Stage

The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate last Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.

The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.

The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.

The U.S. Energy Information Administration (EIA) said Tuesday the number of drilling rigs active in the Utica Shale during the last week of October had more than doubled compared with the same week in 2011, with an increase in rigs targeting oil more than offsetting the loss of natural gas rigs.

The Commodity Futures Trading Commission (CFTC) last week approved the long-awaited “swap” product definition rule, setting the stage to “fully usher” in many of the reforms under the Dodd-Frank Wall Street Reform Act.

The Commodity Futures Trading Commission (CFTC) Tuesday approved its long-awaited “swap” product definition rule, setting the stage for the agency to “fully usher” in many of the reforms under the Dodd-Frank Wall Street Reform Act.

Record natural gas use by U.S. utilities is tightening supply/demand balances sooner than the market was expecting, setting the stage for natural gas bulls to come charging back, according to BNP Paribas.

The state of Wyoming has petitioned the Supreme Court to hear its challenge of the Clinton-era “roadless rule,” which places restrictions on road-building to carry out energy exploration and production, logging and other commercial activities on more than 58 million acres of forest lands.

Record natural gas use by U.S. utilities is tightening supply/demand balances sooner than the market was expecting, setting the stage for natural gas bulls to come charging back, according to BNP Paribas.