State lawmakers in West Virginia have created a bipartisan 10-member panel to discuss and seek a consensus over Marcellus Shale regulatory reform.
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Central Louisiana Shale Play Drawing Interest
A relatively short trip from the Haynesville Shale and about as old as the Eagle Ford, the Tuscaloosa Marine Shale (TMS) — which stretches from Texas through Louisiana and into Mississippi — could right now be considered the “penny stock” of the shale plays. Those who get in early will get in cheaply, but they’ll have to stomach some risk as the play is not yet a sure thing like its more mature peers.
Feels Like (C)old Times: Northeast Soars; Near-Flat to Small Declines Elsewhere
Forgive traders if they were feeling some sense of deja vu Wednesday. Much like early last week, Northeast delivered numbers were skyrocketing in the $3 area in several cases, while most of the rest of the market was down by less than a dime.
Shale Revolution Upsets Status Quo, Says Devon Chief
Larry Nichols, who now chairs Devon Energy Corp., stood “on top of the Fort Worth Basin” on Tuesday and recalled the turning point for his company — and the global natural gas industry.
E&P Execs Found More Pessimistic than Wall Street
Exploration and production (E&P) company insiders have a “profound sense of near-term caution” for 2009 and now expect natural gas and oil prices to average roughly 20% lower than Wall Street expectations, according to an informal survey by Raymond James & Associates Inc.
E&P Execs Found More Pessimistic than Wall Street
Exploration and production (E&P) company insiders have a “profound sense of near-term caution” for 2009 and now expect natural gas and oil prices to average roughly 20% lower than Wall Street expectations, according to an informal survey by Raymond James & Associates Inc.
Industry Again Presses FERC for Interconnection Reforms
Utilities, transmission providers and wind generation developers last Thursday called on FERC to maintain a “sense of urgency” in carrying out reforms to the current process for interconnecting generators to the bulk power grid.
CFTC’s Chilton Says Merger With SEC Would Be ‘Grave Mistake’
A merger of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) “doesn’t make sense” and would be ill-advised, said CFTC Commissioner Bart Chilton last Tuesday.
CFTC’s Chilton Says Merger With SEC Would Be ‘Grave Mistake’
A merger of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) “doesn’t make sense” and would be ill-advised, said CFTC Commissioner Bart Chilton Tuesday.
Fading Prospects for CA LNG Site Found in CPUC Denial
The lack of any sense of immediacy surrounding the building of a coastal LNG terminal in California was illustrated by the California Public Utilities Commission’s (CPUC) denial on June 21 of a request by the state’s major natural gas utilities to modify rules that could apply to connecting a terminal to the existing intrastate backbone transmission pipeline system and its ties to markets east of California.