The Colorado Oil and Gas Conservation Commission (COGCC) ended three days of hearings in Denver Wednesday as it drew closer to finalizing new setback requirements for oil and natural gas wells, but it still fell short of finishing the unpopular and complex task.
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CFTC Sets April Compliance Deadline for Swap Reporting
The Commodity Futures Trading Commission (CFTC) has established a new April deadline for swap dealers to comply with certain reporting requirements under the Dodd-Frank Wall Street Reform Act.
Weak California Market Offset By Strong Futures; December At New High
Cash prices on average fell 3 cents overall Wednesday as traders put to bed any requirements they might have for the extended holiday weekend. Double-digit losses were posted by California points, but the Northeast and East were mixed. The Energy Information Administration (EIA) reported a withdrawal from storage of 38 Bcf, including a reclassification, which was significantly greater than what the market was expecting. At the close December futures had risen 7.1 cents to $3.903, a new 12-month high, and January was up 7.6 cents to $4.020. January crude oil added 63 cents to $87.38/bbl.
Longmont, CO Passes Ballot Measure to Ban Fracking
Longmont, CO, voters Tuesday approved a hotly contested ban on the use of hydraulic fracturing (fracking) within its jurisdiction, passing a ballot measure (Question 300) by a comfortable margin, according to reports.
Ohio Bills Call for Full Disclosure on Drilling Chemicals
Two legislators in Ohio, well-known foes of shale development, have introduced a pair of bills designed to reverse a gag order that they say prevents medical personnel from doing their jobs as it relates to providing chemical information about hydraulic fracture (frack) fluids.
AES Plans Major Changes in California Gas-Fired Assets
What new state requirements restricting ocean water use to cool California’s string of coastal natural gas-fired power plants have done to reshape the state’s reliance on gas-fired generation has been magnified by the unexpected loss of the 2,200 MW San Onofre Nuclear Generating Station (Songs) this year.
Kinder Morgan to Pay Penalty for Alleged CAA Violations
Kinder Morgan Upstream LLC has agreed to pay $316,000 in penalties for allegedly violating the risk management plan requirements of the Clean Air Act (CAA) at its natural gas plants in Casper and Douglas, WY, the Environmental Protection Agency (EPA) said Thursday.
Economic Sense Has BC Gas Heading to Asia, Report Finds
Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.
Ohio Panel OKs New Drilling Rules; More Inspectors Coming
A legislative panel in Ohio has cleared four rules proposed by the Ohio Department of Natural Resources (ODNR), which include new requirements for the permitting and construction of oil and natural gas wells and rules governing hydraulic fracturing (fracking).
Salazar Says Interior ‘Close’ on Fracking Regulations
Interior Secretary Ken Salazar signaled Tuesday that the department is close to completing final regulations for hydraulic fracturing (fracking) in drilling operations on public lands.