In the article “Bison Pipeline is Back and Eyeing Growth” (see NGI, Oct. 17), NGI misquoted Todd Johnson, TransCanada’s marketing director for U.S. Pipelines West, in his remarks regarding the company’s restart of the Bison natural gas pipeline following a rupture in July. For the record, TransCanada provided the following statement: “TransCanada worked closely with the Pipeline Hazardous Materials and Safety Administration (PHMSA) in the aftermath of the incident to identify what actions would need to be taken in order to safely return the pipeline to service at its approved maximum allowable operating pressure. Among other things, TransCanada conducted an inline inspection of the entire length of the pipe and provided the data and analysis to PHMSA. PHMSA worked diligently with the TransCanada team and the information provided and concluded that as of noon Saturday, October 8, Bison could safely lift its force majeure condition and return to full service at its original maximum allowable operating pressure.” NGI regrets the error.
Remarks
Articles from Remarks
Correction
In the article “Bison Pipeline is Back and Eyeing Growth” (see Daily GPI, Oct. 17), NGI misquoted Todd Johnson, TransCanada’s marketing director for U.S. Pipelines West, in his remarks regarding the company’s restart of the Bison natural gas pipeline following a rupture in July. For the record, TransCanada provided the following statement: “TransCanada worked closely with the Pipeline Hazardous Materials and Safety Administration (PHMSA) in the aftermath of the incident to identify what actions would need to be taken in order to safely return the pipeline to service at its approved maximum allowable operating pressure. Among other things, TransCanada conducted an inline inspection of the entire length of the pipe and provided the data and analysis to PHMSA. PHMSA worked diligently with the TransCanada team and the information provided and concluded that as of noon Saturday, October 8, Bison could safely lift its force majeure condition and return to full service at its original maximum allowable operating pressure.” NGI regrets the error.
Pickens: NAT GAS Act Will Pass This Year
Independent oil billionaire T. Boone Pickens said last week he was heartened by President Obama’s remarks on energy security and predicted the New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act) would pass Congress with strong bipartisan support and be signed into law by Obama by year-end.
Pickens Predicts NAT GAS Act Passage This Year
Independent oil billionaire T. Boone Pickens said Wednesday he was heartened by President Obama’s remarks on energy security and predicted the New Alternative Transportation to Give Americans Solutions Act (NAT GAS Act) would pass Congress with strong bipartisan support and be signed into law by Obama by year-end.
BP Says Coal-Related Comments Taken Out of Context
The United Mine Workers of America (UMWA) has called for a boycott of BP plc-related products following some remarks Tuesday by CEO Tony Hayward. However, the chief executive wasn’t slamming coal when he said natural gas needs to be a bigger part of the energy picture in the United States, a spokesman told NGI Thursday.
BP Says Coal-Related Comments Taken Out of Context
The United Mine Workers of America (UMWA) has called for a boycott of BP plc-related products following some remarks Tuesday by CEO Tony Hayward. However, the chief executive wasn’t slamming coal when he said natural gas needs to be a bigger part of the energy picture in the United States, a spokesman told NGI Thursday.
CFTC Meets Thursday to Consider Position Limits Rule
The Commodity Futures Trading Commission (CFTC) said it will hold a public meeting Thursday (Jan. 14) to consider issuing a much-anticipated proposed rule on energy position limits and hedge exemptions on regulated futures exchanges, derivatives transaction execution facilities and electronic trading facilities.
NGI The Weekly Gas Market Report
Devon’s Nichols Sees Depressed Gas Prices through Summer
Echoing remarks by energy analysts, Devon Energy Corp. CEO J. Larry Nichols last week said weak demand should continue to push down natural gas prices through the summer. About 60% of the Oklahoma City-based independent’s production is natural gas.
Devon CEO Expects Depressed Gas Prices through Summer
Echoing remarks by energy analysts, Devon Energy Corp. CEO J. Larry Nichols said Wednesday that weak demand should continue to push down natural gas prices through the summer. The Oklahoma City-based independent has about 60% of its production tied to gas.
Bush’s State of the Union Remarks on Energy Get Mixed Reviews
President Bush made only a short reference to the omnibus energy bill (HR 6) in his State of the Union address last Tuesday night, but it apparently was enough of an impetus for Senate Republican leaders and natural gas trade groups who have not given up on the ailing measure. A leading energy policy analyst, however, interpreted the president’s “brief reference” as a sign that the energy bill is no longer a high priority of the Bush White House.