Regarding

San Bruno Mediation Stumbles

Former Sen. George Mitchell will not mediate talks to resolve enforcement cases against Pacific Gas and Electric Co. (PG&E) regarding the natural gas pipeline explosion in San Bruno, CA, in September 2010, as had been previously announced by the California Public Utilities Commission (CPUC), the regulator said Friday.

October 29, 2012

Free Trade Market Said Ready for U.S. LNG Exports

While the excitement mounts regarding the fate of a number of proposed U.S. liquefied natural gas (LNG) export projects, the CFOs of three companies with projects on the line said last week a good market exists among free trade agreement (FTA) nations, some in North America’s backyard.

September 24, 2012

Free Trade Nations Ready for U.S. LNG Exports

While the excitement mounts regarding the fate of a number of proposed U.S. liquefied natural gas (LNG) export projects, the CFOs of three companies with projects on the line said Wednesday that a good market exists among free trade agreement (FTA) nations, some right in North America’s backyard.

September 21, 2012

New Mexico Supreme Court Upholds Producers on Tax

The New Mexico Supreme Court on Friday sided with a challenge from ConocoPhillips and Burlington Resources Oil and Gas Co. regarding royalties they allegedly owed from past oil and natural gas production on state lands.

August 28, 2012

CFTC Issues Guidance for Foreign Transactions Impacting the U.S. Market

The Commodity Futures Trading Commission (CFTC) Friday approved for public comment proposed interpretive guidance regarding the cross-border application of the swaps provisions of portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Commission’s regulations.

July 2, 2012

CFTC Sets Rules for Foreign Transactions Impacting U.S. Market

The Commodity Futures Trading Commission (CFTC) Friday approved for public comment proposed interpretive guidance regarding the cross-border application of the swaps provisions of portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and the Commission’s regulations.

July 2, 2012

EIA Sees Shale Boosting U.S. Gas Production Through 2035

United States natural gas production is expected to increase every year through 2035 thanks to increased shale development, according to the U.S. Energy Information Administration’s (EIA) complete version of the Annual Energy Outlook 2012 (AEO2012). Just as the preliminary report released in January found (see Shale Daily, Jan. 24), the EIA also believes the United States will transition from being a net importer to a net exporter of natural gas in approximately nine years.

June 27, 2012

State Oil and Gas Official Contradicts Wyoming Governor

Wyoming’s state oil/gas supervisor found himself Wednesday cross ways with Gov. Matt Mead regarding the continuing multi-governmental scrutiny of the federal Environmental Protection Agency’s (EPA) two test water wells in natural gas fields near Pavillion, WY. EPA initially identified a possible link between hydraulic fracturing (fracking) and local drinking water contamination.

June 15, 2012

California Legislature Moves One Fracking Bill; Another Idle

While other proposals regarding hydraulic fracturing (fracking) stayed immobile, the California Senate Natural Resources Committee on Tuesday moved on a strictly partisan vote of 5-3 a proposed bill (SB 1054) that would require exploration and production (E&P) companies to notify surrounding property owners of their plans to employ fracking ahead of starting work. The industry is opposed to pre-notification on proprietary grounds.

April 13, 2012

Colorado: Jurisdiction Battle Over Fracking Unfolds

With at least two cities having passed ordinances banning hydraulic fracturing (fracking) until local rules for it can be established, state legislation has been proposed (SB 88) to reiterate that the Colorado Oil and Gas Conservation Commission (COGCC) has jurisdiction to oversee the practice by oil/gas exploration and production (E&P) companies.

February 15, 2012