Signaled

President Bush Tuesday signaled his intention to nominate sitting FERC Commissioner Jon Wellinghoff to a full five-year term at the Federal Energy Regulatory Commission.

In comments that were welcomed by the Senate Permanent Subcommittee on Investigations, IntercontinentalExchange Chairman and CEO Jeffrey C. Sprecher Monday signaled his support for legislative action that would eliminate excessive speculation in natural gas trading markets and establish limits on the positions that traders could hold on the electronic exchange.

The Canadian Association of Oilwell Drilling Contractors (CAODC) signaled that the latest revision to its drilling forecast “continues, and deepens, the trend of reduced natural gas drilling.” The forecast reduction issued Thursday follows lower gas drilling numbers, primarily in Alberta and British Columbia, which began to fall dramatically last year.

The Canadian Association of Oilwell Drilling Contractors (CAODC) signaled that the latest revision to its drilling forecast “continues, and deepens, the trend of reduced natural gas drilling.” The forecast reduction issued Thursday follows lower gas drilling numbers, primarily in Alberta and British Columbia, which began to fall dramatically last year.

The toughest aboriginal critic of Canada’s arctic natural gas development as well as the proposed Mackenzie Valley Pipeline has signaled no quarter will be given in the marathon battle over benefits that slowed the project down to a glacial pace.

The toughest aboriginal critic of Canada’s arctic natural gas development as well as the proposed Mackenzie Valley Pipeline has signaled no quarter will be given in the marathon battle over benefits that slowed the project down to a glacial pace.

Sen. Jeff Bingaman (D-NM) signaled last Monday that he was not completely satisfied with FERC’s response to a Senate inquiry into whether traders of natural gas futures contracts are engaging in market manipulation tactics to drive up the prices ultimately paid by end-use gas consumers.

Sen. Jeff Bingaman (D-NM) signaled Monday that he was not completely satisfied with FERC’s response to a Senate inquiry into whether traders of natural gas futures contracts are engaging in market manipulation tactics to drive up the prices ultimately paid by end-use gas consumers.

FERC last Tuesday signaled it may be forced to issue a “stop work order” to Rockies Express Pipeline LLC (REX) if the “poor compliance record” continues during the construction of the second segment of the Entrega Pipeline project. The Entrega project, renamed Rockies Express-Entrega, will be the western end of the proposed 1,663-mile Rockies Express pipeline when completed.