Outline

The Railroad Commission of Texas (RRC) and the Texas Commission on Environmental Quality (TCEQ) have issued an outline that attempts to clarify the responsibilities of each agency with respect to oil and gas regulation.

Taking the outline from Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler’s comments in early July, the commission said it began implementing new commodity market transparency efforts Friday by disaggregating the data in its weekly Commitments of Traders (COT) reports and releasing, on a quarterly basis, data collected from an ongoing special call on swap dealers and index traders in the futures markets.

Taking the outline from Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler’s comments in early July, the commission said it will begin implementing new commodity market transparency efforts Friday by disaggregating the data in its weekly Commitments of Traders (COT) reports and releasing, on a quarterly basis, data collected from an ongoing special call on swap dealers and index traders in the futures markets.

Some of the state’s biggest stakeholders wasted no time in voicing support for Gov. Arnold Schwarzenegger’s initial outline of his electricity priorities, including support for a core/noncore market structure, more renewable energy use, and long-term contracts for the state’s three private-sector utilities.