The staff of the Commodity Futures Trading Commission (CFTC) has prepared a draft no-action letter that could supplement the agency’s recently proposed “exemptive relief” that postpones compliance with parts of the new derivatives law for at least six months until the end of the year.
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CFTC Proposes No-Action Relief for Some Derivatives Rules
The staff of the Commodity Futures Trading Commission (CFTC) has prepared a draft no-action letter that could supplement the agency’s recently proposed “exemptive relief” that postpones compliance with parts of the new derivatives law until the end of the year.
West Virginia City Might Take Driller to Court
Officials with the City of Morgantown, WV, said the city might take Northeast Natural Energy (NNE) to court if the city passes an ordinance banning hydraulic fracturing (hydrofracking) and the company subsequently starts using the practice at two Marcellus Shale gas wells.
LDCs Maneuver for New LNG Supply
While liquefied natural gas (LNG) continues to look like the perfect supplement to lagging U.S. domestic production, local distribution companies (LDC) are questioning why they are not being approached to ink long-term agreements with LNG suppliers; presumably such agreements would help support construction of LNG regasification terminals.
LDCs Maneuver for New LNG Supply
While liquefied natural gas (LNG) continues to look like the perfect supplement to lagging U.S. domestic production, local distribution companies (LDC) are questioning why they are not being approached to ink long-term agreements with LNG suppliers; presumably such agreements would help support construction of LNG regasification terminals.
Yukon Eyes Mexico as Potential LNG Market
Yukon Pacific Corp. has come up with a “slightly new twist tosupplement” its long-standing project to supply Asian markets withAlaskan liquefied natural gas (LNG), and in fact company executiveswere in Mexico yesterday to sound out officials there about it.