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Industrial Consumers: Energy Bill a ‘Potential Fall-Back’ for Climate Change

Industrial Energy Consumers of America (IECA) sent a letter Thursday to Senate leaders urging them not to accept legislative language that would give FERC the authority to approve transmission facilities interconnecting with renewable energy sources and to require that the cost of the new facilities be shared system-wide.

February 26, 2010

Senate Democrats Challenge EPA Regulation of GHG Emissions

A coalition of eight Senate Democrats Friday sent a letter to Environmental Protection Agency (EPA) Administrator Lisa Jackson challenging the agency’s potential regulation of greenhouse gas (GHG) emissions from stationary sources under the Clean Air Act (CAA).

February 23, 2010

Senate Democrats Challenge EPA Regulation of GHG Emissions

A coalition of eight Senate Democrats Friday sent a letter to Environmental Protection Agency (EPA) Administrator Lisa Jackson challenging the agency’s potential regulation of greenhouse gas (GHG) emissions from stationary sources under the Clean Air Act (CAA).

February 23, 2010

BJ Services Earnings Plummet in North America

Steep declines in hydraulic fracturing and cementing services in North American operations, coupled with reduced pricing for services, sent BJ Services Co. earnings into a spiral in fiscal 1Q2010, the company said late Monday.

February 10, 2010

BJ Services Earnings Plummet in North America

Steep declines in hydraulic fracturing and cementing services in North American operations, coupled with reduced pricing for services, sent BJ Services Co. earnings into a spiral in fiscal 1Q2010, the company said late Monday.

February 10, 2010

Senate Democrats Provide Copenhagen Guidance to President

Nine centrist Democrats led by Sen. Arlen Specter of Pennsylvania Thursday sent a letter to President Obama spelling out the principles that they believe should be the core of any international climate policy negotiated in Copenhagen, Denmark.

December 4, 2009

Ida’s Impact as Short as Her Name

The tail end of the uneventful 2009 Gulf of Mexico (GOM) hurricane season was punctuated last week by the threat of Hurricane/Tropical Storm Ida, which sent some offshore operators scurrying to evacuate crews and shut in production in the eastern GOM. However, Ida’s impact was short-lived and traders mostly yawned.

November 16, 2009

Salazar Called on to Protect BLM Lands in Utah from Development

A coalition of 89 House Democrats led by Rep. Maurice Hinchey (D-NY) sent a letter to Interior Secretary Ken Salazar Tuesday urging him to take administrative action to protect energy-rich Bureau of Land Management (BLM) lands in Utah from development while Congress continues to work on legislation to designate them as wilderness.

November 12, 2009

House Coalition Calls Interim Report on Ocean Policy ‘Lopsided’

A bipartisan coalition of 69 House lawmakers led by Rep. Bill Cassidy (R-LA) sent a letter to the head of President Obama’s Ocean Policy Task Force criticizing an interim report on ocean policy as being lopsided — focusing too heavily on environmental stewardship while virtually ignoring the development of energy resources.

October 30, 2009

Market Ignores ‘Amazing’ Cash-Futures Split; November Up 26.9 Cents

November natural gas futures vaulted higher Monday as traders observed a continuation of the short covering that sent futures bounding higher by 25.2 cents on Friday. The prompt-month contract rose 26.9 cents Monday to close at $4.987 and December advanced 20.1 cents to $5.723. November crude oil rose 46 cents to $70.41/bbl.

October 6, 2009
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