A train derailment near the town of Parkers Prairie, MN, Wednesday morning spilled 20,000-30,000 gallons of crude oil into a field, but frozen, snow-covered ground was “a saving grace” that should keep environmental damage to a minimum, a Minnesota Pollution Control Agency (MPCA) spokesman told NGI’s Shale Daily. Fourteen of the Canadian Pacific Railroad train’s 94 cars derailed and oil from three of them was leaked, the spokesman said. “They’re going to be able to recover most, if not all” of the oil, according to MPCA spokesman Dan Olson. No injuries were reported.
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Marcellus Moratorium Bill Stalls in Maryland Senate
The Maryland Senate ended its 2011 legislative session last week without voting on a bill that would have frozen the permitting of Marcellus Shale drilling until 2013 while state agencies reviewed the results of various studies into Marcellus development and hydraulic fracturing (hydrofracking).
Marcellus Moratorium Bill Stalls in Maryland Senate
The Maryland Senate ended its 2011 legislative session without voting on a bill that would have frozen the permitting of Marcellus Shale drilling until 2013 while state agencies reviewed the results of various studies into Marcellus development and hydraulic fracturing (hydrofracking).
Alaska Urged Not to Miss the Gas Boat
Thanks to Lower 48 shale gas supply growth, it’s too late for a pipeline to carry Alaska North Slope gas to market — but it may be able to catch a boat out of the frozen tundra to hotter markets in Asia, Credit Suisse analyst Teri Viswanath said in a note last Tuesday.
Alaska Urged Not to Miss the Gas Boat
Thanks to Lower 48 shale gas supply growth, it’s too late for a pipeline to carry Alaska North Slope gas to market — but it may be able to catch a boat out of the frozen tundra to hotter markets in Asia, Credit Suisse analyst Teri Viswanath said in a note Tuesday.
ConocoPhillips: Northern Pipelines Will Be Needed
As a partner in the Mackenzie Gas Project, ConocoPhillips Canada is vowing to make the frozen northern pipeline go ahead if the hibernating Canadian regulatory apparatus revives to make an approval decision. Kevin Meyers, president of the subsidiary of ConocoPhillips, told for reporters at its Calgary head office that Canadian arctic supplies still have a good chance to beat Alaskan gas to markets in the Lower 48.
ConocoPhillips Still Bullish on Northern Pipeline Projects
As a partner in the Mackenzie Gas Project, ConocoPhillips Canada is vowing to make the frozen northern pipeline go ahead if the hibernating Canadian regulatory apparatus revives to make an approval decision. Kevin Meyers, president of the subsidiary of ConocoPhillips, told for reporters at its Calgary head office that Canadian arctic supplies still have a good chance to beat Alaskan gas to markets in the Lower 48.
Cold Snap Continues to Propel Most Points Higher
Prices continued to rise at most points Thursday as frigid temperatures and various types of frozen precipitation (sleet, freezing rain and snow) occupied more and more of the U.S. and Canada. A 32.3-cent spike by January futures on Wednesday gave extra support to Thursday’s cash market.
Columbia Gas of VA PBR Plan Includes Rate Freeze
Rates charged to customers of Columbia Gas of Virginia for delivery service are frozen for four years under a performance-based rate (PBR) plan authorized by the State Corporation Commission (SCC) late last month. The new rate plan took effect Jan. 1 and includes a $2 million credit back to residential and commercial customers in 2007 and again in 2008.
Columbia Gas of VA PBR Plan Includes Rate Freeze
The rates charged to customers of Columbia Gas of Virginia for delivery service will be frozen for four years under a performance-based rate (PBR) plan authorized by the State Corporation Commission (SCC). The new rate plan takes effect Jan. 1 and includes a $2 million credit back to residential and commercial customers in 2007 and again in 2008.