Praise

Groups representing the oil and gas industry said they backed the vote by Congress to repeal a rule by the Interior Department’s Bureau of Land Management (BLM) that called for revisions to its resource management planning process.

Corbett wants an impact fee, but his proposal is closer to the House version. Still, following the Senate vote, he offered limited praise for the measure, calling it “a significant step forward toward finalizing a strong and sensible Marcellus Shale legislative package…While productive discussions are ongoing and continue to resolve the various issues related to the Marcellus Shale, [Wednesday’s] action reaffirms the strong commitment of the Senate to achieve out common goals of safe and responsible natural gas development in Pennsylvania.”

The praise from the West was loud and strong Wednesday in support of President-elect Obama’s energy and environment team. The Western Governors’ Association (WGA) pledged to work closely with team members, and San Francisco-based Pacific Gas and Electric Co. (PG&E) said the selections indicated an “ambitious and important agenda.”

Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).

Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).

Western industry stakeholders heaped mostly praise on the 2005 Energy Policy Act Monday, following President Bush’s signing of the legislation. California’s governor, the state’s largest electric utility and the federal government’s large regional electricity marketer/transporter in the Pacific Northwest all issued initial reactions.

Despite Equitable Resources’ lower fourth quarter earnings for 2001 when compared to the similar quarter of 2000, UBS Warburg’s Ronald Barone rated the Pittsburgh-based company a ‘strong buy’ due in part to its “significant collar/hedge position,” which will likely mitigate a substantial part of its exposure to the “ongoing weakness in natural gas prices.”

The goal won praise but the means failed to draw support when Arctic Resources Co. unveiled the most detailed version yet of its proposal for combined transportation of natural gas from Alaska and Canada’s Northwest Territories. Territorial Premier Stephen Kakfwi described the Arctic plan as mostly a distraction.

The goal won praise but the means failed to draw support when Arctic Resources Co. unveiled the most detailed version yet of its proposal for combined transportation of natural gas from Alaska and Canada’s Northwest Territories. Territorial Premier Stephen Kakfwi described the Arctic plan as mostly a distraction.