Rep. Tony Hall (D-OH) has introduced legislation to create anatural gas reserve to help stabilize the market during times oflow supply and high prices. The proposed reserve would be modeledafter the Strategic Petroleum Reserve (SPR) and the Northeast HomeHeating Oil reserve, the latter of which allows heating oilsupplies to be drawn down during times of tight supply.
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Alaska Announces Five-Year Leasing Schedule
Alaska Gov. Tony Knowles unveiled a new five-year lease saleschedule last week that will include 16 areawide oil and gas leasesales through 2005, with acreage on the Cook Inlet, North Slope andFoothills and in Beaufort Sea.
Knowles Says Economic, Political Stars Aligned for AK Gas Pipeline
Alaska Gov. Tony Knowles’ State of the State address last week centered on what could become the legacy of his administration: an 1,800-mile natural gas pipeline to transport the state’s 36 Tcf to the marketplace. With energy prices and energy consumption bursting at the seams, Knowles is dedicating the remainder of his term, which expires in 2003, to the gas project.
Gas Pipeline Centerpiece of Knowles’ Agenda
Alaska Gov. Tony Knowles’ State of the State address this weekcentered on what could become the legacy of his administration: an1,800-mile natural gas pipeline to transport the state’s 36 Tcf tothe marketplace. With energy prices and energy consumption burstingat the seams, Knowles is dedicating the remainder of his term,which expires in 2003, to the gas project.
TRC Commissioner Issues Gas Price Warning
Texas Railroad Commissioner Tony Garza warned the statelegislature and the Texas Congressional delegation last week of anexpected 55% increase in natural gas prices this winter for smallcustomers and the expected continuation of high prices for the nextyear to 18 months.
TRC Commissioner Issues Gas Price Warning
Texas Railroad Commissioner Tony Garza warned the statelegislature and governor yesterday of an expected 55% increase innatural gas prices this winter for small customers and the expectedcontinuation of high prices for the next year to 18 months.
Alaska Governor to Push Pipeline Tax Incentives
Giving it one more try in his last two years in office, AlaskaGov. Tony Knowles expects to introduce legislation this fall thatwould lower the tax barriers for potential stranded natural gasprojects — such as a possible natural gas pipeline — to bringgas from the North Slope to the Lower 48 and gas-to-liquidsfacilities.
Alaska Governor to Push Pipeline Tax Incentives
Giving it one more try in his last two years in office, AlaskaGov. Tony Knowles expects to introduce legislation this fall thatwould lower the tax barriers for potential stranded natural gasprojects — such as a possible natural gas pipeline — to bringgas from the North Slope to the Lower 48 and gas-to-liquidsfacilities.
Alaska Urges FTC to OK BP Amoco-Arco Deal
Alaska Gov. Tony Knowles last week called on a hesitant FederalTrade Commission (FTC) to swiftly approve BP Amoco’s proposedacquisition of Atlantic Richfield Co. (Arco), which has beenstalled at the agency due to antitrust concerns.
Alaska Urges FTC to OK BP Amoco-Arco Deal
Alaska Gov. Tony Knowles last week called on a hesitant FederalTrade Commission (FTC) to swiftly approve BP Amoco’s proposedacquisition of Atlantic Richfield Co. (Arco), which has beenstalled at the agency due to antitrust concerns.