North Dakota continues to set new records for oil and natural gas production, but it also continues to see more flared gas, according to officials.
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U.S. Gas, Oil Infrastructure to Remain in High Demand
Demand for natural gas and oil infrastructure equipment is on track to rise 6.3% a year between now and 2016 when it will total $12.1 billion, according to a report by industry market researcher The Freedonia Group Inc.
O’Malia Calls on CFTC to Avert Dodd-Frank Regulatory Cliff
The Commodity Futures Trading Commission (CFTC) needs to take action by mid-December to avoid a repeat of Oct.12, when the agency issued an 11th-hour flurry of no-action letters deferring the compliance deadline for a number of Dodd-Frank Wall Street rules, said Commissioner Scott O’Malia. Just as the nation faces a fiscal cliff, the agency faces the Dodd-Frank Regulatory Cliff.
FERC OKs Partial Service on MARC-I Hub Line Project
FERC Thursday approved Inergy subsidiary Central New York Oil and Gas Co.’s (CNYOG) request to begin partial service on its MARC-I Hub Line project in northeastern Pennsylvania on or before Nov. 14, giving northern markets greater access to Marcellus Shale gas. It said it plans to soon seek authorization to place the entire project into operation by Dec. 1.
Ohio Landowners Optimistic They Will Lease Their 95K Acres
Several groups of Ohio landowners looking to lease thousands of acres in the Utica Shale believe their prospects are getting brighter now that the U.S. presidential election is over, oil and natural gas companies are starting to make moves and promising results are emerging from a well in Athens County.
Pennsylvania DEP Denies Allegations It Skewed Water Tests
A Pennsylvania lawmaker is calling for federal and state authorities to investigate the state Department of Environmental Protection (DEP), alleging that it committed fraud and misconduct when it tested water supplies suspected of being tainted by natural gas drilling.
House Lawmaker Plans Post-Election Climate Change Bill
In what may be his swan song from Congress, retiring Rep. Dennis Kucinich (D-OH) Wednesday said he plans to introduce climate change legislation when Congress returns after the elections.
Frankenstorm Forces Trading Exchanges to Evacuate Manhattan
Taking cover from what the news media is describing as the “Frankenstorm,” which is what is expected to result when Hurricane Sandy veers onshore into the Mid-Atlantic and Northeast and collides with a cold front from the West, trading exchanges announced their modified operating plans on Sunday.
Environmental Review for Ruby Pipeline Ordered
The U.S. Department of Interior’s Bureau of Land Management (BLM) and U.S. Fish and Wildlife Service (FWS) violated the Endangered Species Act and the National Environmental Policy Act when they approved the 700-mile Ruby Pipeline, an appeals court has ruled. The agencies must now develop additional mitigation measures.
Court Orders Additional Environmental Mitigation for Ruby Pipeline
The U.S. Department of Interior’s Bureau of Land Management (BLM) and U.S. Fish and Wildlife Service (FWS) violated the Endangered Species Act and the National Environmental Policy Act when they approved the 700-mile Ruby Pipeline, an appeals court has ruled. The agencies must now develop additional mitigation measures.