Flag

If there were a national race among clean fuel vehicles Thursday, natural gas vehicles (NGV) would have gotten the checkered flag, shining at the opening of the Los Angeles Auto Show and winning regulatory support in New York state.

A Massachusetts state lawmaker recently laid on the table a number of safety related concerns that he believes should give FERC pause as it considers the proposed Weaver’s Cove LNG terminal near Fall River, MA [CP04-36].

A Massachusetts state lawmaker recently laid on the table a number of safety related concerns that he believes should give FERC pause as it considers the proposed Weaver’s Cove LNG terminal near Fall River, MA [CP04-36].

After testing the $6 resistance level on Monday, May natural gas futures raised the white flag early on Tuesday, retreating 22.1 cents to close at $5.788 on heavy volume, with 92,904 contracts changing hands.

Federal Reserve Board Chairman Alan Greenspan will be waving his red flag on natural gas supply issues again on July 10 in front of the Senate Energy and Natural Resources Committee. Three weeks ago Greenspan told a House panel that if the United States wants to maintain its current standard of living, it will have to become a bigger player in the global gas market by importing more liquefied natural gas (LNG).

Federal Reserve Board Chairman Alan Greenspan will be waving his red flag on natural gas supply issues again on July 10 in front of the Senate Energy and Natural Resources Committee. Three weeks ago Greenspan told a House panel that if the United States wants to maintain its current standard of living, it will have to become a bigger player in the global gas market by importing more liquefied natural gas (LNG).

A study released Wednesday by Santa Monica, CA-based Rand Science and Technology raised a caution flag for California becoming overly reliant on natural gas-fired electric generation, which it said could add to the risk of more volatile and rising gas prices. Assuming under current plans that the state’s natural gas use could double by 2010, the report advocates a “balanced portfolio” approach to the state’s future energy planning that will minimize risks of supply/price volatility.

A study released Wednesday by Santa Monica, CA-based Rand Science and Technology raised a caution flag for California becoming overly reliant on natural gas-fired electric generation, which it said could add to the risk of more volatile and rising gas prices. Assuming under current plans that the state’s natural gas use could double by 2010, the report advocates a “balanced portfolio” approach to the state’s future energy planning that will minimize risks of supply/price volatility.

FERC sent one major Midwest-to-Northeast pipeline project backto the drawing board last week but gave another competing project afinal green light. The $447 million Vector Pipeline emergedvictorious, receiving FERC’s final approval and a presidentialpermit in a draft order, while the $400 million TriState Pipelinewas told it must redesign the pipeline-lease portion of itsproposal to get FERC’s rubber stamp.