Inergy subsidiary Central New York Oil & Gas Co. LLC (CYNOG) is ready to move forward with construction of the MARC I Hub Line project in northeastern Pennsylvania — a project that is expected to give northern markets greater access to Marcellus Shale gas — following a FERC order this week granting the project a certificate of public convenience and necessity.
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Poll: Pennsylvanians Support Drilling But Want It Taxed
A new poll reveals that while most Pennsylvania voters, 62-30%, believe the economic benefits of drilling for natural gas in the Marcellus Shale outweigh any environmental concerns, a majority, 64-27%, also want to see the industry taxed.
Transportation Notes
Tennessee lifted a systemwide Imbalance Warning Saturday. The pipeline also rescheduled a line abandonment project for the 523M-7300 and 523M-7600 lines offshore Louisiana to Wednesday through Oct. 4. The work, which will require suspension of flows at four Vermilion meters, previously was set for last Saturday through Oct. 2.
Senate Panel Approves Funding Hike for CFTC
The Senate Appropriations Commission Thursday voted out along partisan lines a spending bill that provides the Commodity Futures Trading Commission (CFTC) with an 18% hike in funding for fiscal 2012 to implement reforms under the Dodd-Frank Wall Street Reform Act.
Senate Bill Boosting CFTC Funding Turns Partisan
The Senate Appropriations Commission Thursday was poised to vote out along partisan lines a spending bill that provides the Commodity Futures Trading Commission (CFTC) with an 18% hike in funding for fiscal 2012 to implement reforms under the Dodd-Frank Wall Street Reform Act.
DOE Fracking Panel Developing Timeline for Actions
Nearly 200 people crowded the phone lines of an open meeting Monday night to hear public comments surrounding the Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee’s initial report on hydraulic fracturing (fracking).
DOE Fracking Panel Developing Timeline for Actions
Nearly 200 people crowded the phone lines of an open meeting Monday night to hear public comments surrounding the Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee’s initial report on hydraulic fracturing (fracking).
Industry Brief
The American Gas Association, the American Petroleum Institute, the Interstate Natural Gas Association of America and the Association of Oil Pipe Lines, together with the Canadian Gas Association and the Canadian Energy Pipeline Association, have initiated a study to explore safety models and procedures in other sectors for use in the delivery of natural gas and pipeline-transported liquids. The study will complement the investigative initiative of the National Transportation Safety Board and the Department of Transportation’s regulatory initiatives, which currently are under way. The study is expected to be completed as early as February.
No Utility Status for Gathering Lines, Pennsylvania Lawmaker Says
A Pennsylvania lawmaker plans to introduce a bill soon that would prohibit gas gathering companies from becoming public utilities.
National Fuel Gas Expects Marcellus Ramp-Up in FY2012
National Fuel Gas (NFG) continues to bet more chips on the Marcellus Shale.