The Allegheny County (PA) Council has scheduled a hearing for 5 p.m. EST Thursday in Pittsburgh to hear public comment regarding Marcellus Shale natural gas drilling within the county.
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Gas Price Forecasts for 2011 Spiral Lower
Tradition Energy analysts on Tuesday piled on to 2011 consensus outlook by several energy teams regarding U.S. natural gas prices. The possibility that prices may strengthen over the coming months appears “challenging,” they said.
Delaware Commission Again Delays Draft Drilling Rules
For the second time in less than a month the Delaware River Basin Commission (DRBC) has delayed release of proposed regulations that may dictate how portions of the Marcellus Shale are developed. The proposed rules now aren’t expected until November or December.
Pennsylvania Regulators Propose Tough Gas Well Rules
The Pennsylvania Environmental Quality Board (EQB) has approved, by a 14-1 vote, a proposed set of stringent rules regarding how natural gas wells are constructed.
Pennsylvania Governor Calls for Severance Tax Summit
With Pennsylvania’s 2010 legislative session winding down, Gov. Ed Rendell on Friday asked leaders of the General Assembly to gather with him and energy industry leaders in Harrisburg Monday to work on a severance tax on gas produced from the state’s portion of the prolific Marcellus Shale play.
California’s Chief Regulator Blasts Consumer Group
The president of the California Public Utilities Commission (CPUC) Thursday criticized the state’s oldest consumer utility group for its accusations regarding how Pacific Gas and Electric Co. has spent hundreds of millions of dollars designated for past pipeline maintenance work.
PG&E Pipe Repair Looms as Issue, CPUC Probe Says
Questions are mounting regarding Pacific Gas and Electric Co.’s (PG&E) overall maintenance and repair of its natural gas transmission pipeline system going into the second week of investigation following the pipeline blast that killed at least four people, leveled or badly damaged up to 50 homes and devastated a wider area of more than 300 homes that were evacuated for days following the Sept. 9 tragedy (see Daily GPI, Sept. 13).
Investor Coalition Asks Producers to Disclose Spill Prevention Plans
A coalition of more than 50 major U.S. and global investors on Thursday sent letters to 27 oil and natural gas producers asking them to disclose information regarding their risk oversight measures for offshore operations, including spill prevention and response plans.
‘Noise’ Continues to Surround RBS Sempra Trading Unit Sale
Speculation continues unabated regarding the fate of RBS Sempra Commodities, which has been close to a deal to dispose of the 51% interest of the Royal Bank of Scotland (RBS) in its joint venture trading operation with San Diego-based Sempra Energy. Sempra appeared to be further away on Tuesday from making an announcement on the sale of the bank’s share, which Sempra has first-rights to obtain itself.
‘Noise’ Continues to Surround RBS Sempra Trading Unit Sale
Speculation continues unabated regarding the fate of RBS Sempra Commodities, which has been close to a deal to dispose of the 51% interest of the Royal Bank of Scotland (RBS) in its joint venture trading operation with San Diego-based Sempra Energy. Sempra appeared to be further away on Tuesday from making an announcement on the sale of the bank’s share, which Sempra has first-rights to obtain itself.