FERC Thursday denied rehearing of a November 2007 order on remand in which it declared Transcontinental Gas Pipe Line’s (Transco) pipeline network located onshore and offshore Louisiana to be transmission in nature and thus subject to agency jurisdiction.
November
Articles from November
Colorado Governor to Push for Higher Energy Taxes
Colorado Gov. Bill Ritter on Thursday said he will push for a ballot measure this November to levy higher severance taxes on oil and natural gas development to fund college scholarships and protect wildlife habitat. The initiative needs 76,047 registered voters’ signatures before it is put on the ballot.
Brunswick Pipe to Serve Canaport LNG Hits NEB Snag
Even though Emera’s Brunswick Pipeline has been under construction since November 2007, the project was dealt a small blow early last week when Canada’s National Energy Board (NEB) decided to reject a portion of the pipeline route based on the objection of Galbraith Construction Ltd. and Galbraith Equipment Co. Ltd.
Brunswick Pipeline to Serve Canaport LNG Hits NEB Routing Snag
Even though Emera’s Brunswick Pipeline has been under construction since November 2007, the project was dealt a small blow Monday when Canada’s National Energy Board (NEB) decided to reject a portion of the pipeline route based on the objection of Galbraith Construction Ltd. and Galbraith Equipment Co. Ltd.
New York LNG Backer Sues to Block MARAD Decision
Atlantic Sea Island Group LLC last week sued to stay a November decision by the U.S. Maritime Administration (MARAD) granting New Jersey “adjacent coastal state” designation in the federal review of Safe Harbor Energy, a proposed liquefied natural gas (LNG) terminal.
New York LNG Backer Sues to Block MARAD Decision
Atlantic Sea Island Group LLC Wednesday sued to stay a November decision by the U.S. Maritime Administration (MARAD) granting New Jersey “adjacent coastal state” designation in the federal review of Safe Harbor Energy, a proposed liquefied natural gas (LNG) terminal.
Anadarko to Lease Arkansas Properties in First-of-Its-Kind Sale
Borrowing a page from federal officials, Anadarko Petroleum Corp. has selected the Oil & Gas Asset Clearinghouse to host a lease sale auction in November to market all of its unleased holdings in Arkansas.
Only One Point Avoids Softer Pricing
Forecasts of moderate to cool weather in many areas, the previous day’s 8.4-cent decline in November futures and the loss of industrial load over a weekend led to price declines at all but one point Friday. With Questar’s Clay Basin storage facility shut in for testing through the middle of this week, Rockies quotes once again took the biggest hits.
Natural Gas Follows Petroleum Higher; Trader Sees Market Bottom
October natural gas futures staged a late-session rally Wednesday and finished at the high end of the day’s trading range. October rose 17.6 cents to settle at $5.805, and the November contract added 11.4 cents to finish at $6.690.
Gas and Power to Remain Locked in Volatile Dance, Says Analyst
Between now and November 2008, natural gas prices are expected to remain within a $5-10 band, according to Pace Global Energy Services. However, developments in the power and gas sectors suggest excursions from that trend could range from a low of $2.50 to a high of $20/MMBtu, said Art Holland, Pace director of power and forecasting. Such wide travel in prices is quite unlikely but possible, he said.