Seeks

Lawsuit Seeks to Overturn Alaska OCS Moratorium

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).

September 13, 2010

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.

July 12, 2010

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.

July 7, 2010

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.

May 17, 2010

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.

May 13, 2010

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.

October 13, 2009

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.

October 12, 2009

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.

October 8, 2009

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.

August 6, 2009

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.

July 21, 2009