Term

With his third State of the Union speech behind him and the election that could deliver him a second term just over 10 months away, President Obama has taken his “Blueprint for an America Built to Last” on the road, promoting “an all-out, all-of-the-above” energy strategy to audiences in Arizona, Nevada and Colorado.

As TransCanada Corp. pursues various parts of the spurned Keystone XL oil pipeline project, shippers who hold long-term firm contracts equating to 850,000 b/d are continuing to stick with the C$7 billion, 1,700-mile pipeline project, TransCanada CEO Russ Girling told an institutional investment conference in British Columbia (BC) Thursday.

TransCanada Corp. plans to continue to pursue various routes for the spurned Keystone XL oil pipeline project, and shippers holding long-term firm contracts equating to 850,000 b/d also plan to stick with the C$7 billion, 1,700-mile pipeline project, CEO Russ Girling said Thursday.

As TransCanada Corp. pursues various parts of the spurned Keystone XL oil pipeline project, shippers who hold long-term firm contracts equating to 850,000 b/d are continuing to stick with the C$7 billion, 1,700-mile pipeline project, TransCanada CEO Russ Girling told an institutional investment conference in British Columbia (BC) Thursday.

Several key supporters of shale development in New York say the state Department of Environmental Conservation’s (DEC) proposed rules governing high-volume hydraulic fracturing (fracking) are too restrictive and in their current form would drive operators to other states.

The U.S. onshore natural gas industry is helping to fuel recent gains in domestic manufacturing, the White House said in a report Wednesday.

As the final days for public comment over proposed rules governing high-volume hydraulic fracturing (fracking) tick away, legislators in the New York State Assembly have introduced a flurry of bills on the practice, including one to extend a moratorium on it until June 1, 2013.

Eastern markets used to look like the Promised Land to Rockies producers. But surging production growth from the Marcellus Shale amounts to a “keep out” sign planted along the side of Kinder Morgan Energy Partners LP’s (KMP) Rockies Express Pipeline (REX).

The impact of Marcellus Shale drilling on air quality is shaping up to be a major issue this year.