Seeking

Seeking to coordinate more closely with other state stakeholders, Wyoming’s Office of State Lands and Investments decided to delay action on the state’s draft policy on natural gas flaring until January. That would put off action until the State Board of Lands Commissioners, which includes Gov. Matt Mead, meets next year.

January natural gas rose Tuesday as traders saw it as largely a defensive move by those seeking some price protection should cold weather eventually materialize. At settlement January had risen 10.8 cents to $3.633 and February had gained 9.8 cents to $3.653. January crude oil finished just under the century mark, adding $1.58 to $99.79/bbl.

Three conservation and environmental groups are seeking to stall the construction of Inergy subsidiary Central New York Oil and Gas Co.’s (CNYOG) MARC I Hub project in northeast Pennsylvania until the company corrects “serious flaws” in its invasive species management plan.

Seeking to coordinate more closely with other state stakeholders, Wyoming’s Office of State Lands and Investments plans to delay action on the state’s draft policy on natural gas flaring until January next year. That would put off action until the State Board of Lands Commissioners, which includes Gov. Matt Mead, meets next year.

While Congress is seeking to strip the Environmental Protection Agency (EPA) of some of its regulatory powers, the head of Exelon Corp.Wednesday expressed his support for the agency’s continued enforcement of the Clean Air Act (CAA), saying that it was more cost-effective for the energy industry and removed uncertainty.

Federal regulators are seeking to toughen regulations for interstate natural gas pipelines following two deadly explosions that rocked the West and East Coasts within the past year.

The Commodity Futures Trading Commission (CFTC) last Tuesday narrowly voted out a controversial final rule seeking to curb excessive speculation in commodity futures contracts and economically equivalent swaps. While the rule has scaled the regulatory hurdle, it may have a tougher road ahead if it is challenged in court.

The Commodity Futures Trading Commission (CFTC) Tuesday narrowly voted out a controversial final rule seeking to curb excessive speculation in commodity futures contracts and economically equivalent swaps. While the rule has scaled the regulatory hurdle, it may have a tougher road ahead if it is challenged in court.

A bipartisan panel of West Virginia lawmakers seeking a consensus on possible Marcellus Shale regulatory reform are scheduled to meet Wednesday afternoon and Thursday morning in Charleston.