Supporting

After expressing initial reservations, a group representing county governments in Pennsylvania is now supporting a county-level impact fee proposed by Gov. Tom Corbett.

Two counties in western Pennsylvania, which is in a red hot region of the Marcellus Shale, were among the top 10 in the nation for employment gains in large counties between March 2010 and March 2011, according to the U.S. Bureau of Labor Statistics.

It didn’t take long for the natural gas industry and energy insiders to react to a New York Times (NYT) story on Sunday, which cited unnamed industry and government sources describing the shale gas industry as a “Ponzi” scheme with a future similar to Enron Corp. and the bursting of the dot.com bubble.

In a major speech Thursday directed at Wall Street, President Obama called on the titans of industry to “join us” in supporting sweeping reform of the financial regulatory system, and he urged industry lobbyists to put a stop to their “furious” attempts to shape the legislation to their special interests.

In a major speech Thursday directed at Wall Street, President Obama called on the titans of industry to “join us” in supporting sweeping reform of the financial regulatory system, and he urged industry lobbyists to put a stop to their “furious” attempts to shape the legislation to their special interests.

The board of directors of the National Association of Regulatory Utility Commissioners (NARUC) voted out resolutions last Wednesday supporting financial reform legislation that carves out an exemption from mandatory clearing requirements for legitimate hedging activities in natural gas and electricity markets, and clearly spells out the exclusive jurisdiction of FERC in regional electricity markets.

The board of directors of the National Association of Regulatory Utility Commissioners (NARUC) voted out resolutions Wednesday supporting financial reform legislation that would carve out an exemption from mandatory clearing requirements for legitimate hedging activities in natural gas and electricity markets, and would clearly spell out the exclusive jurisdiction of the Federal Energy Regulatory Commission in regional electricity markets.

The board of directors of the National Association of Regulatory Utility Commissioners (NARUC) voted out resolutions Wednesday supporting financial reform legislation that would carve out an exemption from mandatory clearing requirements for legitimate hedging activities in natural gas and electricity markets, and would clearly spell out the exclusive jurisdiction of the Federal Energy Regulatory Commission in regional electricity markets.

Global liquefied natural gas (LNG) markets are stronger than some might have expected as demand in China, India and Latin America is supporting prices, according to Houston-based research firm Zeus Development Corp. And this means LNG regasification terminals in the United States will want for cargoes, according to Barclays Capital analysts.