Slammed

Natural gas distribution facilities sustained the heaviest damage when Hurricane Sandy slammed into the East Coast last week, while exploration and production (E&P) operations in the Marcellus Shale and pipeline systems in the region incurred either minimal or no disruptions. The severe weather for the region may not be over yet. The National Weather Service (NWS) is predicting that a nor’easter could hit the mid-Atlantic and New England by Tuesday, Election Day.

Global climate change is shaping up to be a front-burner legislative issue in the wake of Hurricane Sandy, which slammed into the Northeast coastline last week with such fury that it destroyed homes and buildings, and left millions in the dark (see related story).

Offshore oil and natural gas production in the Gulf of Mexico (GOM), which had been slammed by shut-ins and personnel evacuations as Tropical Storm Debby loomed last weekend, is nearly back to normal, according to the U.S. Bureau of Safety and Environmental Enforcement (BSEE).

A New York Times article last month, which slammed the shale gas industry using unnamed industry and government sources, was sharply criticized earlier this month by the newspaper’s public editor.

A New York Times article last month, which slammed the shale gas industry using unnamed industry and government sources, was sharply criticized over the weekend by the newspaper’s public editor.

Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and produced record sales volumes from its U.S. onshore and overseas operations.

Anadarko Petroleum Corp., whose extensive Gulf of Mexico (GOM) operations were slammed by the deepwater drilling moratorium, dusted itself off in the first quarter and on Tuesday reported record sales volumes from its U.S. onshore and overseas operations.

House Democrats last Tuesday slammed Republicans’ proposed budget cuts in the continuing resolution (CR) that could hamper the ability of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to regulate the $300 trillion derivative swaps market during the during the current fiscal year, which began on Oct. 1.

House Democrats Tuesday slammed Republicans’ proposed budget cuts in the continuing resolution (CR) that could hamper the ability of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to regulate the $300 trillion derivative swaps market during the 2011 fiscal year (FY).