Reasonably

June natural gas futures rose Wednesday as analysts observed that the market was holding at current prices reasonably well in spite of predictions of abundant supply. At the closing bell June had gained 1.6 cents to $4.198 and July was up 2 cents to $4.266. June crude oil soared $3.19 to $100.10/bbl.

Republican Sen. James Inhofe of Oklahoma, has requested all of the Environmental Protection Agency’s (EPA) documents related to its investigation of water well contamination in North Texas by Range Resources Corp.

California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.

California has hedged itself reasonably well against the continuing uncertainty of natural gas prices and supplies, but the state needs to foster development of more regional western transmission pipeline and storage infrastructure while also determining the long-term potential for more shale gas, given the adverse environmental impacts it can carry. This is the essence of the natural gas portion of the state’s latest Integrated Energy Policy Report (IEPR), which is predominantly focused on the electricity sector.

Securing a supply of reasonably priced natural gas, which up to now has taken a back seat to its crude oil, will increasingly be viewed as a vital U.S. interest, according to an in-depth study by the Baker Institute Energy Forum.

Securing a supply of reasonably priced natural gas, which up to now has taken a back seat to its crude oil, will increasingly be viewed as a vital U.S. interest, according to an in-depth study by the Baker Institute Energy Forum.

A federal appeals court in Washington, DC, Friday said FERC acted reasonably when it decided to reclassify as unregulated gathering only a portion of the “massive” network of pipeline facilities that Transcontinental Gas Pipe Line Corp. sought to spin down to affiliate Williams Gas Processing-Gulf Coast Co. (WGP).

A federal appeals court in Washington, DC, Friday said FERC acted reasonably when it decided to reclassify as unregulated gathering only a portion of the “massive” network of pipeline facilities that Transcontinental Gas Pipe Line Corp. sought to spin down to affiliate Williams Gas Processing-Gulf Coast Co. (WGP).

A FERC majority yesterday reaffirmed the right of interstatepipelines to “reasonably withhold” their consent for customers topermanently transfer their contract liabilities to third-partyreplacement shippers under capacity releases.