Shale gas is already impacting the Northwest; the question is whether it can realize its full potential, said a regional gas industry trade group head.
Trade
Articles from Trade
Trade Group Warns of Potential MLP Taxation Shift
A trade association that represents publicly traded partnerships has warned its members that the Obama administration is considering corporate-level taxation of pass-through entities, such as master limited partnerships (MLP). Such a change would have significant consequences for the midstream energy sector where numerous companies are MLPs.
Pennsylvania Congressman Favors Exporting Shale Gas
Rep. Glenn “GT” Thompson (R-PA) said he supports exporting surplus Marcellus Shale gas to China and other countries that do not have free trade agreements with the U.S., and also backs the concept of exporting liquefied natural gas (LNG) from a port in Maryland.
Pennsylvania Congressman Favors Exporting Shale Gas
Rep. Glenn “GT” Thompson (R-PA) said he supports exporting surplus Marcellus Shale gas to China and other countries that do not have free trade agreements with the U.S., and also backs the concept of exporting liquefied natural gas (LNG) from a port in Maryland.
APGA Faults Proposed Position Limits
A municipal gas utility trade group has called on the Commodity Futures Trading Commission (CFTC) to reduce the proposed levels of the speculative position limits for non-spot month contracts.
Futures Rally on Cries That Spring Has Not Yet Sprung
Those who viewed the lackluster morning trade and forecasted a quiet lead into the weekend for natural gas futures were sorely mistaken as a fierce round of short-covering was sparked just before 2 p.m. EDT. April natural gas futures reached a high of $4.425 before closing out the regular session at $4.403, up 15.9 cents from Thursday’s close.
API Moves to Establish Offshore Safety Center
A trade group representing oil and natural gas producers is taking steps to create a Center for Offshore Safety, which mirrors the industry-managed offshore safety institute proposed by the presidential commission on the BP plc oil spill earlier this year (see NGI, Jan. 17). At the same time, the Interior Department has picked members of an ocean energy advisory panel who have been tasked with providing advice on how best to establish a safety institute within the department. The industry and Interior safety efforts are separate, but related.
API Moves to Establish Offshore Safety Center
A trade group representing oil and natural gas producers is taking steps to create a Center for Offshore Safety, which mirrors the industry-managed offshore safety institute proposed by the presidential commission on the BP plc oil spill earlier this year (see Daily GPI, Jan. 12). The API’s action comes only days after the Interior Department made its first move towards creating an offshore energy safety institute.
Congress Urged to Give Shippers Refund Parity
A trade group representing municipal gas utilities has renewed its call for Congress to revise the Natural Gas Act (NGA) to give shippers on interstate natural gas pipelines the authority to request refunds if their rates have been over-recovered.
Congress Urged to Give Shippers Refund Parity with Electric Customers
A trade group representing municipal gas utilities has renewed its call for Congress to revise the Natural Gas Act (NGA) to give shippers on interstate natural gas pipelines the authority to request refunds if their rates have been over-recovered.