Reminding the public of the benefits of clean-burning natural gas derived from Pennsylvania shale development, Pennsylvania oil and gas industry organizations have rolled out a one-minute commercial video titled “Natural gas does that.”
Reminding
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Pennsylvania Governor: Shale Development ‘Good For Entire State’
Pennsylvania Gov. Tom Corbett said development of the Marcellus Shale was “good for the entire state” but conceded that several challenges lay ahead, in part because natural gas prices remain less than $3/Mcf.
CFTC: Bona Fide Hedge Exemptions Subject to Special Calls
The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight Tuesday issued an advisory reminding market participants that any claimed bona fide hedge exemption from speculative position limits under the Dodd-Frank reform act would be subject to a special call in connection with the claimed exemption.
Global Energy Giant Total Keeps Eye on Shale
Even though its home country of France has nixed shale gas and oil exploration, Paris-based Total will continue to seek unconventional resources, a spokesman told NGI’s Shale Daily. Total sees gas as a major player on the world’s energy stage over the next 20 years.