Historically

As Pennsylvania legislators continue to work out a compromise on natural gas drilling impact fee legislation, the Marcellus Shale Coalition (MSC) on Friday urged leaders in Harrisburg “to avoid the temptation of crafting policy in a vacuum and instead design a fee and regulatory structure that not only provides heightened safeguards to the public, but also a competitive investment climate.”

In a state where water and coal have been the dominant sources of electricity historically, Idaho state regulators last month approved a 20-year integrated resource plan (IRP) calling for increased use of natural gas and hydroelectric sources while cutting back considerably on coal-fired electricity.

Historically dependent on water and coal for its sources of energy, Idaho now is looking for more balance that includes natural gas and renewable resources, according to a recent opinion poll of the Pacific Northwest and the hopes of the fledgling Idaho Petroleum Council (IPC).

The boom in natural gas shale exploration and production (E&P) is fueling “significant cost advantages” for North America’s commodity chemicals producers because the costs of gas and oil-based feedstocks remain far apart, according to a report by Fitch Ratings.

The coastal region of the Gulf of Mexico (GOM) — historically America’s energy breadbasket — is subject to $350 billion of cumulative economic losses due to environmental degradation, particularly that caused by climate change, according to a new report sponsored by Entergy Corp., which counts the region as part of its backyard for operations.

The coastal region of the Gulf of Mexico — historically America’s energy breadbasket — is subject to $350 billion of cumulative economic losses due to environmental degradation, particularly that caused by climate change, according to a new report sponsored by Entergy Corp., which counts the region as part of its backyard for operations.

As it did a week earlier, Southern Natural Gas implemented an OFO Type 6 for long imbalances starting Saturday until further notice. The pipeline cited “historically high storage inventory levels and projected high injection requirements” for the Oct. 4-5 weekend.

Citing “historically high storage inventory levels and projected high injection requirements for the upcoming weekend,” Southern Natural Gas said Friday it was implementing an OFO Type 6 for long imbalances Saturday until further notice (although it said in another notice that the OFO was unlikely to continue Monday). Tiered imbalance penalties were set for positive imbalances exceeding 2%, or 200 Dth, whichever was greater.

Congress needs to take action on carbon pricing to establish more parity between renewables and fossil fuels that historically have enjoyed generous tax code subsidies, FERC Commissioner Marc Spitzer, a former tax attorney and Arizona state regulator, told a Law Seminars International conference, “Energy in California,” Tuesday in San Francisco.