Consumer Group Seeks to Overturn PG&E Pipeline Safety Plan

California’s major utility watchdog group, The Utility Reform Network (TURN), asked state regulators Wednesday to reverse their approval in December allowing $214 million of utility ratepayer support for part of Pacific Gas and Electric Co.’s (PG&E) multi-year natural gas pipeline safety enhancement plan.

February 1, 2013
Colorado County Extends Drilling Permit Moratorium

Colorado County Extends Drilling Permit Moratorium

Saying they needed more time to implement new oil and natural gas drilling regulations, elected officials in Boulder County, CO, have extended for four months a drilling permit moratorium to June 10.

January 30, 2013

Bakken Pipeline Capacity Getting Railroaded, Parties at FERC Say

Enbridge Energy Partners LP’s North Dakota crude oil pipeline system has been underutilized since November due to increasing competition from rail and other pipeline transport options, refiner Flint Hills Resources LP, a unit of Koch Industries Inc., told FERC in a filing.

January 18, 2013
BP: U.S. to Become Largest Liquids Producer This Year

BP: U.S. to Become Largest Liquids Producer This Year

The United States likely will surpass Russia and Saudi Arabia this year to become the largest liquids producer in the world because of tight oil and biofuels growth, according to BP plc. North America also is expected to lead in shale gas output to 2030.

January 17, 2013

Ethane, Propane Prices Plumbed Five-Year Depths Last Year

Ethane and propane spot prices during the second half of last year were near or below the bottom of their 2006-2010 range due to an overabundance of supply, the U.S. Energy Information Administration (EIA) said Tuesday.

January 16, 2013

Goldman: Target Upside for 16 Energy Companies

Goldman Sachs analysts recently published their list of the top 40 undervalued stocks and 40% of them were energy-related. Chesapeake Energy Corp. was the only energy stock listed of 25 others “that people expect to fail.”

January 14, 2013

MSC Reaching Out to Promised Land Audiences

MSC also released a longer video on social media channels and is asking viewers to submit their questions about natural gas production and use. The video includes a series of clips from a variety of news programs detailing the economic benefits of developing the Marcellus Shale.

January 8, 2013

Competition for Drilling Water Leading to Innovations

As drillers compete for access to water for their operations, researchers are looking for new ways to reuse and recycle wastewater for the good of the environment, as well as looking ahead to the possibility of more restrictions at the state or federal level that may be imposed on underground injection wells, according to Accenture.

January 2, 2013

U.S. Shale Boom Attracts Foreign Chemical, Service Firms

Although many of its nations have so far spurned their own shale development, European chemical and energy service companies are benefiting from the U.S. shale gas development and the resulting low natural gas prices on this side of the Pond, according to an American Chemistry Council (ACC) economist.

December 11, 2012
Exploratory Drilling Stalled in Part of Colorado

Exploratory Drilling Stalled in Part of Colorado

Leases for oil and gas development along the southern fringe of the Piceance Basin in western Colorado are nearing their expiration as a citizens’ action and the federal Bureau of Land Management (BLM) are blocking five exploration/production (E&P) companies, including a unit of Encana Corp.’s U.S. operations, spread over a five-county area.

November 20, 2012
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