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FERC Summer Forecast Sees Low Natural Gas Prices, Potential Power Problems in California, Texas and Boston, NGI Reports

 DULLES, Va., May 18, 2012 (BUSINESS WIRE) — Low natural gas prices are expected to continue to exert downward pressure on electricity prices this summer, although there could potentially be more volatility in Southern California, Texas and Boston, where power generation capacity reserves are tighter, according to the Federal Energy Regulatory Commission’s (FERC) summer assessment. [...]

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Cheniere Energy CEO: Shale Gas Industry ‘Very Early in the Learning Curve’

The U.S. natural gas industry is still in the initial stages of developing and understanding the technology that can be used to extract natural gas from shale rock formations, according to Charif Souki, chairman and CEO of Cheniere Energy Inc., an LNG import company that is seeking regulatory authority to convert its terminals into export [...]

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Buccaneer Energy Kenai Loop Project Update

Mar 03, 2012 (ACCESSWIRE-TNW via COMTEX) — Sydney, Australia — Buccaneer Energy Limited (asx:BCC.AX) is pleased to give the following update in respect to its 100% owned Kenai Loop project located onshore Cook Inlet, Alaska. The Kenai Loop #1 well commenced production on 14 January 2012 (US time). Since that time normal equipment commissioning issues [...]

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EPA proposes to keep greenhouse gas permitting requirements focused on largest emitters

WASHINGTON — The U.S. Environmental Protection Agency (EPA) is proposing not to change the greenhouse gas (GHG) permitting thresholds for the Prevention of Significant Deterioration (PSD) and Title V Operating Permit programs. Today’s proposal is part of EPA’s common-sense, phased-in approach to GHG permitting under the Clean Air Act. EPA is also proposing steps that [...]

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