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Deloitte: LNG Exports Would Make Bigger Ripples Abroad

The impact of U.S. exports of liquefied natural gas (LNG) on global gas markets would be more significant than what would be felt at home, a new analysis by Deloitte found. World gas prices would decline further than domestic prices would rise, and U.S. exports could hasten a migration away from oil-indexed gas contracts, the firm said.

January 10, 2013

API Ad Campaign Opposes Higher Oil, Gas Taxes

The American Petroleum Institute (API) launched a television and print ad campaign on Wednesday in Washington, DC, and in several states to drive home the importance of a favorable tax code in developing domestic domestic oil and natural gas and creating jobs.

November 16, 2012

BLM Seeks Comments on XTO Assessment in Uinta

The federal Bureau of Land Management (BLM) has released an environmental assessment (EA) of XTO Energy Inc.’s proposed Riverbend gas project and is seeking public comment by Oct. 10.

September 26, 2012

Another Fueling Link Emerges in Natural Gas Highway

Altoona, IA, will be home to the state’s first liquefied natural gas (LNG) fueling stop for long-haul trucks and other vehicles operating on LNG, following recent approval of a site plan by city officials.

September 19, 2012

Spills Prompt Alberta Pipeline Safety Probe

After a string of modest but attention-getting spills over the past 18 months, the government in the home base of the Canadian oil and gas industry has launched a review of pipeline safety standards.

July 23, 2012

Oklahoma Approves Rebates for NGVs, Home Fueling

Oklahoma regulators on Monday approved rebates of up to $2,500 for natural gas vehicles (NGV) and home fueling equipment providing compressed natural gas (CNG). Rebates will be offered by ONEOK’s Oklahoma Natural Gas Co. (ONG) utility, and all residents of the state are eligible for the program.

June 19, 2012

Apache Builds Onshore, Adds Positions in Mississippian Lime, Williston

For Apache Corp., whose drilling operations ramped up in 1955 in the Cushing field of Oklahoma, home is now the sweetest place to be, CEO Steve Farris said Thursday.

June 15, 2012

In Symbolic Move, Vermont First State to Ban Fracking

Vermont Gov. Peter Shumlin signed a bill that calls for a ban on hydraulic fracturing (fracking) on Wednesday, a largely symbolic gesture but one that makes the Green Mountain State the first in the nation to outlaw the practice.

May 18, 2012

Barring Appeal, Tax Exemption Ruling Could Cost Texas $4.4B

Texas could lose an estimated $4.4 billion in revenue from oil and gas sales taxes, depending on how a district court judge tailors his ruling on exempting oil and gas companies from paying the state sales taxes on extraction equipment.

April 18, 2012

Spectra Proposes Marcellus Link to Southern Power Gen Demand

Some of the growing gas supply coming out of the Marcellus Shale could find a home in gas-fired power plants in Georgia, Alabama and Tennessee thanks to a proposal from Spectra Energy Corp. to move gas from the booming shale play to markets southward.

March 5, 2012