President

ANGA CEO Hopper Pressured to Resign

Regina Hopper, president and CEO of America’s Natural Gas Alliance (ANGA), one of the top lobbying groups for natural gas in Washington, DC, resigned effective Feb. 28 under pressure from the board.

February 8, 2013

REI CEO Jewell Tapped as Interior Secretary

President Obama Wednesday named Recreational Equipment Inc. (REI) CEO Sally Jewell as his nominee for secretary of the Department of Interior, to succeed Ken Salazar, who is departing at the end of March.

February 7, 2013
McClendon Out, but Chesapeake ‘Not for Sale’

McClendon Out, but Chesapeake ‘Not for Sale’

Energy analysts and the market weighed in Wednesday on the news that natural gas pioneer and industry cheerleader Aubrey K. McClendon, co-founder, CEO and president of Chesapeake Energy Corp., is retiring effective April 1. His departure would end one point of controversy, but it won’t solve the problems facing the producer, according to some.

January 31, 2013

People

Commodity Futures Trading Commissioner (CFTC) Jill Sommers, one of two Republicans at the agency, informed President Obama that she plans to resign at the end of March, more than a year before her current term ends. Sommers, who has not indicated what she may do once she leaves the CFTC, said she wants to remain at the Commission until it approves the last group of Dodd-Frank rules to reform the derivatives market. She and Commissioner Scott O’Malia, the only other Republican, often joined forces to oppose proposals supported by the majority. Sommers joined the CFTC in August 2007 for a term that expired in April 2009. She was renominated by Obama to serve a second term, which is scheduled to end in 2014. “Jill has worked to bring common-sense swaps market reforms to life and to safeguard the integrity of the futures market. [She] has been essential to these…efforts. I wish [her] well in all of her future pursuits,” said CFTC Chairman Gary Gensler. Sommers has worked in the commodity futures and options industry throughout her career. In 2005, she was the policy director and head of government affairs for the International Swaps and Derivatives Association and prior to that she worked in the government affairs office of the Chicago Mercantile Exchange (CME), helping to draft the Commodity Futures Modernization Act of 2000. Since the five-member Commission is limited to three members from a single party and the it currently has three Democrats, Sommers’ successor would have to be a Republican or from another party.

January 28, 2013

Sommers to Resign from CFTC

Commodity Futures Trading Commissioner (CFTC) Jill Sommers, one of two Republicans at the agency, Thursday told President Obama that she plans to resign at the end of the first quarter, more than a year before her current term ends.

January 28, 2013

Industry Brief

Michael Peevey, long-time president of the California Public Utilities Commission (CPUC) is under fire from state utility consumer group The Utility Reform Network (TURN) for allegedly railroading through the commission a research project that could cost private sector energy customers up to another $150 million. TURN is urging state lawmakers to “rein in” Peevey for apparently pushing through CPUC an arrangement between Lawrence Livermore National Laboratory (LLNL) and the state’s major investor-owned utilities to create a cooperative research institute. CPUC plans on Thursday to consider authorizing the utilities to cover research project costs with LLNL of up to $152.19 million.

December 20, 2012

People

Tom Hassenboehler, who has been vice president of policy development and legislative affairs at America’s Natural Gas Alliance (ANGA) since January 2011, is taking over as chief counsel for the Energy and Power Subcommittee of the House Energy and Commerce Committee, which has jurisdiction over controversial energy and environmental issues. Hassenboehler previously worked on Capitol Hill for a decade as counsel for Sen. James Inhofe (R-OK) on the Senate Environmental and Public Works Committee, and as counsel on the House Energy and Commerce panel. He also worked in the offices of former Reps. Billy Tauzin (R-LA) and Bob Riley (R-AL). Hassenboehler will succeed Maryam Brown, who House Speaker John Boehner tapped to be his top energy aide, according to sources. He has a bachelor’s degree and juris doctorate from Louisiana State University.

December 10, 2012

People

Tom Hassenboehler, who has been vice president of policy development and legislative affairs at America’s Natural Gas Alliance (ANGA) since January 2011, is taking over as chief counsel for the Energy and Power Subcommittee of the House Energy and Commerce Committee, which has jurisdiction over controversial energy and environmental issues. Hassenboehler previously worked on Capitol Hill for a decade as counsel for Sen. James Inhofe (R-OK) on the Senate Environmental and Public Works Committee, and as counsel on the House Energy and Commerce panel. He also worked in the offices of former Reps. Billy Tauzin (R-LA) and Bob Riley (R-AL). Hassenboehler will succeed Maryam Brown, whom House Speaker John Boehner tapped to be his top energy aide, according to sources. He has a bachelor’s degree and juris doctorate from Louisiana State University.

December 10, 2012

Time is Ripe for Mexico to Emerge, Open to Competition, Economist Says

With a new president taking the reins of power for a six-year term and the rest of North America undergoing an energy transformation, the time is right for Mexico to use its deep energy resources to become a fully developed nation over the next two decades, a Mexico City economic consultant and former federal official told a Manhattan Institute forum on Monday.

December 5, 2012

Industry Brief

A bill signed by President Obama Tuesday allows for the construction and operation of natural gas pipeline facilities in the New York portion of the Gateway National Recreation Center, a 26,600-acre National Recreation Area in the Port of New York and New Jersey. HR 2606, which was introduced last year by three congressman representing Brooklyn and Queens — Republicans Michael Grimm and Robert Turner, and Democrat Gregory Meeks — was approved by the House and Senate earlier this year. The legislation will allow a new pipeline to be built off of an existing Williams pipeline to replace a 40-60 year old pipe and bring natural gas from New Jersey to Long Island. The pipeline will pass under Jacob Riis Park in the Rockaways portion of Queens and under Jamaica Bay to a new meter and regulator station on Floyd Bennett Field in Brooklyn. The project would generate an estimated $265 million on construction activity and 300 construction jobs, according to Grimm.

November 30, 2012
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