Grossly

Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.

Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.

Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.

A trade group representing developers of shale gas Tuesday blasted the Academy Awards nomination of Gasland for best documentary feature, saying it grossly misrepresented the facts about the hydraulic fracturing (hydrofracking) practice associated with the production of shale.

With Capitol Hill feeding reporters a steady diet of Enron Corp. stories last week, it fast became the issue du jour. Who’s kidding who, it was the only story in a town that thrives on scandals — real or imagined. In fact, there was such a rapid fire of “new” disclosures about the energy trader’s financial sleight of hand, outside auditor Arthur Andersen’s extracurricular activities, and the Bush administration’s ties and Capitol Hill lawmakers’ links to the bankrupt corporation, that somewhere along the way last week it became one big blur.

FERC has suspended Destin Pipeline Co. L.L.C.’sblanket-certificate authority for six months for grossly exceedingthe $19.5 million cost cap earmarked for construction of anoffshore lateral, and for dragging its feet in reporting the costoverrun to the Commission.

FERC has suspended Destin Pipeline Co. LLC’s blanket-certificateauthority for six months for grossly exceeding the $19.5 millioncost cap earmarked for construction of an offshore lateral and fordragging its feet in reporting the cost overrun to the Commission.