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Commissioner Bart Chilton of the Commodity Futures Trading Commission (CFTC), whose name is being tossed about as possible CFTC chairman in the incoming Obama administration, says he agrees that the agency should move aggressively to oversee clearing of credit default swaps (CDS), a form of insurance against the default of debt securities, which have contributed to the tumult in the credit markets.

A bygone era of fierce economic independence is fading into history as Canada’s main natural gas-producing province, acting in the name of industrial efficiency, quietly allows a once-unthinkable transfer of jurisdiction to the federal government.

A bygone era of fierce economic independence is fading into history as Canada’s main natural gas-producing province, acting in the name of industrial efficiency, quietly allows a once-unthinkable transfer of jurisdiction to the federal government.

Houston-based independent Petrohawk Energy Corp., which has made its name in unconventional natural gas production, has hiked its capital budget to $800 million this year from $700 million in 2007. However, the company has delayed the initial public offering of its planned master limited partnership (MLP) because of market conditions.

Quick. Name a female CEO in charge of an oil and gas company in the United States. There may be a handful, but in a business dominated by men, Lisa Stewart stands out.

Quick. Name three female CEOs in charge of oil and gas companies in the United States. Two? In the energy business, Lisa Stewart may be one in at least a thousand.

On a day when a premature subtropical storm off the South Atlantic coast got a name three weeks before the official beginning of hurricane season, mostly softer cash prices were close to flat in virtually all cases Wednesday. Summer-like heat remains elusive outside of the desert Southwest, with highs in the 70s and 80s expected to prevail in almost all other areas Thursday.

In a story in Daily GPI’s Tuesday edition titled “GE Energy Expands Energy Ventures, Adds KMI Retail Assets,” the full name of the entity involved in the transactions is GE Energy Financial Services. It was referred to as “GE Energy” after the first paragraph, which is incorrect.

Although it is not a well known name in the energy industry, NorthernStar Natural Gas Inc. aims to be recognizable by the time in 2010 when it opens its proposed Bradwood Landing liquefied natural gas (LNG) receiving terminal on the Oregon side upriver about 40 miles from the mouth of the Columbia River at the Pacific Ocean-hugging town of Astoria, OR. The next step is a completed draft environmental impact report (EIR) or an announcement on a major source of LNG in the next two to three months, said Gary Coppedge the firm’s president, during an interview with NGI late Thursday.