While there are few new initiatives to boost domestic gas supply in the Bush Administration’s $2.4 trillion budget for 2005, other than the highly contentious issue of opening up the Arctic National Wildlife Refuge (ANWR) to oil and gas drilling, Minerals Management Service (MMS) Director Johnnie Burton believes existing and proposed plans by her agency could provide a significant drilling incentive for producers.
Trillion
Articles from Trillion
Burton: MMS Plans RIK Expansion, Royalty Deductions for Transportation Costs
While there are few new initiatives to boost domestic gas supply in the Bush Administration’s $2.4 trillion budget for 2005, other than the highly contentious issue of opening up the Arctic National Wildlife Refuge (ANWR) to oil and gas drilling, Minerals Management Service (MMS) Director Johnnie Burton believes existing and proposed plans by her agency could provide a significant drilling incentive for producers.
Forrester Sees ICE, TradeSpark Gaining, Others Falling Behind
Online energy trading will reach $3.6 trillion in 2005, fueled primarily by the growth of financial derivatives, according to a new report by Forrester Research. The report predicts several newcomers eventually will catch up to EnronOnline (EOL), the clear e-commerce leader in 2000, but several other independent exchanges could become casualties in the next few years.