History

Enron Corp. slipped deeper into the history books last Wednesday after the remaining defendants, including former CEO Jeffrey Skilling, were dismissed in an eight-year-old lawsuit filed by shareholders and investors against the bankrupt trader’s financial institutions.

News that storage injections were recorded for every week of November for only the second time in history allowed January natural gas futures values to resume their downward trajectory on Thursday. While the prompt-month contract oscillated for a bit following the report that 2 Bcf had been injected for the week ending Nov. 27, an afternoon push lower allowed the January contract to close at $4.459, down 7.1 cents from Wednesday’s finish.

A cap-and-trade scheme to regulate greenhouse gas emissions would be “the single largest tax in the history of our nation,” Texas Gov. Rick Perry told attendees at the Interstate Oil and Gas Compact Commission (IOGCC) annual meeting in Biloxi, MS, last Monday. Perry was named chairman of the group of governors from oil- and gas-producing states.

A cap-and-trade scheme to regulate greenhouse gas emissions would be “the single largest tax in the history of our nation,” Texas Gov. Rick Perry told attendees at the Interstate Oil and Gas Compact Commission (IOGCC) annual meeting in Biloxi, MS, Monday. Perry was named chairman of the group of governors from oil- and gas-producing states.

Economic declines, renewable energy and efficiency growth and ultimately greenhouse gas (GHG) emissions controls all are pushing down natural gas demand in the near term in California and further pushing back the need for liquefied natural gas (LNG) imports, according to a California Energy Commission (CEC) gas staff analyst reporting Monday to a joint meeting of the CEC and California Public Utilities Commission (CPUC).

By next year the United States is expected to produce more natural gas than it’s ever produced in history, and the new supplies will pressure pipeline systems and likely damage the prospects for Canadian imports and liquefied natural gas (LNG) facilities, said Bentek Energy LLC CEO Porter Bennett.

By next year the United States is expected to produce more natural gas than it’s ever produced in history, and the new supplies will pressure pipeline systems and likely damage the prospects for Canadian imports and liquefied natural gas (LNG) facilities, said Bentek Energy LLC CEO Porter Bennett.

A bygone era of fierce economic independence is fading into history as Canada’s main natural gas-producing province, acting in the name of industrial efficiency, quietly allows a once-unthinkable transfer of jurisdiction to the federal government.

A bygone era of fierce economic independence is fading into history as Canada’s main natural gas-producing province, acting in the name of industrial efficiency, quietly allows a once-unthinkable transfer of jurisdiction to the federal government.