With Oregon’s natural gas storage at its lowest level since 2003, three of the state’s gas providers told regulators this week they expect gas prices to head higher this fall.
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CNG Vehicle, Station Rollout Continues in Multiple States
Clean Energy Fuels Corp. continues to make progress toward wider commercialization of natural gas vehicles with projects in Florida, Kentucky, Texas, Oklahoma and California.
Pennsylvania Attorney General, XTO Trade Barbs as Spill Case Continues
Pennsylvania Attorney General Kathleen Kane’s office has fired back at ExxonMobil Corp. subsidiary XTO Energy Inc., saying in a court filing that the company’s efforts to dismiss criminal charges against it are “nothing more than weak attempts to obfuscate the truth.”
Chesapeake to be Tried in Michigan for Alleged Auction Bid Rigging
Chesapeake Energy Corp. is facing a criminal trial for allegedly rigging a Michigan lease sale in 2010 with competitor Encana Corp.
Murkowski Presses Commerce Department to Allow Condensate Exports
U.S. Sen. Lisa Murkowski (R-AK) has renewed her call for expanding exports of crude oil condensates, saying the U.S. Commerce Department should align itself with the practices of a half-dozen other federal agencies that differentiate between crude and condensate.
U.S. Onshore Rig Efficiencies, Production Rates to Improve Even More, Says S&P
U.S. land drillers have increased “only modestly” the number of rigs used from a year ago, but more efficient designs are resulting in more production, a trend likely to continue, a Standard & Poor’s Ratings Services (S&P) analyst is forecasting.
Republicans Propose EPA Funding Cuts, Ban on Emissions Rules
Republicans in the U.S. House of Representatives unveiled a spending bill Tuesday that slashes funding for the Department of Interior (DOI) and the Environmental Protection Agency (EPA), and includes a provision barring the EPA from working on any rule to limit emissions from power plants.
KKR, Riverstone Create Barnett-Rich E&P
Two private equity giants are merging some energy assets to form Trinity River Energy LLC, an exploration and production (E&P) operator that would have a big presence in the venerable Barnett Shale.
Pennsylvania To Study Link Between Fracking, Earthquakes
The Pennsylvania Department of Environmental Protection (DEP) is considering examining the link between horizontal hydraulic fracturing (fracking) and seismic activity after Ohio recently tied a series of small earthquakes to stimulation operations at a well near the state border and issued new permitting requirements for wells near fault lines.
Industry Brief
FERC has given Cameron LNG LLC the go-ahead to begin site preparation work for its planned Cameron Liquefaction Project in Louisiana’s Cameron and Calcasieu parishes. Cameron LNG has received all federal authorizations; committed to uniform traffic control, if needed; and plans to comply with environmental condition 20 (filing a traffic control plan) in October, prior to heavy project traffic affecting LA-27, the Federal Energy Regulatory Commission said in a letter dated July 9. Sempra Energy would have an indirect 50.2% ownership interest, with the remaining portion owned by affiliates of GDF Suez SA, Mitsubishi Corp. (through a related company jointly established with Nippon Yusen Kabushiki Kaisha) and Mitsui & Co. Ltd., each with 16.6% stakes. FERC approved the liquefaction project in June (see Daily GPI,June 19).