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Illinois Oil and Gas Industry, Enviros Agree on Fracking Rules

Hoping to head off threats of a state moratorium on hydraulic fracturing (fracking), Illinois state legislative, oil/natural gas industry and environmental leaders on Thursday announced agreement on a bipartisan bill (HB 2615) establishing rules on the use of the contested well stimulation practice.

February 25, 2013

Ultra CEO: ‘2012 Was A Train Wreck’

Darrell Royal, the revered former head coach for the University of Texas football team, used to explain his team’s success by borrowing a line from a 1920s song, “You dance with the one that brung ya.” Ultra Petroleum Corp., which has stuck with natural gas while others have moved along, is discovering that gas can be one expensive date.

February 20, 2013

Quebec Planning Moratorium, Will Suspend Exploration Licenses

A Quebec government official said Wednesday that legislation will be introduced next week to formally enact a moratorium on shale gas development in the province, a ban that would be in effect until the results of a two-year study on potential impacts are fully vetted.

February 8, 2013

PHMSA Eyes Marcellus Gathering Line Regulation

The federal government is eyeing the possibility of regulating the safety of gathering lines that serve the Marcellus Shale play in Pennsylvania, the head of the Department of Transportation’s Pipeline and Hazardous Materials Safety Administrator (PHMSA) told a Senate panel last Monday.

February 4, 2013

Safety of Marcellus Shale Gathering Lines to Be Federally Regulated?

The federal government is considering the possibility of regulating the safety of gathering lines that serve the Marcellus Shale play in Pennsylvania, the head of the Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) told a Senate panel Monday.

January 30, 2013

PHMSA Eyes Safety Regulation of Shale Gathering Lines

The federal government is eyeing the possibility of regulating the safety of gathering lines that serve the Marcellus Shale play in Pennsylvania, the head of the Department of Transportation’s Pipeline and Hazardous Materials Safety Administrator (PHMSA) told a Senate panel Monday.

January 29, 2013

People

The head of Wyoming’s Department of Environmental Quality (DEQ) is retiring, and Gov. Matt Mead said on Monday that he is starting a search for a replacement. DEQ Director John Corra, who has headed the department for two different governors since 2003, will stay on the job until October. Mead lauded Corra for setting “a standard for effective and balanced regulation with fiscal prudence.” Mead has asked for interested candidates to submit a letter of interest and resume to his office (2090 W. 24th St. Cheyenne, WY, 82002).

August 14, 2012

House Panel Votes to Cut CFTC Funding in 2013

The head of the Commodity Futures Trading Commission decried a House appropriations subcommittee’s vote earlier this week to reduce spending for the agency in fiscal year (FY) 2013. The move comes at a time when the CFTC is gearing up to oversee the multi-trillion-dollar derivatives market.

June 11, 2012

House Panel Cuts CFTC Funding, Despite Extra Regulatory Load

The head of the Commodity Futures Trading Commission decried a House appropriations subcommittee’s vote last week to reduce spending for the agency in fiscal year (FY) 2013. The move comes at a time when the CFTC is gearing up to oversee the multi-trillion-dollar derivatives market.

June 11, 2012

Senate Approves FERC, EIA Nominations

The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to FERC and Adam Sieminski to head the Energy Information Administration (EIA).

May 29, 2012