Citing “intense pressure” from industry and its allies in Congress, a New Jersey congressman said Wednesday that the Interior Department appears to be making its proposed rules governing hydraulic fracturing (fracking) of oil and gas wells on public lands weaker, not stronger.
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SEC Advises Investors to Look Out for Oil, Gas Scams
The Securities and Exchange Commission (SEC) Thursday issued an alert to persons who are considering private securities offerings for oil and gas ventures as an investment opportunity, saying that such investments carry significant risks.
SEC Advises Investors to Look Out for Oil, Gas Scams
The Securities and Exchange Commission (SEC) Thursday issued an alert to persons who are considering private securities offerings for oil and gas ventures as an investment opportunity, saying that such investments carry significant risks.
Interior Chief Doesn’t See ‘One-Size-Fits-All’ Fracking Rule
Interior Secretary Sally Jewell, who is in her second week on the job, signaled Monday that new rules governing federal regulation of hydraulic fracturing (fracking) are imminent.
EIA: March Cold, Sluggish Production Bump Price Forecast Higher
The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.
EIA Joins Analysts With Higher 2013 Price Forecast
The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.
Devon Quits EPA Program Charging Misuse of Emissions Data
Devon Energy Corp. is pulling out of a voluntary natural gas well emissions data gathering program run by the U.S. Environmental Protection Agency (EPA) saying the data has been “irresponsibly and inaccurately used to justify costly regulations” for unconventional drilling.
Controversy Gushes from Reservation in Bakken
Lawsuits have been filed in federal and state courts over a part of North Dakota’s prosperous Bakken Shale that lies under the Fort Berthold Reservation, which according to the state’s latest statistics makes up nearly 20% of the play’s ever-growing oil production.
ALJ Rejects Appeals of Permits for Tennessee’s Northeast Upgrade
An administrative law judge (ALJ) has turned down a request from two environmental groups to block Tennessee Gas Pipeline Co’s plans for an expansion of a natural gas pipeline in Pennsylvania, saying the groups “failed to show that they were likely to succeed on the merits or that they would suffer irreparable harm.”
Colorado County Extends Drilling Permit Moratorium
Saying they needed more time to implement new oil and natural gas drilling regulations, elected officials in Boulder County, CO, have extended for four months a drilling permit moratorium to June 10.