Excessive

Following a second vote by the City of Dallas Plan Commission to deny Trinity East Energy LLC permission for three drill sites within the city limits, Trinity East Energy LLC said it will seek to persuade a super-majority of the 15-member Dallas City Council to grant the permits.

Colorado stakeholders in an ongoing voluntary water testing program related to oil and natural gas extraction activity support a statewide mandatory program, they said earlier this month, two days after the state government held its first public hearing on a proposed baseline groundwater monitoring program.

Saying it needed to protect system integrity and due to excessive hourly takes exceeding scheduled quantities, Tennessee issued meter-specific Balancing Alert OFOs Monday affecting two LMSMA contracts (71054 and 943030). They are required to maintain an actual daily flow rate not exceeding 2% or 500 Dth, whichever is greater, of scheduled quantities.

Due to a pigging operation resulting in “an excessive amount of emulsified liquids, water and other nonspec material arriving onshore,” the necessary treatment for the emulsified liquids has resulted in a takeaway delay, Stingray said. Being unable to deliver gas to downstream pipelines, Stingray declared a force majeure and began refusing to accept nominations Wednesday until further notice.

The head of the Commodity Futures Trading Commission (CFTC) confirmed last week that the final rule on restricting excessive speculation in the derivatives market will be on the agenda at its Tuesday meeting.

The head of the Commodity Futures Trading Commission (CFTC) Tuesday confirmed that the final rule on restricting excessive speculation in the derivatives market will be on the agenda at next week’s meeting.

The Commodity Futures Trading Commission (CFTC) Thursday voted out the long-anticipated proposal to set hard position limits to curb excessive speculation in the derivatives market. And until the position limits can be implemented, the agency head issued a directive for staff to closely monitor traders with large positions.

Despite what he sees as excessive federal government regulation and unnecessarily lengthy permitting processes, Virginia Gov. Bob McDonnell still believes his state will become “the energy capital of the East Coast” and an offshore energy leader.

Despite what he sees as excessive federal government regulation and unnecessarily lengthy permitting processes, Virginia Gov. Bob McDonnell still believes his state will become “the energy capital of the East Coast” and an offshore energy leader.