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Cash Points See Modest Losses; Storage Prompts Futures Free-Fall

Cash natural gas prices skidded about 4 cents Thursday as traders made sure they got their deals done prior to the release of storage data by the Energy Information Administration (EIA).

May 3, 2013

U.S. Natural Gas Exports Continue to Climb

U.S. exports to Canada set their sixth record high in as many years, increasing by 3.6% at the same time Canadian exports to the United States continued on a downward trajectory, dropping by 4.7%.

April 29, 2013

Wyoming Counties Get Low Air Pollution Grades

Two Wyoming counties have been given failing and “D” grades for their air quality in the American Lung Association’s “State of the Air 2013” report. It said that while air quality overall my be improving nationwide, that is not the case in Wyoming.

April 29, 2013

Budget Concerns Force EIA to Suspend Annual Energy Review

The federal government’s budget sequestration has hit the Energy Information Administration (EIA), forcing the agency to suspend publication of its Annual Energy Review (AER) and its companion publication, Energy Perspectives. The publications, which were to have come out later this year, were to have included data compiled during 2012.

April 29, 2013
ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips leaseholds in the Eagle Ford and Bakken shales, along with the Permian Basin, together boosted their year/year output by 42% in the first quarter, management said Thursday.

April 29, 2013

U.S. Natural Gas Exports Continue to Climb

U.S. exports to Canada set their sixth record high in as many years, increasing by 3.6% at the same time Canadian exports to the United States continued on a downward trajectory, dropping by 4.7%.

April 26, 2013
Tuscaloosa Operators Get Severance Tax Break in Mississippi

Tuscaloosa Operators Get Severance Tax Break in Mississippi

Mississippi Gov. Phil Bryant on Tuesday signed into law several energy bills that were passed by state lawmakers this spring, including one piece of legislation that should encourage more development in the emerging Tuscaloosa Marine Shale (TMS), as well as other unconventional oil and natural gas formations.

April 25, 2013

Industry Briefs

The Railroad Commission of Texas (RRC) has a new $6 million grant program to help companies replace their older forklifts and medium- and heavy-duty diesel vehicles with ultra low-emission natural gas- and propane-fueled equipment. The grant program is funded by the Texas Emissions Reduction Plan through the Texas Commission on Environmental Quality (TCEQ). Since 2005, the RRC has awarded $39.5 million in grants to Texas companies and school districts, and has reduced emissions of smog-forming nitrogen oxides by nearly 5,000 tons. To be eligible for the grants, new equipment must meet the latest emissions standards and operate in one of the 43 counties designated by the TCEQ as having substandard air quality. The grant amount averages $9,500. For more information, visit www.altenergy.rrc.state.tx.us.

April 22, 2013

Colorado, Wyoming Considering More Drilling Oversight

Colorado legislators and Wyoming regulators are looking at different ways to tighten oversight of their states’ oil and natural gas drilling.

April 22, 2013
North Dakota Oil/Gas Bills Hot and Cold

North Dakota Oil/Gas Bills Hot and Cold

Proposed energy bills in the North Dakota legislature continue to hold the spotlight as state lawmakers move closer to their scheduled May adjournment. At least one proposal that could have had a negative impact on oil/natural gas operators was defeated last Friday.

April 17, 2013