The Interior Department scored a partial victory last Wednesday when U.S. District Judge Martin Feldman in Louisiana rejected industry allegations that the department exceeded its authority under the Outer Continental Shelf Lands Act (OCSLA) by imposing new permitting requirements for developmental drilling in the western Gulf of Mexico (GOM).
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Judge Strikes Down Industry Challenge to Requirements in Western Gulf
In his first favorable ruling for the Interior Department, U.S. District Judge Martin Feldman in Louisiana rejected industry allegations that the department exceeded its authority under the Outer Continental Shelf Lands Act (OCSLA) by imposing new permitting requirements for developmental drilling in the western Gulf of Mexico (GOM).
Analyst: ‘Abandon Hope All Ye’ of Gas Price Recovery
First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecasts.
Judge Rejects Plea to Dismiss Moratorium Lawsuit
New Orleans U.S. District Judge Martin Feldman, who in June blocked the federal government from enforcing a moratorium on deepwater drilling in the Gulf of Mexico, last Wednesday denied the government’s second attempt to dismiss the lawsuit challenging the six-month moratorium. The Interior Department asked the court to dismiss the industry challenge as moot since the department had revoked the first moratorium that was the target of the June court decision and replaced it with a second moratorium.
Judge Rejects Government’s Plea to Dismiss Moratorium Lawsuit
New Orleans U.S. District Judge Martin Feldman, who in June blocked the federal government from enforcing a moratorium on deepwater drilling in the Gulf of Mexico, Wednesday denied the government’s second attempt to dismiss the lawsuit challenging the six-month moratorium. The Interior Department asked the court to dismiss the industry challenge as moot since the department had revoked the first moratorium that was the target of the June court ruling and replaced it with a second moratorium.
First Energy Analyst: ‘Abandon Hope All Ye’ of Gas Price Recovery
First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecast.
People
Martin L. Allday, chairman of the Federal Energy Regulatory Commission from 1989 to 1993, died last Monday in Austin, TX, at the age of 82. “Chairman Allday was one of the founding fathers of FERC competition policy,” said FERC Chairman Joseph Kelliher. “Under [his] direction, FERC embarked on the restructuring of the interstate natural gas pipeline industry, culminating in 1992 with the landmark Order 636. That rulemaking, which required separation of sales and transportation services on interstate natural gas pipelines, is widely praised for helping usher in…energy market competition.” Allday is survived by his wife, three children and several grandchildren. Former President George Herbert Walker Bush, a close friend of Allday, was one of the pallbearers at the funeral last Thursday.
People
Martin L. Allday, chairman of the Federal Energy Regulatory Commission from 1989 to 1993, died Tuesday in Austin, TX, at the age of 82. “Chairman Allday was one of the founding fathers of FERC competition policy,” said FERC Chairman Joseph Kelliher. “Under [his] direction, FERC embarked on the restructuring of the interstate natural gas pipeline industry, culminating in 1992 with the landmark Order 636. That rulemaking, which required separation of sales and transportation services on interstate natural gas pipelines, is widely praised for helping usher in…energy market competition.” Allday is survived by his wife, three children and several grandchildren. The first President George Bush, a close friend of Allday, will be one of the pallbearers at the funeral Thursday.
Severe Cold Still Around; Prices Dive Anyway
Following a brutally cold and snowy Martin Luther King Day weekend for most of the U.S. and Canada, the forecast looked to be more of the same for the next couple of days before a moderate warm-up begins late this week. But despite the continuation of heavy heating load prices fell Tuesday at all points, including triple-digit plunges at Northeast citygates.
MD Governor Sees Courts as Last Resort to Block LNG Project
Maryland Gov. Martin O’Malley told a House subcommittee last Monday that the state is working within the federal regulatory framework to make known its opposition to AES Corp.’s Sparrows Point liquefied natural gas (LNG) terminal proposed for Baltimore County, MD, but he made clear that Maryland will take legal action to stop the project if necessary.