As Congress begins debate on energy issues, such as access to the Outer Continental Shelf (OCS) and the repeal of tax breaks, the American Petroleum Institute (API) Thursday told lawmakers that any legislative action detrimental to oil and gas would take a significant toll on an already faltering economy.
Issues
Articles from Issues
Ruby Pipeline Clears Hurdle for Wyoming-to-Oregon System
FERC Friday issued a preliminary determination on non-environmental issues for the Ruby Pipeline project, a 675-mile, 42-inch diameter pipeline that would move 1.5 Bcf/d of Rockies natural gas from the Opal Hub in Wyoming to Malin, OR. A final certificate, which is the next step, will be awarded to Ruby if it receives a favorable environmental review from the agency.
Ruby Pipeline Clears Hurdle for Wyoming-to-Oregon System
FERC Friday issued a preliminary determination on non-environmental issues for the Ruby Pipeline project, a 675-mile, 42-inch diameter pipeline that would move 1.5 Bcf/d of Rockies natural gas from the Opal Hub in Wyoming to Malin, OR. A final certificate, which is the next step, will be awarded to Ruby if it receives a favorable environmental review from the agency.
Barclays, UBS Get Waiver Extension to Address Acquisition Issues
FERC last Monday approved a second extension of a temporary waiver of the agency’s capacity-release rules so remaining issues related to Barclays Bank PLC’s acquisition of UBS’ natural gas trading portfolio can be addressed.
Barclays, UBS Get Waiver Extension to Address Acquisition Issues
FERC Monday approved a second extension of a temporary waiver of the agency’s capacity-release rules so remaining issues related to Barclays Bank PLC’s acquisition of UBS’ natural gas trading portfolio can be addressed.
Debate on Derivatives Reform Heats Up
Two critical issues emerged last week in Capitol Hill debate over futures, over-the-counter (OTC) and derivatives regulatory reform as lawmakers heard witnesses proposing mandatory clearing of all OTC contracts — or not; and the merging of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) — or not. Senate committee debate also took a side trip into new charges of possible excessive speculation driving energy commodity prices higher.
Producers Give Obama a ‘D’ on Oil and Gas in First 100 Days
President Obama’s grade for his performance on oil and natural gas issues during his first 100 days in office is a “D,” two producer groups said last Wednesday. Critics say Obama speaks with a forked tongue when it comes to oil and gas.
Producers Give Obama a ‘D’ on Oil and Gas in First 100 Days
President Obama’s grade for his performance on oil and natural gas issues during his first 100 days in office is a “D,” two producer groups said Wednesday.
British Columbia CBM Projects Face More Opposition
A coalition of citizens’ groups in British Columbia (BC) has called for a time-out on all coalbed methane (CBM) drilling in the province until safety and environmental issues are more thoroughly addressed.
CBM Projects in British Columbia Face More Opposition
A coalition of citizens’ groups in British Columbia (BC) has called for a time-out on all coalbed methane (CBM) drilling in the province until safety and environmental issues are more thoroughly addressed.