Voted

A House Energy and Commerce subcommittee Thursday voted out legislation that would bar the Environmental Protection Agency (EPA) from regulating carbon dioxide (CO2) and other greenhouse gas (GHG) emissions under the Clean Air Act (CAA).

The Commodity Futures Trading Commission (CFTC) last Wednesday narrowly voted out a much-anticipated joint proposal with the Securities and Exchange Commission (SEC) defining “swap dealers” and “major swap participants.”

The West Virginia Legislature’s House Judiciary Committee is expected to vote Thursday on a bill that would make several changes to the state’s regulation of Marcellus Shale drilling, including instituting dramatic increases to horizontal permitting fees to fund a larger staff at the Department of Environmental Protection (DEP).

The Commodity Futures Trading Commission (CFTC) Thursday voted out the long-anticipated proposal to set hard position limits to curb excessive speculation in the derivatives market. And until the position limits can be finalized and implemented, the head of the agency issued a directive for staff to closely monitor traders with large positions.

The Commodity Futures Trading Commission (CFTC) Thursday voted out the long-anticipated proposal to set hard position limits to curb excessive speculation in the derivatives market. And until the position limits can be implemented, the agency head issued a directive for staff to closely monitor traders with large positions.

The Commodity Futures Trading Commission (CFTC) last Thursday narrowly voted out the long-awaited proposal exempting end-users that use swaps to hedge or mitigate commercial risks from the mandatory clearing requirement under the Dodd-Frank Wall Street Reform Act.

The Commodity Futures Trading Commission (CFTC) Thursday narrowly voted out the long-awaited proposal exempting end-users that use swaps to hedge or mitigate commercial risks from the mandatory clearing requirement under the Dodd-Frank Wall Street Reform Act.

The Commodity Futures Trading Commission (CFTC) Wednesday narrowly voted out a much-anticipated joint proposal with the Securities and Exchange Commission (SEC) defining “swap dealers” and “major swap participants.”

For the second time in four months, Broome County, NY, legislators have voted against an application from Denver-based Inflection Energy to lease acreage for natural gas drilling. In a 10-3 vote late Thursday, the county’s legislature killed an Inflection proposal to pay the county $2,250-2,750/acre to lease 3,200 acres for five years for gas drilling. A previous proposal, which would have paid $3,000/acre for 5,500 acres, was withdrawn by County Executive Barbara Fiala this summer after the legislature said it would not approve the plan. Inflection had removed from its proposal some Marcellus Shale acreage that includes county parkland or acreage adjacent to parkland. Both proposals offered a 20% royalty. A de facto moratorium on drilling in the state, which was put in place two years ago, remains in effect while the Department of Environmental Conservation reviews its permitting regulations (see Shale Daily, Oct. 13).