The 2012 Atlantic hurricane season, which officially begins June 1, will have “reduced activity” compared with 1981-2010 averages, according to forecasters at Colorado State University (CSU). A quiet hurricane season could provide some solace to the nation’s energy interests, which saw relatively warm weather crush demand and prices last winter.
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CSU Forecasters Expect ‘Reduced’ Atlantic Hurricane Activity
The 2012 Atlantic hurricane season, which officially begins June 1, will have “reduced activity” compared with 1981-2010 averages, according to forecasters at Colorado State University (CSU).
Pennsylvania Impact Fee Becomes Law
Pennsylvania is on its way to officially charging a fee for Marcellus Shale drilling. Gov. Tom Corbett signed House Bill 1950 last Monday, giving shale gas-rich counties in the state the ability to impose a 15-year impact fee on unconventional gas wells; now it’s up to the locals.
Pennsylvania Governor Signs Impact Fee Into Law
Pennsylvania is on its way to officially charging a fee for Marcellus Shale drilling. Gov. Tom Corbett signed House Bill 1950 on Monday evening, giving shale gas-rich counties in the state the ability to impose a 15-year impact fee on unconventional gas wells; now it’s up to the locals.
Pennsylvania Impact Fee Becomes Law Following Three-Year Slog
Pennsylvania is on its way to officially charging a fee for Marcellus Shale drilling. Gov. Tom Corbett signed House Bill 1950 on Monday evening, giving shale gas-rich counties in the state the ability to impose a 15-year impact fee on unconventional gas wells; now it’s up to the locals.
Deepwater Lucius Project Gets Green Light
Anadarko Petroleum Corp. and its partners on Thursday officially sanctioned the promising Lucius project in Keathley Canyon (KC), a region in the deepwater Gulf of Mexico (GOM) that is attracting some of the top explorers in the world.
Deepwater Lucius Project Gets Green Light
Anadarko Petroleum Corp. and its partners on Thursday officially sanctioned the promising Lucius project in Keathley Canyon (KC), a region in the deepwater Gulf of Mexico (GOM) that is attracting some of the top explorers in the world.
Nearly All Points Dip as Bearish Factors Grow
The last day of summer saw lower prices at all but a few locations Thursday. Although the season doesn’t officially start until Friday, fall-like weather was already in place for many market areas. The previous day’s drop of 6.8 cents by October futures, restrictions to avoid packing pipeline (particularly those serving the Northeast), and further evidence that storage injection options are quickly fading added to the overall bearishness.
FERC Vacates Weaver’s Cove Certificate
FERC Wednesday officially vacated the certificate approving the Weaver’s Cove Energy LLC liquefied natural gas (LNG) import terminal and associated facilities proposed for Fall River, MA.
Hurricanes Could Hit Gulf Coast Hard, Forecaster Says
When the 2011 Atlantic hurricane season officially begins Wednesday (June 1), it will usher in five months of active tropical storm production, including a “significant threat for hurricane landfall” in the Gulf of Mexico (GOM), forecasters at Andover, MA-based WSI Corp. said last week.