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An Upstate New York business advocacy group on Tuesday called for state officials to lift the moratorium on unconventional natural gas drilling in the Southern Tier, part of its broad-based prescription to deliver tax relief and stimulate job growth.

Domestic unconventional natural gas and oil production is increasing household incomes, boosting trade and contributing to an increase in U.S. competitiveness in the world economy, IHS Inc. said Wednesday.

Physical natural gas traded for Thursday delivery on average gained 3 cents overall in Wednesday’s trading. In the Great Lakes, market points traded within a few pennies of unchanged, but Rocky Mountain locations added up to a nickel. Major market hubs were mixed.

Domestic unconventional natural gas and oil production is increasing household incomes, boosting trade and contributing to an increase in U.S. competitiveness in the world economy, IHS Inc. said Wednesday.

Mild summer temperatures have masked bullish signals for the U.S. natural gas market, with industrial demand aggressively growing and net imports dropping more steeply than expected, according to Barclays Capital. However, onshore natural gas production still is on the upswing and likely will dictate prices.

With the 2013 natural gas storage refill season still humming along with weekly injections that are higher than historical comparisons, it is important to remember that storage levels and available capacity for working natural gas, or natural gas that is used for withdrawal, respond to a different set of factors in each region, according to the Energy Information Administration (EIA).

The Securities and Exchange Commission (SEC) said it will not appeal a federal court’s decision that vacated and remanded a Dodd-Frank rule that would have required publicly traded producers to report to the agency how much they pay foreign governments for to commercially develop oil, natural gas and minerals.

The Competitive Enterprise Institute (CEI) has lifted a famous tune from America’s folk music songbook and is using it to lampoon The Dow Chemical Co.’s opposition to exporting liquefied natural gas.

Madison, WI-based Alliant Energy Corp. said Tuesday it was getting out of the energy utility distribution business in Minnesota, selling its natural gas and electric systems in separate transactions.