Loophole

EPA Issues Interim Update on Extended, Intensive Fracking Review

The Environmental Protection Agency (EPA) has issued an interim update of 18 studies that have been undertaken in its multi-year review of the potential risks of hydraulic fracturing (fracking) of shale gas wells on public drinking water.

December 24, 2012

Negotiations Under Way for Pennsylvania Shale Gas Fee

Although the dogs are still barking in Pennsylvania, the caravan for imposing a fee on natural gas drillers in the most active shale gas state appears to be moving on.

November 28, 2011

Former New York DEC Chief to Counsel Conservation Group

The former chief of the New York Department of Environmental Conservation (DEC), who was ousted in October by Gov. David Paterson, has joined an environmental conservation group that has questioned the state’s ability to regulate shale gas extraction.

December 15, 2010

Blunder Forces House to Pass CFTC-Related Farm Bill Again

The House last Thursday passed for a second time the $300 billion farm legislation that closes the “Enron Loophole,” which has allowed portions of large electronic trading platforms to circumvent the full oversight of the Commodity Futures Trading Commission (CFTC) for years.

May 26, 2008

House Passes CFTC-Related Farm Bill for Second Time

The House Thursday passed for a second time the $300 billion farm legislation that closes the “Enron Loophole,” which has allowed portions of large electronic trading platforms to circumvent the full oversight of the Commodity Futures Trading Commission (CFTC) for years. Lawmakers were expected to vote later Thursday on Title III of the farm bill, which was inadvertently left out of the first bill sent to President Bush, and which forced the second vote.

May 23, 2008

IECA Favors Oversight of OTC Energy Trading Markets

An industrial energy consumers group has voiced its support for legislation that would close a “substantial part” of a regulatory loophole by giving the Commodity Futures Trading Commission (CFTC) oversight of the over-the-counter (OTC) energy electronic trading market.

October 16, 2006

IECA Seeks FERC Oversight of OTC; Requests Amaranth Investigation

Following up on its call late last month for legislation that would close a “substantial part” of a regulatory loophole by giving the Commodity Futures Trading Commission (CFTC) oversight of the over-the-counter (OTC) energy electronic trading market (see Daily GPI, Sept. 27), the Industrial Energy Consumers of America (IECA) on Friday asked FERC to get involved and to investigate the facts surrounding the downfall of hedge fund Amaranth Advisors LLC in September.

October 16, 2006

IECA Favors Oversight of OTC Energy Trading Markets

An industrial energy consumers group has voiced support for legislation that would close a “substantial part” of a regulatory loophole by giving the Commodity Futures Trading Commission (CFTC) oversight of the over-the-counter (OTC) energy electronic trading market.

October 16, 2006

IECA Seeks FERC Oversight of OTC; Requests Amaranth Investigation

Following up on its call late last month for legislation that would close a “substantial part” of a regulatory loophole by giving the Commodity Futures Trading Commission (CFTC) oversight of the over-the-counter (OTC) energy electronic trading market (see NGI, Oct. 2), the Industrial Energy Consumers of America (IECA) on Friday asked FERC to get involved and to investigate the facts surrounding the downfall of hedge fund Amaranth Advisors LLC in September.

October 16, 2006