FERC Friday gave Dominion Transmission Inc. (DTI) the go-ahead to place into service its Appalachian Gateway pipeline, which will loosen a bottleneck to allow for the transportation of shale and conventional natural gas production from West Virginia and southwestern Pennsylvania to growing markets in the Mid-Atlantic and Northeast. The facilities were to begin service on Saturday (Sept. 1), said DTI spokesman Dan Donovan.
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CFTC Proposes to Modify Combining of Trades Under Position Limits Rule
Responding to pleas from commercial energy companies, the Commodity Futures Trading Commission (CFTC) Friday proposed to loosen restrictions on the aggregation of speculative trades under its position limits rule. Under the rule as initially stated companies would have to aggregate with its own all the trades of any entities in which it had more than a 10% interest.
CFTC Proposes Combining Trades Under Position Limits Rule
Responding to pleas from commercial energy companies, the Commodity Futures Trading Commission (CFTC) Friday proposed to loosen restrictions on the aggregation of speculative trades under its position limits rule. Under the rule as initially stated companies would have to aggregate with its own all the trades of any entities in which it had more than a 10% interest.
Washington Post Calls for More Oil, Gas Drilling in U.S. Waters
A Washington Post editorial last Tuesday called on U.S. lawmakers to loosen some of the restrictions on oil and natural gas exploration and drilling in offshore regions that have been off limits to producers for years.
Washington Post Calls for More Oil, Gas Drilling in U.S. Waters
A Washington Post editorial Tuesday called on U.S. lawmakers to loosen some of the restrictions on oil and natural gas exploration and drilling in offshore regions that have been off limits to producers for years.
Proposed Market-Based Rates for Storage Stir Up Conflicting Comments
FERC’s proposal to loosen the rules for granting market-based rates for new natural gas storage projects, with the goal of speeding an increase in storage capacity and thereby mitigating market peaks and valleys and consequently price volatility, has brought a storm of comments from interested parties on how the rules should be written.