The state of Alaska last Thursday brought a lawsuit against Interior Secretary Ken Salazar in a federal court that seeks to overturn the federal moratorium on offshore drilling in Alaska’s Outer Continental Shelf (OCS).
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Articles from Seeks
ALJ Certifies NGPL Section 5 Settlement
Calling it a “delicate compromise of numerous complex and interrelated issues,” a FERC deputy administrative law judge (ALJ) has certified an uncontested settlement that seeks to resolve Section 5 allegations that Natural Gas Pipeline Company of America (NGPL) over-recovered its cost of service.
ALJ Certifies Settlement of Section 5 Allegations Against NGPL
Calling it a “delicate compromise of numerous complex and interrelated issues,” a FERC deputy administrative law judge (ALJ) has certified an uncontested settlement that seeks to resolve Section 5 allegations that Natural Gas Pipeline Company of America (NGPL) over-recovered its cost of service.
Long-Awaited Climate Change Bill Unveiled
Sens. John Kerry (D-MA) and Joe Lieberman (I-CT) last Wednesday unveiled long-awaited legislation that seeks to curb heat-trapping greenhouse gas (GHG) emissions, but the measure isn’t likely to make significant headway this year given that the chamber’s already-packed agenda which includes consideration of a new Supreme Court nominee.
Odds Are Low Climate Bill Will Clear Congress This Year
Sens. John Kerry (D-MA) and Joe Lieberman (I-CT) Wednesday unveiled long-awaited legislation that seeks to reduce heat-trapping greenhouse gas (GHG) emissions, but the measure isn’t likely to make significant headway this year given that the chamber’s already-packed agenda and the multiple congressional investigations into the massive Gulf of Mexico (GOM) oil spill have overshadowed it.
House Ag Committee Takes Its Turn at Derivatives Legislation
House Agriculture Committee Chairman Collin Peterson (D-MN) has released discussion draft legislation that seeks to reform the $580 trillion over-the-counter (OTC) derivatives market. It mirrors the draft proposal of the House Financial Services Committee in some respects but departs from it in others.
Gas, Electric Suppliers Show Support for Derivatives Bill
Natural gas and electric suppliers last Wednesday expressed support for a House discussion draft on regulatory reform that seeks to preserve “the legitimate function” of using derivatives to hedge commodity price risk.
Frank Seeks to Preserve ‘Legitimate Function’ of Derivatives
Natural gas and electric suppliers Wednesday expressed support for a House discussion draft on regulatory reform that seeks to preserve “the legitimate function” of hedging commodity price risk.
Senator Eyes Changes in Tax Code to Curb Energy Speculation
As the Commodity Futures Trading Commission seeks to crack down on excessive speculation in energy markets by imposing position limits (see Daily GPI, July 29), a U.S. senator is eyeing changes in the tax code to achieve the same result.
NGV Legislation Draws Attention in Senate, House
Sen. Lisa Murkowski of Alaska, the ranking Republican on the Senate Energy and Natural Resources Committee, has added her name as co-sponsor to legislation that seeks to extend and expand federal tax credits for natural gas vehicles (NGV) and refueling facilities.