U.S. Representatives Support Senate Efforts to Block Funds for Final Weaver’s Cove Authorizations
Posted on May 17, 2007 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on U.S. Representatives Support Senate Efforts to Block Funds for Final Weaver’s Cove Authorizations
The Herald News (Fall River) reports that U.S. Reps. Barney Frank (D-Mass.) and James McGovern (D-Mass.) support a letter by four Senators proposing to deny FERC federal funding to finalize its authorization of the Weaver’s Cove LNG proposal. Rep. Frank noted that he is working to include the same language in a measure to be considered by the House Appropriations Energy and...
Analyst: LNG Spot Market Could Link European and U.S. Gas Prices
Posted on May 16, 2007 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Analyst: LNG Spot Market Could Link European and U.S. Gas Prices
A Lehman Brothers analyst suggests that as additional regasification capacity comes online in the Atlantic Basin, the LNG spot market may expand and begin to link natural gas prices in Europe and the United States. Platts LNG Daily provides more...
LNG Opponents to Demonstrate in Oregon
Posted on May 16, 2007 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on LNG Opponents to Demonstrate in Oregon
The Daily Astorian reports that local activists opposed to LNG development along the Columbia River will convene a “Mothers March Against LNG” on Sunday. The event is sponsored by the Columbia River Clean Energy Coalition, Columbia Riverkeeper, and the Columbia River Business...
Maryland Senator Withdraws LNG Amendment
Posted on May 16, 2007 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity, State and Local Issues | Comments Off on Maryland Senator Withdraws LNG Amendment
Sen. Benjamin Cardin (D-Md.) withdrew his amendment to H.R. 1495 (the Water Resources Development Act) that would have prevented the Secretary of the Army from overruling state authorities in siting LNG terminals. Sen. Cardin’s bill that would give states veto power over terminal siting was referred to the Senate Energy and Commerce Committee and is still pending. E&E News...
Port Esperanza Officials Present Project Details to City Council
Posted on May 16, 2007 in Regas Terminals & Capacity, State and Local Issues | Comments Off on Port Esperanza Officials Present Project Details to City Council
The Long Beach Press Telegram reports that Esperanza Energy officials presented detailed plans regarding the company’s proposed Port Esperanza terminal to the Long Beach (Calif.) City Council on Tuesday. Esperanza Energy has said that it will continue to adjust its proposal to alleviate the concerns that derailed past proposals, such as Sound Energy Solutions’ proposal for...
Senators Propose to Block Funds for Final Weaver’s Cove Authorizations
Posted on May 16, 2007 in Federal Regulation, Policy, Legislation and Politics, Regas Terminals & Capacity | Comments Off on Senators Propose to Block Funds for Final Weaver’s Cove Authorizations
U.S. Senators Jack Reed (D-R.I.), Sheldon Whitehouse (D-R.I.), Edward Kennedy (D-Mass.), and John Kerry (D-Mass.) have sent a letter asking the Senate Appropriations Subcommittee on Energy and Water Development to deny FERC federal funding to finalize its authorization of the Weaver’s Cove LNG proposal. Citing concerns raised by the recent USCG review of the project, the...