Regulatory

Think U.S. natural gas consumption is declining? Think again. In some parts of the country, efforts to stem the growth of natural gas have gone askew, a signal that the future of the abundant, low-carbon fuel may not be in jeopardy. The fact is, consumers like natural gas, American Gas Association (AGA) CEO Karen Harbert…

Weak natural gas prices are weighing on the minds of oil and gas executives, but the outlook is not all bearish, according to a new survey by the Federal Reserve Bank of Dallas, aka the Dallas Fed. “Natural gas is currently pricing at or below costs of production,” said one respondent from an exploration and…

The first-in-the-nation natural gas ban in Berkeley, CA, is no more after city officials agreed to halt enforcement. The agreement with the California Restaurant Association (CRA), to halt enforcement of the city’s ban on new natural gas pipelines, was anticipated following a ruling by the U.S. Court of Appeals for the Ninth Circuit.  The appeals…

Nominees to fill three FERC vacancies said they would put energy affordability and reliability above other concerns if selected for the positions. They also said a buildout of natural gas infrastructure may be needed to support the growing energy needs of the United States.  The Senate Committee on Energy and Natural Resources last week questioned…

FERC last week granted approval for a pair of natural gas pipeline projects, including Enbridge Inc.’s East Tennessee Natural Gas LLC (ETNG) and Williams’ Transcontinental Gas Pipe Line Company Co. LLC, aka Transco. ETNG’s System Alignment (SA) Program is designed to improve reliability in response to shifts in customer demand that have created imbalances on…

Expanding the use of natural gas tapped from Mexico’s abundant reserves would help to reduce the carbon intensity throughout many areas of the economy, said Jeremy Martin, vice president of Energy & Sustainability at the Institute of Americas. During the upcoming elections, however, Mexicans will decide whether they want more of the same or a…

Sixteen Republican-led states, including Louisiana and Texas, have filed a lawsuit asking a federal court to reverse the Biden administration’s suspension of LNG export project approvals and force it to resume reviewing applications. “This ban disregards statutory mandates, flouts the normal regulatory process, upends the industry, disrupts Plaintiffs’ economies, and subverts our constitutional structure,” the…

Federal Reserve (Fed) policymakers left their benchmark interest rate unchanged and near the highest level of this century – where it has held since mid-2023 – amid lingering inflation worries. However, Fed officials on Wednesday hinted that costs are nearing a healthy level. That could open the door for rate reductions and lower borrowing costs…

While political opposition and market uncertainty continue to mount around the U.S. Department of Energy’s (DOE) pause of LNG export authorizations, Secretary of Energy Jennifer Granholm reassured energy leaders the action was a necessary, but temporary step to better policy making. During a keynote address Monday in Houston during CERAWeek by S&P Global, Granholm rolled…