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Energy Transfer: Non-FTA Export OK Coming Up

Energy Transfer Partners LP’s (ETP) Trunkline LNG Gulf Coast export project could have authorization to send liquefied U.S. gas to non-free trade agreement (FTA) countries within 60-90 days as pressure is building for the U.S. Department of Energy (DOE) to decide on the next one or two projects in the applicant queue, ETP COO Mackie McCrea said Thursday.

May 10, 2013

Senate Panel to Vote on Jewell Thursday; GOP Backlash Expected

The Senate Energy and Natural Resources Committee is expected to vote Thursday on whether to send the nomination of Sally Jewell for Interior secretary to the full Senate for consideration.

March 20, 2013

Cold Surge Will Pressure Northeastern Physical Gas Prices Into Next Week

Surging winter cold and constrained pipeline throughput throughout the Northeast teamed up this week to send northeastern natural gas cash prices into the stratosphere, and if projections from the Energy Information Administration (EIA) hold up, there may be no relief until the middle of next week.

January 25, 2013

Goldman: Summer, Fuel Switching Signal Higher Natural Gas Prices

Another hot summer, combined with a continued move by power generators to switch to natural gas, has reduced the big storage overhang and should send natural gas prices higher, according to Goldman Sachs.

July 30, 2012

Cash Gains, But $2.85 July Futures In Sight, Trader Says

Overall cash prices added a dime Monday as weather forecasts, pipeline maintenance and a strong screen combined forces to send prices sharply higher. Northeast points led the charge higher, but Southern California locations were not far behind. At the close of futures trading July had jumped 16.8 cents to $2.635 and August had risen 15.4 cents to $2.565. July crude oil fell 76 cents to $83.27/bbl.

June 19, 2012

Appalachian Group Proposes Standards for Shale Development

In an attempt to bring uniformity to the exploration and production of oil and natural gas in the shale plays of the Appalachian Basin, a consortium of 11 producers Tuesday released recommended standards and practices on everything from the preparation of a regional spill and emergency response plan to the use of hydraulic fracturing (fracking) fluids, as well as for local relations and well site selection.

May 2, 2012

McClendon Steps Down as Chesapeake Chairman

Chesapeake Energy Corp. on Tuesday stripped co-founder and CEO Aubrey K. McClendon of his title as chairman of the board and said it would name an “independent, nonexecutive chairman in the near future.”

May 2, 2012

Cameron LNG Gets Export OK for FTA Countries

Sempra Energy’s Cameron LNG LLC has joined the ranks of liquefied natural gas (LNG) export proposals that have received authorization to send liquefied gas to the limited number of countries that are party to a free trade agreement (FTA) with the United States.

January 23, 2012

Tuesday Trading Seen as Pivotal; February Falls After Storage

Thursday’s price driver was the release of government inventory figures that came in only slightly bearish but were sufficient to send February futures nearly a dime lower.

December 30, 2011

ConocoPhillips Exec: Gas Oversupply Situation Overstated

Although a shale-produced natural gas surplus remains, it is at a lower level than many expected and thus a couple of drivers could send prices back into a period of volatility, according to Jim Duncan, chief analyst and commodity market strategist for ConocoPhillips in Houston.

October 14, 2011
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