Prices declined by major amounts Tuesday as Tropical Storm Alex refused to become a hurricane and appeared determined to make landfall in northeastern Mexico, well clear of the Gulf of Mexico (GOM) production area. Also, heat levels, while still fairly warm in the southern U.S., had receded to some extent since last week.
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Anadarko Prevails in High Court Challenge
Anadarko Petroleum Corp. — and a host of other producers — scored a major victory last week after the U.S. Supreme Court refused to consider a government challenge to lower court decisions that have blocked the Department of Interior (DOI) from collecting billions in deepwater Gulf of Mexico (GOM) natural gas and oil royalties.
Anadarko Prevails in High Court Challenge
The Supreme Court on Monday handed Anadarko Petroleum Corp. a major victory when justices refused to consider a government challenge to lower court decisions that have blocked the Department of Interior (DOI) from collecting billions in deepwater Gulf of Mexico (GOM) natural gas and oil royalties.
Islander East Pipe Strikes Out at Supreme Court
The U.S. Supreme Court last Monday refused to hear an appeal of a lower court’s decision that let stand Connecticut’s denial of a water quality permit for the proposed Connecticut-to-Long Island Islander East Pipeline. While the “legal route for this project has ended,” the sponsors plan to look at possible alternatives, a Spectra Energy Corp. spokeswoman said.
Islander East Pipe Strikes Out at Supreme Court
The U.S. Supreme Court Monday refused to hear an appeal of a lower court’s decision that let stand Connecticut’s denial of a water quality permit for the proposed Connecticut-to-Long Island Islander East Pipeline. While the “legal route for this project has ended,” the sponsors plan to look at possible alternatives, a Spectra Energy Corp. spokeswoman said.
FERC Denies Stay of PCB Refund Settlement Conference
FERC has refused to stay an order convening a settlement conference on refunds of unused funds that Tennessee Gas Pipeline collected to remediate hazardous contamination on its system.
Maryland Denies Sparrows Point LNG’s Bid for CZMA Consistency
Because AES Corp. refused the state of Maryland’s request to stay the federal consistency review of its proposed Sparrows Point liquefied natural gas (LNG) terminal, the Maryland Department of the Environment (MDE) has denied the developer’s request for a finding that the project is consistent with the state’s Coastal Zone Management Program (CZMP).
Maryland Denies Sparrows Point LNG’s Bid for CZMA Consistency
Because AES Corp. refused the state of Maryland’s request to stay the federal consistency review of its proposed Sparrows Point LNG terminal, the Maryland Department of the Environment (MDE) has denied the developer’s request for a finding that the project is consistent with the state’s Coastal Zone Management Program (CZMP).
Long Beach LNG Sponsors Seek Court, FERC Action
Spurned last month by a harbor commission board that refused to complete several years of environmental review work, the sponsors of the proposed liquefied natural gas (LNG) receiving terminal in Long Beach (CA) harbor Thursday asked a state Superior Court in Los Angeles to force the port to complete the job it took on jointly with FERC more than three years ago.
Flatness Dominant, But Midcontinent, West Soften
Day-earlier futures pointed the way for the cash market most of last week, but in most cases Friday prices refused to go along with Thursday’s 6.1-cent screen gain. Instead they bowed to the reality of light weather-based demand, abundant storage inventories and the drop in industrial load that is typical of a weekend market.