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Industry Brief

The city of Corpus Christi, TX, is appealing to the Texas Commission on Environmental Quality (TCEQ) to grant it the right to decide whether to sell water to oil and gas producers for hydraulic fracturing and other purposes in the Eagle Ford Shale of South Texas. One company has approached the city to buy water for industrial purposes, according to Corpus Christi Water Director Gus Gonzalez, as reported by the city’s Caller-Times newspaper. If the TCEQ agrees, the city would be allowed to divert surface water from the Choke Canyon reservoir for mining activities. “If [city] council approves any contract water sales, then all revenues generated will be deposited to the water fund and used to either reduce rates or fund future water supplies,” according to a city document related to the matter.

June 29, 2012

Researcher: Allowing LNG Export ‘Right Policy Call’

U.S. regulators should approve applications to export liquefied domestic natural gas, but they should let markets decide whether and to what extent exports happen, a Council on Foreign Relations researcher asserts in an upcoming paper. Exports will have drawbacks, but these can be mitigated and will be outweighed by benefits of export, council Senior Fellow Michael Levi told reporters last Wednesday.

June 11, 2012

DOJ Asked to Probe Natural Gas Shut-Ins

A Washington, DC-based watchdog group last week called on the Department of Justice (DOJ) to investigate whether large natural gas producers, notably Chesapeake Energy Corp. and ConocoPhillips, are conspiring to limit their production to raise the price of natural gas in violation of the antitrust laws. ConocoPhillips said the allegations are “without foundation.”

June 11, 2012

Researcher: Allowing LNG Export ‘Right Policy Call’

U.S. regulators should approve applications to export liquefied domestic natural gas, but they should let markets decide whether and to what extent exports happen, a Council on Foreign Relations researcher asserts in an upcoming paper. Exports will have drawbacks, but these can be mitigated and will be outweighed by benefits of export, council Senior Fellow Michael Levi told reporters Wednesday.

June 7, 2012

Town of Rochester, NY, Weighing Gas Extraction Ban

Officials in the Town — not the City — of Rochester, NY, are considering a ban on natural gas extraction.

June 6, 2012

Watchdog Group Asks DOJ to Probe Possible Gas Price Manipulation

A Washington, DC-based watchdog group has called on the Department of Justice (DOJ) to investigate whether large natural gas producers, notably Chesapeake Energy Corp. and ConocoPhillips, are conspiring to limit their production to raise demand for and increase the price of natural gas in violation of the antitrust laws. ConocoPhillips said the allegations are “without foundation.”

June 6, 2012

New York Landowners Group Presents ‘Declaration of Rights’

A coalition of New York landowners who support natural gas development came to the state capital on Wednesday to meet elected officials backing their cause and to deliver them a six-point landowners’ “declaration of rights.”

May 14, 2012

Post-Macondo, Offshore Risk Management Still Cause for Debate

Two years after the Macondo well blowout, the debate continued last week at the Offshore Technology Conference in Houston about whether oil and natural gas companies prioritize the the safety and risk management culture on drilling platforms or start-up dates for offshore drilling projects.

May 7, 2012

Post-Macondo, Offshore Risk Management Still Cause for Debate

Two years after the Macondo well blowout, the debate continued Monday at the Offshore Technology Conference in Houston over whether oil and natural gas companies prioritize the start-up dates for offshore drilling projects or the safety and risk management culture on drilling platforms.

May 1, 2012

New York DEC Commissioner: No Timetable on Frack Rules

New York Department of Environmental Conservation (DEC) Commissioner Joseph Martens said there currently is no timeline for a decision on whether hydraulic fracturing (fracking) will be permitted in the Empire State’s portions of the Marcellus and Utica shales, but he predicted a long summer of work ahead.

April 23, 2012
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