President-elect Barack Obama may put his stamp on energy policy early when he takes office in January by using his executive authority to block new oil and natural gas leases on environmentally sensitive lands in Utah, according to a published report.
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President-Elect Obama Likely to Block New Utah Leases
President-elect Barack Obama is expected to put his stamp on energy policy early when he takes office in January by using his executive authority to block new oil and natural gas leases on environmentally sensitive lands in Utah, according to a published report.
Maryland Commission Gives Approval to Ban on LNG Facilities
Maryland’s Critical Areas Commission earlier this month gave its stamp of approval to Baltimore County’s ban on liquefied natural gas (LNG) facilities in certain Chesapeake Bay coastal areas. At the same time, attorneys for a proposed LNG terminal and the county squared off in federal court over whether the prohibition conflicted with federal law.
Maryland Commission Gives Approval to Ban on LNG Facilities
Maryland’s Critical Areas Commission last week gave its stamp of approval to Baltimore County’s ban on liquefied natural gas (LNG) facilities in certain Chesapeake Bay coastal areas. At the same time, attorneys for a proposed LNG terminal and the county squared off in federal court over whether the prohibition conflicted with federal law.
Storage Bears Stamp on Futures; November Down 13 Cents
In another delayed reaction to bearish storage data, the natural gas futures market funneled lower for the second straight Friday. However, in contrast to the sustained selling push exhibited on Oct. 17, the market dropped lower all at once Friday, as local traders triggered sell-stop-loss orders.
FERC OKs Key Elements of New England Market Design Proposal
FERC last Wednesday gave its stamp of approval to the lion’s share of a proposal made by New England Power Pool (NEPOOL) and ISO New England that will set up a standard market design (SMD) for the New England region and, more broadly, help to standardize regional wholesale power markets both across the northeast and the rest of the United States.
LNG Market Predicted to Double by 2011, Triple by 2020
Following a stream of industry announcements, Cambridge Energy Research Associates has now put its stamp on liquefied natural gas growth, predicting that the “fundamental” changes worldwide in natural gas availability and potential shifts in pricing, downstream markets and available capital will position LNG to become a “major global energy player over the coming 20 years,” with demand as much as tripling by 2020.
LNG Market Predicted to Double by 2011, Triple by 2020
Following a stream of industry announcements, Cambridge Energy Research Associates has now put its stamp on liquefied natural gas growth, predicting that the “fundamental” changes worldwide in natural gas availability and potential shifts in pricing, downstream markets and available capital will position LNG to become a “major global energy player over the coming 20 years,” with demand as much as tripling by 2020.
El Paso’s Lateral to Mexico Gets FERC Stamp
The Federal Energy Regulatory Commission (FERC) last weekapproved construction of a proposed 60-mile, 130 MMcf/d pipelinelateral off El Paso’s mainline in Arizona to proposed Mexicanborder crossing facilities. The proposed $30 million pipe andborder crossing facilities are designed to serve several existingand proposed gas-fired power plants in Sonora.
El Paso’s Lateral to Mexico Gets FERC Stamp
The Federal Energy Regulatory Commission (FERC) approvedconstruction of a proposed 60-mile, 130 MMcf/d pipeline lateral offEl Paso’s mainline in Arizona to proposed Mexican border crossingfacilities. The proposed $30 million pipe and border crossingfacilities are designed to serve several existing and proposedgas-fired power plants in Sonora.