President Obama in his annual State of the Union speech Tuesday night, for the first time issued a strong call for development of domestic natural gas and oil as part of “an all-out, all-of-the-above strategy that develops every available source of American energy.”
Meeting
Articles from Meeting
Swaps Data, Record Keeping Rules Clear CFTC
At its final meeting of the year in December, the Commodity Futures Trading Commission (CFTC) unanimously approved two final rules that require market participants to report transaction data in a real-time fashion, and to report swap data when the transaction is first executed and over the lifetime of the swap.
Swaps Real-Time Reporting, Record Keeping Rules Clear CFTC
At its final meeting of the year, the Commodity Futures Trading Commission (CFTC) Tuesday unanimously approved two final rules that require market participants to report transaction data in a real-time fashion, and to report swap data when the transaction is executed and over the lifetime of the swap.
Canada Sets Gas Transport Push; Better Technology Emerges
Canadian and industry officials met in Ottawa earlier this month to launch a road map to expand the use of natural gas as a transportation fuel across the country.
West Virginia Senate Unanimously Passes Marcellus Shale Bill
The West Virginia state Senate unanimously approved Gov. Earl Ray Tomblin’s version of a Marcellus Shale regulatory reform bill on Tuesday by a 33-0 vote.
Houston Company Makes Big Find in Alaska
Houston-based Escopeta Oil Co. LLC’s discovery of an estimated 3.5 Tcf of natural gas in Alaska’s Cook Inlet could be the region’s biggest discovery in decades and could go a long way toward meeting the heading and power generation demand in the state’s Southcentral region.
DRBC to Consider Revised Gas Drilling Rules Later this Month
The Delaware River Basin Commission (DRBC) later this month plans to consider adopting water quality regulations that would apply to all natural gas development projects in the basin, including the construction and operation of all gas wells, regardless of the target geologic formation, whether a well is for production or exploration, or whether high-volume or low-volume hydraulic fracturing (fracking) is being considered.
Houston Company Makes Big Find in Alaska
Houston-based Escopeta Oil Co. LLC’s discovery of an estimated 3.5 Tcf of natural gas in Alaska’s Cook Inlet could be the region’s biggest discovery in decades and could go a long way toward meeting the heading and power generation demand in the state’s Southcentral region.
Tea Party’s Paul Urged to Release Pipe Safety Bill
After meeting with members of the National Transportation Safety Board (NTSB) last Wednesday, Tea party conservative Sen. Rand Paul (R-KY) called on the Senate to incorporate recommendations from the NTSB’s probe of the San Bruno, CA, explosion in its pipeline safety reauthorization legislation, including removing a provision in the current bill that would grandfather older pipelines from having to install certain safety devices.
Senate Urged to Include NTSB Proposals in Pipe Safety Bill
After meeting with members of the National Transportation Safety Board (NTSB) Wednesday, Tea party conservative Sen. Rand Paul (R-KY) called on the Senate to incorporate recommendations from the NTSB’s probe of the San Bruno, CA, explosion in its pipeline safety reauthorization legislation, including removing a provision in the current bill that would grandfather older pipelines from having to install certain safety devices.