Posed

The Interstate Natural Gas Association of America (INGAA), which represents the nation’s major interstate gas pipelines, late Friday submitted answers to 120 questions posed by the Pipeline Hazardous Materials and Safety Administration’s (PHMSA) proposed rulemaking on pipeline safety.

Three researchers at Cornell University say a controversial study, conducted by their colleagues and stating that shale gas activities posed a more serious threat to global warming than coal, contains serious flaws and should be revisited.

Three researchers at Cornell University say a controversial study, conducted by their colleagues and stating that shale gas activities posed a more serious threat to global warming than coal, contains serious flaws and should be revisited.

Three researchers at Cornell University say a controversial study, conducted by their colleagues and stating that shale gas activities posed a more serious threat to global warming than coal, contains serious flaws and should be revisited.

Much like the preceding two weeks, the cash market got off to a strong start Monday. A tropical storm near the northern Bahamas posed essentially no threat to offshore gas, but continuing predictions of hot weather in most of the United States and parts of Canada, along with the previous Friday’s spike of 16.8 cents by prompt-month futures, were plenty bullish to cash traders.

The Interior Department’s Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) Monday issued additional guidance to address questions posed by the new regulations that were imposed on producers following the Macondo well blowout and sinking of the Deepwater Horizon rig in the Gulf of Mexico (GOM) earlier this year (see Daily GPI, April 22).

An article published in the Sunday New York Times points out the security risks posed by natural gas pipelines, focusing on a website (www.cryptome.org) that shows a photo purported to be an exposed natural gas pipeline in New York City near the site of the Republican National Convention.

Due to the uncertainty posed by Tropical Storm Barry, Tennessee has delayed the start of a 500 Line outage until Tuesday. The work previously was set to begin today (see Daily GPI, Aug. 3).

FERC last week approved the proposed merger of Illinova Corp.and Dynegy Inc., saying the $2 billion deal posed no competitiveconcerns. It noted “there is insufficient ‘overlap’ betweenrelevant upstream delivered gas and downstream electricitymarkets…to raise significant competitive concerns.” Also, thetransaction “does not enhance the merged company’s incentive toraise its rivals’ costs because it has a relatively small share ofthe relevant downstream electricity markets.”