Overhaul

Democrats on the Senate Banking Committee were expected to hold a vote late Monday on legislation to overhaul the financial regulatory system. The bill was likely to include Committee Chairman Christopher Dodd’s (D-CT) existing proposal on regulation of the nearly $500 trillion over-the-counter (OTC) derivatives market. Sens. Jack Reed (R-RI) and Judd Gregg (D-NH) — whom Dodd had tasked with the responsibility of crafting substitute language on OTC derivatives regulation — said Friday they failed to reach agreement.

The legislative language on regulation of the over-the-counter (OTC) derivatives market remains a question mark as the Senate Banking Committee heads into mark-up of a measure proposing major reform of the financial regulatory system.

Oklahoma Democrat Rep. Dan Boren is blasting Interior Secretary Ken Salazar’s plans to overhaul the onshore leasing operations at the Bureau of Land Management (BLM), which he called “job killing,” and said he was offended by Salazar’s “kings of the world” rhetoric that was used to describe natural gas and oil producers.

The House Financial Services Committee last Thursday approved by a wide margin a measure that calls for sweeping overhaul of the $500 trillion-plus over-the-counter (OTC) derivatives market.

The House Financial Services Committee Thursday approved by a wide margin a measure that calls for sweeping overhaul of the $500 trillion-plus over-the-counter (OTC) derivatives market.

Colorado Gov. Bill Ritter last week was set to sign into law landmark regulations that overhaul rules for the state’s natural gas and oil drillers after the Colorado General Assembly officially approved the package on Wednesday.

In the next few days, Colorado Gov. Bill Ritter is expected to sign into law landmark regulations that overhaul rules for the state’s natural gas and oil drillers after the Colorado General Assembly officially approved the package on Wednesday.

TransCanada Corp. is preparing an overhaul and expansion of northwestern Canadian pipeline service that will knit Alberta and British Columbia (BC) into a natural gas common market, with producers driving the changes and provincial authorities cooperating.

TransCanada Corp. is preparing an overhaul and expansion of northwestern Canadian pipeline service that will knit Alberta and British Columbia (BC) into a natural gas common market, with producers driving the changes and provincial authorities cooperating.