Texas regulators have adopted tougher restrictions on natural gas development-related air emissions in the Barnett Shale of North Texas. Eventually the new rules — which the industry laments as costly — will apply statewide.
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NGI The Weekly Gas Market Report
Entergy Drops Bid for Renewal of Market-Based Rates for Control Area Transactions
Entergy Services Inc., on behalf of the Entergy affiliates conducting power sales in the Entergy control area, notified FERC that it was withdrawing the Entergy affiliates’ pending request for renewal of market-based rate authority for transactions in the Entergy control area [ER91-569-023, et al].
A Few Northeast Points Defect from Continued Rally
Feeding on the midweek renewal or continuance of cold weather in several market areas, prices kept rising Wednesday at nearly all points. A few Northeast citygates that were flat to a little over 15 cents lower were the only deviations from overall upticks ranging from about a nickel to 45 cents.
Murkowski Signs Bill to Pave Way for Alaska Gas Pipeline Negotiations
Alaska Gov. Frank H. Murkowski signed into law last week a renewal of Alaska’s Stranded Gas Act, HB 16, which authorizes the state to enter into negotiations with industry on the cost and terms of a natural gas pipeline project to move North Slope gas to markets in the Lower 48 states. Murkowski said the legislation is an important step toward getting the pipeline process moving on a faster track.