A bill that would ban permits for underground activities near salt domes, caverns or sink holes where moderate or catastrophic disasters have occurred in the past is advancing in the Louisiana State Legislature, despite opposition from the Louisiana Oil and Gas Association (LOGA).
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Bill to Ban Drilling Near Caverns Advances in Louisiana
A bill that would ban permits for underground activities near salt domes, caverns or sink holes where moderate or catastrophic disasters have occurred in the past is advancing in the Louisiana State Legislature, despite opposition from the Louisiana Oil and Gas Association (LOGA).
New Jersey Fires Another Salvo in War Over Spectra Project
The state of New Jersey has fired another salvo in its attempt to sink Spectra Energy’s proposal to expand its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission pipeline systems in the Northeast.
New Jersey Fires Another Salvo in War Over Spectra Project
The state of New Jersey fired another salvo in an attempt to sink Spectra Energy’s proposal to expand its Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission pipeline systems.
Asian Equity Funds Take $1.1B Stake in Chesapeake
Singapore state investment fund Temasek Holdings Pte and private equity firm Hopu Investment Management Co. of Beijing, China, jointly plan to sink up to $1.1 billion in Chesapeake Energy Corp.
Futures Probe Lower After 914 Cloud Dissipates
Still reeling from the bludgeoning Thursday tied to a round of bearish natural gas supply news, the natural gas futures market continued to sink closer to the $3.810 low for the larger downtrend. June futures recorded a low of $3.885 before closing at $3.920 Friday, down 6 cents from Thursday’s finish and 42.3 cents below the previous week’s close.
Most Points Keep Falling as Cold Weather Fades
A few flat to a little more than a dime higher western points notwithstanding, most of the cash market continued to sink Monday as what appeared to be the last vestiges of winter weather receded into the distance. Although one forecaster believed winter had one last blast of cold conditions left in it for next week, most traders were discounting any major surge of demand before spring officially arrives March 20.
Most Points Keep Falling as Cold Weather Fades
A few flat to a little more than a dime higher western points notwithstanding, most of the cash market continued to sink Monday as what appeared to be the last vestiges of winter weather receded into the distance. Although one forecaster believed winter had one last blast of cold conditions left in it for next week, most traders were discounting any major surge of demand before spring officially arrives March 20.
Screen, Milder Forecasts Result in Overall Price Dips
A few flat to about a nickel higher points in the Rockies, where Wednesday lows were due to sink into the teens, were the exceptions to price dips throughout the rest of the market Tuesday. A futures decline of 9.7 cents a day earlier contributed to the bearishness along with analyst reports of early February forecasts indicating that the weather would not be quite as cold as previously expected.
Screen, Milder Forecasts Result in Overall Price Dips
A few flat to about a nickel higher points in the Rockies, where Wednesday lows were due to sink into the teens, were the exceptions to price dips throughout the rest of the market Tuesday. A futures decline of 9.7 cents a day earlier contributed to the bearishness along with analyst reports of early February forecasts indicating that the weather would not be quite as cold as previously expected.