Responding

DOT Secretary Orders End to Co-Funding of Pipe Safety Research

Responding to a Hearst Newspapers investigation that was highly critical of joint government-industry funding of pipeline safety research, Transportation Secretary Ray LaHood Monday directed the federal agency responsible for ensuring pipeline safety to cease its practice of using industry funds to help finance pipeline research.

June 21, 2011

All Points Lower; Trader Sees Limited Upside

Finally responding to the 40.2-cent drop in front-month natural gas futures values from last Thursday’s high of $4.983, cash point averages across the board came off significantly on Tuesday for Wednesday delivery.

June 15, 2011

‘Oily Substance’ Spotted Along Louisiana Coast

The U.S. Coast Guard (USCG) was responding Wednesday afternoon to a report of oil in Breton Sound near Venice, LA. The spill was said to be several miles long, but it was not known if it was oil.

June 9, 2011

Interior Mulls ‘Radically Different’ Method for Oil, Gas Valuation

Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department last week said it plans to explore a “simplified market-based approach” for valuing oil and gas to calculate the billions of dollars in royalty payments that are owed each year to the federal government for production on publicly owned onshore and offshore property.

May 30, 2011

Interior Explores New Royalty Valuation Approach

Responding to President Obama’s call for federal agencies to streamline their regulations, the Interior Department said it plans to explore a “simplified market-based approach” to determine the value of oil and natural gas for royalty purposes.

May 27, 2011

Connecticut House Votes to Ban Cleaning Pipes with Gas

Responding to a natural gas explosion that caused six deaths and multiple injuries last year at an electric power plant in Middletown, CT, the state’s House of Representatives on Thursday unanimously approved a bill that would ban the use of “flammable gas to clean or blow the gas piping” of electric generating facilities.

May 23, 2011

Encana Nabs Duvernay Shale Acreage, Looks for More JVs

Encana Corp.’s latest quarterly profits took it on the chin because of low natural gas prices, but the Calgary producer is responding with a realignment by transferring proven gas shale technology to liquids plays, advertising for partners to share costs in gassy northeast British Columbia (BC), and quietly acquiring an oily leasehold in Alberta’s Duvernay Shale.

April 21, 2011

Nova Scotia to Review Fracking Issues

Responding to concerns expressed by citizens, the government of Nova Scotia has begun a year-long review of environmental issues associated with hydraulic fracturing (hydrofracking).

April 12, 2011

Frack Story Misleading, Says Pennsylvania’s Hanger

A story about the dangers of hydraulic fracturing (hydrofracking), which was published by the New York Times last weekend, was “deliberately misleading,” the former chief of Pennsylvania’s Department of Environmental Protection (DEP) said Monday.

March 1, 2011

California Launches Two Pipeline Probes

The California Public Utilities Commission (CPUC) on Thursday announced a two-pronged approach to responding to last September’s rupture of a Pacific Gas and Electric Co. (PG&E) natural gas transmission pipeline in San Bruno, CA. One will look at whether the utility’s past handling of its pipeline systems warrants sanctions and fines.

February 28, 2011