Severe

The Commodity Futures Trading Commission (CFTC), a small agency with the herculean task of regulating the derivatives and futures markets, could face severe budget cuts that would prevent it from implementing many of the reforms proposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act, said Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) last Wednesday.

The Commodity Futures Trading Commission (CFTC), a small agency with the herculean task of regulating the derivatives and futures markets, could face severe budget cuts that would prevent it from implementing many of the reforms proposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act, said Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) Wednesday.

The Colorado Oil and Gas Conservation Commission (COGCC) reconvened Thursday in Denver, but was unable to resolve lingering issues and delayed until Feb. 11 finalizing new setback requirements for oil and natural gas wells.

Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.

Barring a “severe negative turn” in the global economic outlook, the outlook for oil and gas projects in the U.S. Gulf of Mexico (GOM) appears to be positive with gains across all of the major market sectors, according to Quest Offshore.

Glutted markets slowed natural gas trade between Canada and the United States in the first six months of this year — and inflicted severe price cuts on market participants, according to the latest import-export records released by the U.S. Department of Energy’s Office of Natural Gas Regulatory Activities.

Glutted markets slowed natural gas trade between Canada and the United States in the first six months of this year — and inflicted severe price cuts on market participants, according to the latest import-export records released by the U.S. Department of Energy’s Office of Natural Gas Regulatory Activities.

Magnum Hunter Resources Corp.’s production in the Appalachian Basin remains “substantially curtailed” nearly three months after an unusually severe thunderstorm knocked out electricity service to much of the region, the Houston-based independent said Wednesday.

FERC Thursday opened for public comment a proposal on how to improve coordination between the natural gas and electricity industries to avoid a repeat of the severe gas service outage that curtailed service to thousands of customers in the Southwest last winter.