Vulnerable

The nation’s energy infrastructure remains vulnerable to ongoing cyber attacks and the government is powerless to do anything about it, FERC Chairman Jon Wellinghoff said in Washington, DC, Wednesday.

Many of the regulatory reforms being implemented and proposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act will be vulnerable to legal challenges if the Commodity Futures Trading Commission (CFTC) fails to conduct a “robust cost-benefit analysis” of the new rules, said CME Group last week.

Many of the regulatory reforms being implemented and proposed under the Dodd-Frank Wall Street Reform and Consumer Protection Act will be vulnerable to legal challenges if the Commodity Futures Trading Commission (CFTC) fails to conduct a “robust cost-benefit analysis” of the new rules, said CME Group Monday.

Because of unprecedented damage from last year’s record hurricane season, Gulf of Mexico (GOM) oil and natural gas production and infrastructure remain vulnerable to even modest storms, which could affect commodity prices this season, according to energy consultant Wood Mackenzie.

Because of unprecedented damage from last year’s record hurricane season, Gulf of Mexico (GOM) oil and natural gas production and infrastructure remain vulnerable to even modest storms this year, according to energy consultant Wood Mackenzie.

Standard & Poor’s Ratings Services announced Tuesday it is establishing new liquidity adequacy guidelines for U.S. energy merchants, which are particularly vulnerable to large and sudden liquidity demands related to collateral calls.

Extreme weather and questionable interstate natural gas pipeline capacity for the peak demand could compromise California energy reliability this summer, according to an outlook report from the Energy Security Analysis, Inc. (ESAI) in its latest assessment of North American natural gas capabilities. California’s chief gas forecaster, however, isn’t worried about this summer because demand for gas from generators will be down compared to last summer.