The Commodity Futures Trading Commission (CFTC) is expected to release within a few weeks a new and improved rule to restrict excessive speculation in the swaps market, said CFTC Commissioner Bart Chilton Wednesday.
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Bill Would Remove Industry From Colorado Oil and Gas Commission
With the legislature looking at adjournment May 8, a bill (HB 1269) that would restrict oil and natural gas representation and participation on the Colorado Oil and Gas Conservation Commission (OGCC) passed out of committee on a partisan 3-2 vote late Monday night, worrying industry backers.
Bill Targets Reorganization for Colorado Oil and Gas Commission
With the legislature looking at adjournment May 8, a bill (HB 1269) that would restrict oil and natural gas representation and participation on the Colorado Oil and Gas Conservation Commission (OGCC) passed out of committee on a partisan 3-2 vote late Monday night, worrying industry backers.
IPAA: Any Climate Change Proposals Likely Regulatory
Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would be the best route for President Obama, who begaun his second term in office last week and indicated one focus would be on climate change.
IPAA: Obama’s Climate Change Drive Likely Through Regulators
Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would likely be the best route for President Obama, who started his second term Monday, to make effective climate changes.
More Pennsylvania Forest Leasing Unlikely For Now
Although Pennsylvania could eventually lease additional state forest land for natural gas drilling, it will likely be in small doses, according to the state’s top land manager.
Shale a ‘Grand Slam’ for Demand Growth, Say Experts
Barring an intervention by policymakers to restrict hydraulic fracturing, and as long as there is a worldwide economic recovery, steady growth will continue within the natural gas industry through 2030 because of growing worldwide demand, energy experts said last week.
Pennsylvania Fish and Boat Commission to Issue Gas Leases
The Pennsylvania Fish and Boat Commission has taken steps to lease the rights to drill for natural gas in the 43,000 acres of waterways that run through the Marcellus Shale region and to grant licenses for access to water.
Interior to Scale Back Categorical Exclusions
Interior officials said last week that the department will restrict its use of environmental waivers (categorical exclusions) for offshore oil and natural gas development to activities with limited environmental risk, while it undertakes a comprehensive review of its National Environmental Protection Act (NEPA) process and the use of categorical exclusions for exploration and drilling on the Outer Continental Shelf.
Interior to Scale Back Categorical Exclusions
Interior officials said Monday that the department will restrict its use of environmental waivers (categorical exclusions) for offshore oil and natural gas development to activities with limited environmental risk, while it undertakes a comprehensive review of its National Environmental Protection Act (NEPA) process and the use of categorical exclusions for exploration and drilling on the Outer Continental Shelf.