A bill to tighten California’s rules for natural gas storage wells (SB 380) was signed into law Tuesday by Gov. Jerry Brown, enhancing oversight and testing imposed in the wake of the four-month leak at the Aliso Canyon underground storage facility.
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California Governor Signs Gas Storage Bill; Lawmakers Review Summer Power Risks
A bill to tighten California’s rules for natural gas storage wells (SB 380) was signed into law Tuesday by Gov. Jerry Brown, enhancing oversight and testing imposed in the wake of the four-month leak at the Aliso Canyon underground storage facility.
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.
Shale-Driven Low Gas Prices Reorder Power Sector
Shale-inspired historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called “this rapid shift in natural gas economics.”
Hearing on Fort Worth Drilling Proposal Draws Crowd
Fort Worth City Council members got an earful Tuesday night from a standing-room-only audience about a proposal to tighten drilling restrictions in the Barnett Shale town. Protected use areas, multiple well pad site permitting and saltwater disposal are among the items being weighed.
EIA Trims Forecast of Higher Gas Prices in 2012
The natural gas market will begin to tighten next year, and the Henry Hub spot price will average $4.41/MMBtu — following a projected $4.24/MMBtu this year — the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for August.
EIA Trims Forecast of Higher Gas Prices in 2012
The natural gas market will begin to tighten next year, and the Henry Hub spot price will average $4.41/MMBtu — following a projected $4.24/MMBtu this year — the Energy Information Administration (EIA) said in its Short-Term Energy Outlook for August.
Pennsylvania Panel OKs Tougher Drilling Rules
Pennsylvania’s Independent Regulatory Review Commission on Thursday approved proposed rules that would tighten regulations on oil and gas well drilling.
Proposed Oregon Law to Tighten LNG Siting Rules
A proposal that surfaced Monday in the lower house of the Oregon Legislature bids to tighten the state’s authority in the siting process for liquefied natural gas (LNG) facilities. At least one LNG project proponent has labeled the proposal as unworkable and unnecessary, along with denying the state future economic benefits that could come with LNG imports.
With Blockbuster Q1, ‘Worst May Be Over’ for Utilities — Analysts
The utility sector was the top performer in the first quarter of this year and for many companies, the worst may be over, according to a report by CreditSights analysts. Although there are “a lot” of risky names, the analysts believe the sector as a whole is becoming more stable — but there still is substantial work ahead for some.