Horizontal drilling and hydraulic fracturing has powered the biggest increase since the 1970s in Alberta oil production from flowing wells outside the northern bitumen sands belt, says the provincial Energy Resources Conservation Board (ERCB).
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Ohio Town OKs ‘Environmental Bill of Rights’
Supporters of an “environmental bill of rights” charter amendment in Mansfield, OH, prevailed at the polls last week, but opponents of the measure fear it could be used beyond its intended purpose — to possibly block wastewater injection wells — and applied to other types of business.
Voters in Mansfield, OH, Approve ‘Environmental Bill of Rights’
Supporters of an “environmental bill of rights” charter amendment in Mansfield, OH, prevailed at the polls on Tuesday, but opponents of the measure fear it could be used beyond its intended purpose — to possibly block wastewater injection wells — and applied to other types of business.
Chilton Urges CFTC to Appeal Position Limits Ruling
International bankers have “temporarily prevailed” on the lawsuit challenging the Commodity Futures Trading Commission’s (CFTC) rule limiting speculative trading in commodity derivatives, but the “struggle isn’t over,” CFTC Commissioner Bart Chilton vowed last Tuesday as trading exchanges backed off their previous plans of altering their own position limit rules.
Chilton Urges CFTC to Appeal, Seek Stay of Decision Vacating Position Limits
International bankers have “temporarily prevailed” on the lawsuit challenging the Commodity Futures Trading Commission’s (CFTC) rule limiting speculative trading in commodity derivatives, but the “struggle isn’t over,” said CFTC Commissioner Bart Chilton Tuesday.
EPA Quits Range Contamination Claim; Texas Regulators Crow
The U.S. Environmental Protection Agency (EPA) has withdrawn the “imminent and substantial endangerment order” that it issued against Range Resources Corp. in December 2010 for alleged methane contamination of water wells in North Texas.
Futures Just Below $4 Ahead of Fresh Storage Data
The sideways chop surrounding the $4 price level in natural gas futures trading prevailed on Wednesday as the May contract ping-ponged between $3.933 and $4.044 before closing out the day’s regular session at $3.955, down two pennies from Tuesday’s finish.
Futures Just Below $4 Ahead of Fresh Storage Data
The sideways chop surrounding the $4 price level in natural gas futures trading prevailed on Wednesday as the May contract ping-ponged between $3.933 and $4.044 before closing out the day’s regular session at $3.955, down two pennies from Tuesday’s finish.
Near-Flat Quotes Dominate; Weekend Looks Much Softer
Flat or close-to-it pricing was almost universal in Thursday’s market, and for a change almost-imperceptible firmness prevailed instead of the mild declines that had dominated trading in the previous two days. The previous day’s screen uptick of 4.9 cents was the chief impetus for arresting the overall slide as forecasts continued to hint that the end of winter was nigh.
Near-Flat Quotes Dominate; Weekend Looks Much Softer
Flat or close-to-it pricing was almost universal in Thursday’s market, and for a change almost-imperceptible firmness prevailed instead of the mild declines that had dominated trading in the previous two days. The previous day’s screen uptick of 4.9 cents was the chief impetus for arresting the overall slide as forecasts continued to hint that the end of winter was nigh.