Representatives

The U.S. House of Representatives last Wednesday voted out a long-anticipated conference report on overhauling the financial regulatory system, including reining in commodities market speculation by forcing over-the-counter (OTC) derivative trades onto regulated exchanges and clearinghouses.

Wholesale natural gas prices in the Pacific Northwest will remain unchanged or slightly lower this winter, a panel of industry representatives told the Oregon Public Utility Commission (PUC) last Tuesday during the PUC’s annual Gas Price Outlook meeting in the state capital at Salem, OR.

The U.S. House of Representatives late Wednesday voted out the conference report calling for sweeping financial regulatory reforms, including regulation of the over-the-counter (OTC) derivatives market for the first time. But the fate of the reform package in the Senate remains uncertain (see Daily GPI, July 1).

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed last Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

The Gas Exporting Countries Forum (GECF), including representatives of most of the world’s largest natural gas-exporting countries, agreed Monday to work to shore up natural gas spot prices by indexing them to oil, attempting to return them to the historical oil-gas ratio of 8-10 to one from the current 20-1.

A Pennsylvania House of Representatives committee has passed legislation that would place a five-year moratorium on the leasing of state forest lands for natural gas operations and could make leases harder to get even after the moratorium expires.

A Pennsylvania House of Representatives committee has passed legislation that would place a five-year moratorium on the leasing of state forest lands for natural gas operations and could make leases harder to get even after the moratorium expires.

A Pennsylvania House of Representatives committee has passed legislation that would place a five-year moratorium on the leasing of state forest lands for natural gas operations and could make leases harder to get even after the moratorium expires.