensive Energy Strategy
The government of Newfoundland and Labrador has unveiled its first-ever energy plan, a comprehensive strategy that will allow the province to become a “significant” player in the oil and natural gas business over the coming years. Among other things, the province plans to take a 10% equity stake in some oil and natural gas projects, and it is proposing a new natural gas royalty regime.
Long-Term Newfoundland and Labrador Energy Strategy Unveiled
The government of Newfoundland and Labrador released its first-ever energy plan on Tuesday, a comprehensive strategy that will allow the province to become a “significant” player in the oil and natural gas business over the coming years. Among other things, the province plans to take a 10% equity stake in some oil and natural gas projects, and it is proposing a new natural gas royalty regime.
Facing ‘Ugly Basis Differentials,’ Some Rockies Producers Cut Output
Rocky Mountain producers, facing ever-widening basis differentials, are cutting back on natural gas production due to a lack of immediate demand, as well as a deficit of storage facilities and takeaway capacity in the region, according to a veteran energy analyst. But most are seeing it as a short term phenomenum.