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Legislation Targeting Natural Gas Industry Fails in West Virginia

A long list of legislation that targeted the natural gas industry in West Virginia failed to receive enough support from lawmakers before they adjourned last Saturday. However, the House of Delegates enacted a series of resolutions, perhaps offering a glimpse of things to come.

April 17, 2013

Industry Brief

A report soon to be filed with the Pennsylvania Department of Environmental Protection (DEP) by Cabot Oil and Gas Corp. indicates that none of the allegations made against the company by a whistle blower “are resulting in any impact to health or human safety,” Cabot spokesman George Stark told NGI’s Shale Daily. Scott Ely, a former employee of Cabot subsidiary GasSearch Drilling Services (GDS), has alleged that the company failed to report drilling wastewater spills and other mishaps in Susquehanna County, PA, during his two years at GDS. The report, which is in the hands of Cabot’s attorneys, will probably be handed over to DEP by the end of the month, Stark said. Ely was one of the 20 plaintiffs in a complaint against Cabot and the DEP which was settled when an Environmental Hearing Board judge on Wednesday refused to force the company to continue water deliveries in Dimock Township, PA (see Shale Daily, Dec. 2).

December 5, 2011

House Committee Considers Changes to Dodd-Frank

None of the legislation to amend Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act being considered by the House Agriculture Committee “proposes dramatic changes to Dodd-Frank,” according to committee Chairman Frank Lucas (R-OK).

October 13, 2011

Common Causes Ruled Out in PG&E Pipeline Failure

The Pacific Gas and Electric Co. (PG&E) San Bruno pipeline rupture last year was caused by none of the usual suspects when it comes to high-pressure natural gas transmission pipeline failures, the National Transportation Safety Board (NTSB) made clear in its final report adopted by the five-member panel in Washington, DC, Tuesday (see Daily GPI, Aug. 31).

September 1, 2011

Pittsburgh Could Vote on Drilling Ban This Fall

The Pittsburgh City Council voted 6-3 on Monday to add a referendum to the fall ballot that, if approved by voters, would amend the city charter with a ban on all commercial natural gas extraction inside the city limits.

August 4, 2011

WSI Still Expects Eight Hurricanes This Year

Nearly two months into the 2011 Atlantic hurricane season three named storms have formed and none of them have seriously threatened energy interests, but forecasters at Andover, MA-based WSI Corp. say they still expect 15 named storms, including eight hurricanes, four of them Category Three or greater — the same as the 1995-2010 average — to form this year.

July 27, 2011

Rest of Market Finally Joins Northeast in Rising Prices

Something that the market had seen almost none of for quite a long time — higher prices across the board — occurred Wednesday.

January 13, 2011

Modest Gains Prevail in Mostly Flat Market

It was kind of a doldrums-type market Thursday, with flat quotes at many points and none of the other ones straying more than about a nickel up or down. Spotty returns of chillier weather in some areas, along with the previous day’s futures uptick of 4.3 cents, assured that small gains handily outweighed the rare small loss.

March 12, 2010

Modest Gains Prevail in Mostly Flat Market

It was kind of a doldrums-type market Thursday, with flat quotes at many points and none of the other ones straying more than about a nickel up or down. Spotty returns of chillier weather in some areas, along with the previous day’s futures uptick of 4.3 cents, assured that small gains handily outweighed the rare small loss.

March 12, 2010

Marketer Advises Buyers to Stick to Their ‘Philosophy’

In a market environment where the only certainty is that there is none, natural gas wholesale buying requires a philosophy that is constantly reviewed and reiterated to organizational leaders, said Val Trinkley, general manager of EnergyUSA, speaking at GasMart 2008 in Chicago Thursday. The energy marketer with NiSource conducted a workshop on “Natural Gas Risk Management — Developing a Strategy.”

May 27, 2008
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