House Republicans last Wednesday called for a delay in the implementation or total repeal of a proposed regulation that restricts trading by banks, known as the “Volcker Rule.”
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Producers Back Obama Administration’s Polar Bear Decision
The American Petroleum Institute (API) says it supports the Interior Department’s decision to retain the controversial Bush-era polar bear rule, which restricts the use of the Endangered Species Act (ESA) to address greenhouse gas (GHG) emissions that are contributing to the shrinking of the bear’s Arctic habitat.
Producers Back Obama Administration’s Polar Bear Decision
The American Petroleum Institute (API) says it supports the Interior Department’s decision to retain the controversial Bush-era polar bear rule, which restricts the use of the Endangered Species Act (ESA) to address greenhouse gas (GHG) emissions that are contributing to the shrinking of the bear’s Arctic habitat.
FERC Restricts PG&E Pipe’s Collateral Demands on Credit-Risky Shippers
In another key order addressing the scope of pipeline collateral demands, the Federal Energy Regulatory Commission last week said PG&E Gas Transmission-Northwest (PG&E-GTN) could not require non-creditworthy shippers on its system to pay a year’s worth of reservation charges as collateral to continue receiving transportation service.
FERC Restricts PG&E Pipe’s Collateral Demands on Credit-Risky Shippers
In another key order addressing the scope of pipeline collateral demands, the Federal Energy Regulatory Commission on Wednesday said PG&E Gas Transmission-Northwest (PG&E-GTN) cannot require non-creditworthy shippers on its system to put up collateral equal to one year’s worth of reservation charges in order to continue receiving transportation service.
Market Tightens as Credit Crunch Restricts Drilling, Production
Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.
Boxer Amendment Halts Drilling Permitting for Offshore California Leases
The U.S. Senate has passed an amendment to the Interior Department’s appropriations bill that restricts drilling offshore California. The amendment, which was offered by Sen. Barbara Boxer (D-CA), would halt development for the next year on 36 undeveloped oil leases off the coast.
Market Tightens as Credit Crunch Restricts Drilling, Production
Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.
Boxer Amendment Halts Drilling Permitting for Offshore California Leases
The U.S. Senate has passed an amendment to the Interior Department’s appropriations bill that restricts drilling offshore California. The amendment, which was offered by Sen. Barbara Boxer (D-CA), would halt development for the next year on 36 undeveloped oil leases off the coast.
California Restricts Retail Unbundling
California legislators have bowed to industry pressure andextended the state’s ban on natural gas unbundling for residentialand small business customers. The new legislation (AB 1421) waspassed in a late night session in the waning days of the currentlegislative session and will maintain the utilities’ role as thealmost exclusive provider for small customers.