Seeks

Bipartisan legislation was offered in the Senate Wednesday that seeks to extend and expand federal tax credits for natural gas vehicles (NGV) and refueling infrastructure.

In the June 23 article titled “UNG Seeks Removal of Trading Limits” it was incorrectly stated that the United States Natural Gas Fund (UNG) at the close of business Monday held a total of 229,890 August futures contracts on IntercontinentalExchange (ICE) and 97,746 August swaps contracts. The 229,890 contracts on ICE are swaps, not futures, and the 97,746 swaps contracts are New York Mercantile Exchange swaps. NGI regrets the errors.

FERC Friday denied Florida Gas Transmission’s (FGT) request for a three-year delay in abandoning existing pipeline facilities while it seeks to resolve a dispute over relocation costs with the Florida Department of Transportation (DOT). It further chided the pipeline for attempting to use the FERC process to bypass the state courts.

Sens. Ron Wyden (D-OR) and John Barrasso (R-WY) last Thursday introduced bipartisan legislation (S. 3556) that seeks to increase the oversight and accountability of the Interior Department’s Minerals Management Service (MMS) following the disclosure earlier this month of illegal and unseemly behavior of former employees at the agency.

Sens. Ron Wyden (D-OR) and John Barrasso (R-WY) Thursday introduced bipartisan legislation (S. 3556) that seeks to increase the oversight and accountability of the Interior Department’s Minerals Management Service (MMS) following the disclosure earlier this month of illegal and shocking behavior of former employees at the agency.

Against a backdrop of falling crude oil and natural gas prices, the House last Thursday passed by an overwhelming margin legislation that seeks to curb “excessive” speculation in the energy markets.

Against a backdrop of falling crude oil and natural gas prices, the House Thursday passed by an overwhelming margin legislation that seeks to curb “excessive” speculation in the energy markets.

A coalition of House lawmakers, led by Reps. John Peterson (R-PA) and Neil Abercrombie (D-HI), Thursday introduced a bipartisan, comprehensive energy bill that seeks to lift the congressional moratorium on oil and natural gas drilling in closed areas of the federal Outer Continental Shelf (OCS). Meanwhile, House leaders plan to take another go at anti-energy speculation legislation, but a Democratic aide said it’s likely to be after the August recess.

The U.S. Coast Guard Wednesday rejected the latest appeal of Weaver’s Cove Energy that seeks to site a liquefied natural gas (LNG) import terminal in Fall River, MA.