The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.
Tactics
Articles from Tactics
Pennsylvania Governor Bars Drilling on State Forest Land
In a move that could be seen as retribution for state Senate Republicans’ negotiating tactics and opposition to a proposed natural gas severance tax, Pennsylvania Gov. Ed Rendell Tuesday signed an executive order placing an immediate ban on leases for oil and gas development on any land owned and managed by the state’s Department of Conservation and Natural Resources (DCNR).
Rendell Bars Drilling on Pennsylvania State Forest Land
In a move that could be seen as retribution for state Senate Republicans’ negotiating tactics and opposition to a proposed natural gas severance tax, Pennsylvania Gov. Ed Rendell Tuesday signed an executive order placing an immediate ban on leases for oil and gas development on any land owned and managed by the state’s Department of Conservation and Natural Resources (DCNR).
Industry Briefs
SEMCO Energy Gas Co. said Thursday that it is alerting customers of possible deceptive marketing tactics targeting natural gas customers in the utility’s service areas. The company said it has received complaints of customers being contacted by people claiming to be marketing natural gas contracts to residential and business customers and implying they are associated with SEMCO Energy. SEMCO Energy said it does not solicit residential or commercial customers for natural gas contracts and is urging its customers to be “extremely cautious” about any personal information they provide in telephone solicitations. The utility advised customers who have questions about being contacted by someone representing SEMCO Energy to call 1-800-624-2019.Customers of the utility have the option to buy their natural gas from a third-party provider, however, SEMCO Energy said it does not solicit customers to sign up for the customer choice program. The Michigan Public Service Commission (MPSC) provides a list of all natural gas marketers licensed in Michigan on the MPSC website: http://www.cis.state.mi.us/mpsc/gas/choice.htm. The site includes a tab showing eligible customer choice marketers active in SEMCO Energy’s service areas. The utility distributes natural gas to more than 400,000 customers combined in Michigan, as SEMCO Energy Gas Co. and in Alaska, as ENSTAR Natural Gas Co.
Senate Panel Probes Possible Manipulation by Natural Gas Futures Traders
The Senate Energy and Natural Resources Committee has initiated an inquiry into whether traders of natural gas futures contracts are engaging in market manipulation tactics that drive up the prices ultimately paid by end-use gas consumers.
Senate Panel Probes Possible Manipulation by Natural Gas Futures Traders
The Senate Energy and Natural Resources Committee has initiated an inquiry into whether traders of natural gas futures contracts are engaging in market manipulation tactics that drive up the prices ultimately paid by end-use gas consumers.
FERC Staff Seeks More Data from CAISO on Enron Trading Tactics
FERC staff has asked the California Independent System Operator (CAISO) to provide the federal agency with additional information the grid operator has collected that may shed further light on whether other power companies engaged in questionable trading strategies executed by former energy trading giant Enron Corp.
Abraham Blasts Critics of Energy Plan for Unfair Tactics
Secretary of Energy Spencer Abraham took the not-so-original position of blaming pollsters and the media last Wednesday for unfairly criticizing the administration’s energy plan. He said they’re simply using the wrong measuring stick by singling out issues that are obviously disliked the most, such as drilling in the Arctic National Wildlife Refuge (ANWR), while many of the other important issues are never even mentioned, let alone subjected to public opinion polls.
Abraham Blasts Critics of Energy Plan for Unfair Tactics
Secretary of Energy Spencer Abraham took the not-so-original position of blaming pollsters and the media Wednesday for unfairly criticizing the administration’s energy plan. He said they’re simply using the wrong measuring stick by singling out issues that are obviously disliked the most, such as drilling in the Arctic National Wildlife Refuge, while many of the other important issues are never even mentioned, let alone subjected to public opinion polls.