ferc

Amid controversy over his pro-renewable energy and anti-fossil fuel sentiments, former Colorado regulator Ron Binz has asked President Obama to withdraw his name from further consideration as a nominee for FERC chairman.

In order to meet the Nov. 1 start-up date for its Northeast Upgrade Project, Tennessee Gas Pipeline (TGP) has asked FERC for permission to begin placing components of the system expansion, which would add 636,000 Dth/d of takeaway capacity from the Marcellus Shale, in service as early as October.

In the event of a potential government shutdown beginning at 12:00 a.m. (EST) on Oct. 1, FERC said the majority of its approximately 1,500 employees would be furloughed, while it would continue to inspect liquefied natural gas (LNG) projects, monitor energy markets for manipulation or other violations of Commission rules and potential threats to energy infrastructure.

With the shoulder season in full swing where it is cool enough to turn off the air conditioning yet not cold enough to turn on the heat,NGI’s October Bidweek National Spot Gas Average was a nickel lower than September at $3.44, yet 47 cents higher than the October 2012 bidweek average of $2.97. Most regions of the country for October 2013 eased anywhere from a couple of pennies to as much as a dime.

The pioneering shale gas and oil developers have to be unshackled by “prison guards of the past” to allow the United States to achieve energy independence, former House Speaker Newt Gingrich said on the closing day of the Shale Insight conference in Philadelphia.

Will anyone be able to look back on this time in the United States and not consider it to be a golden age for natural gas? Will anyone doubt that the Marcellus Shale was the blazing star in that firmament?

The U.S. Energy Information Administration (EIA) is proposing a change to the format of itsWeekly Natural Gas Storage Report(WNGSR), adding an estimate of the implied flow of working natural gas into or out of underground storage facilities to its WNGSR summary table.

The move to horizontal drilling and longer laterals has made the domestic land rig count not so simple anymore, leading Raymond James & Associates Inc. last week to launch well and footage count forecasts.

A U.S. arm of Royal Dutch Shell plc is throwing in the towel in the Kansas portion of the Mississippian Lime, selling off 45 producing wells and about 600,000 net lease acres. Last week the operator also pulled the plug on an oil shale research center in Colorado.