Senate Finance Committee Approves Highway Trust Fund Bill with Bennet-Udall Measure to Treat LNG Equally to Diesel Fuel
Posted on Jul 14, 2014 in Federal Regulation, Policy, Legislation and Politics | Comments Off on Senate Finance Committee Approves Highway Trust Fund Bill with Bennet-Udall Measure to Treat LNG Equally to Diesel Fuel
The Senate Finance Committee approved a bill to sustain the Highway Trust Fund into early 2015. The Preserving America’s Transit and Highways Act includes a provision to introduced by Senator Michael Bennet (D-Colo.), Senator Richard Burr (R-N.C.), and Senator Orrin Hatch (R-Utah) to allow liquefied natural gas (LNG) to be treated comparably with diesel fuel by requiring that LNG be...
Senators Hoeven, McCain, Murkowski, and Barrasso Introduce the North Atlantic Energy Security Act
Posted on Jul 14, 2014 in Federal Regulation, Policy, Legislation and Politics | Comments Off on Senators Hoeven, McCain, Murkowski, and Barrasso Introduce the North Atlantic Energy Security Act
Senators John Hoeven (R-N.D.), John McCain (R-Ariz.), Lisa Murkowski (R-Ala.) and John Barrasso (R-Wyo.) introduced The North Atlantic Energy Security Act, a bill that aims to streamline the approval process for liquefied natural gas (LNG) production and infrastructure development projects. The law would reform the leasing process for onshore oil and natural gas projects on federal...
Report Questions Canada’s Preparedness for Future LNG Market
Posted on Jul 11, 2014 in Canada & Mexico, Federal Regulation, LNG Exports, Markets and Competition, Policy, Legislation and Politics | Comments Off on Report Questions Canada’s Preparedness for Future LNG Market
A report published in July 2014 by the University of Calgary, School of Public Policy says there is a serious risk of Canada losing out on a large share of the global LNG market. The market for natural gas in the Asia-Pacific region is expected to increase over 60% by 2025, and LNG is predicted to comprise almost 66% of the global gas market by 2035. These opportunities would open a...
Senators Submit Proposal for New LNG and CNG Retail Units
Posted on Jul 10, 2014 in Federal Regulation, Markets and Competition, Policy, Legislation and Politics | Comments Off on Senators Submit Proposal for New LNG and CNG Retail Units
Politico reports that U.S. Senator John Thune, the ranking member of the U.S. Senate Commerce Committee, and more than twenty senators have delivered a letter to the U.S. Secretary of Commerce, Penny Pritzker, recommending a proposal by the National Conference on Weights and Measures that would permit retailers to sell LNG and CNG in diesel gallon equivalent units. Senator Thune and...
DOE Approves Changes to Cameron LNG Export Authorization
Posted on Jul 9, 2014 in Federal Regulation, LNG Exports | Comments Off on DOE Approves Changes to Cameron LNG Export Authorization
The Department of Energy (“DOE”) issued an order approving changes in the control of export authorizations. In February 2014, Cameron LNG, LLC (“Cameron”) filed an application with the Office of Fuel Energy (“FE”) of the DOE to transfer indirect control of a DOE/FE authorization to export LNG to free-trade-agreement (“FTA”) countries and a DOE/FE conditional authorization to export...
PHMSA Proposed LNG Facility User Fee Rate Increase
Posted on Jul 7, 2014 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on PHMSA Proposed LNG Facility User Fee Rate Increase
The Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a Notice of Agency Action on July 3, 2014 of an increase in the user fee rates 5 percent of the total gas program costs. The increase will be implemented incrementally over a three-year period. Interested parties can submit comments until September 2,...