Tame

Under increasing pressure from Congress to tame rising energy prices, Commodity Futures Trading Commission (CFTC) regulators told a Senate committee last Wednesday that the agency needs significantly more funds and staff members to carry out its mission.

Under increasing pressure from Congress to tame rising energy prices, Commodity Futures Trading Commission (CFTC) regulators told a Senate committee Wednesday that the agency needs significantly more funds and staff members to carry out its mission.

Domestic natural gas prices are expected to remain tame over the next five years, but they are likely to become more volatile in the years beyond as the demand for gas by power generators rises, several energy experts said last Tuesday.

Domestic natural gas prices are expected to remain tame over the next five years, but they are likely to become more volatile in the years beyond as the demand for gas by power generators rises, several energy experts said Tuesday.

The Senate Judiciary Committee approved by voice vote Thursday a bill that seeks to tame natural gas and crude oil prices by strengthening antitrust enforcement and bolstering competition in the energy industry.

Senate Judiciary Committee Chairman Arlen Specter (R-PA) and five other members of the panel introduced legislation Thursday that seeks to tame natural gas and crude oil prices by strengthening antitrust enforcement and bolstering competition in the energy industry.

Stand-alone natural gas legislation offered in the Senate last Wednesday seeks to tame gas prices by giving coastal states the opportunity to opt out of the federal moratorium on offshore oil and gas leasing and potentially freeing up gas-rich Lease 181 in the eastern Gulf of Mexico for leasing, as well as promoting a number of other initiatives to slice gas demand and bolster supply.

Stand-alone natural gas legislation offered in the Senate Wednesday seeks to tame gas prices by giving coastal states the opportunity to opt out of the federal moratorium on offshore oil and gas leasing and potentially freeing up gas-rich Lease 181 in the eastern Gulf of Mexico for leasing, as well as promoting a number of other initiatives to slice gas demand and bolster supply.

Canadian producers heaved sighs of relief when a blowout of “sour” natural gas, laced with lethal hydrogen-sulphide, was capped according to a plan devised by a Texas master of wild well control without causing serious injuries on the western boundary of the Alberta capital of Edmonton.