"A debate is emerging over how curbs on energy market speculation may impact oil prices, with at least one major bank boldly expecting the new rules will trigger a 30 per cent price plunge..."
OGJ: NAPE: Frac regulation Washington's 'worst threat'
"A move to regulate hydraulic fracturing federally is the “biggest threat our industry has ever seen in Washington,” Bruce Vincent, vice-chairman of the Independent Petroleum Association of America, said Aug. 26.
Joel Noyes, IPAA director of government relations and industry affairs, expressed a low expectation for passage of most of the Obama administrations frenzied agenda, much of which contains negative provisions for oil and gas producers.
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Barron's: Time for Natural-Gas Autos?
"AS "CASH FOR CLUNKERS" DEMONSTRATED, AMERICANS love a deal. And Congress may have yet another for you when it returns from summer recess.
The plan is to offer tax credits worth up to $12,500 on the purchase of new cars and trucks. The catch is that your new vehicle must run on natural gas -- compressed natural gas, or CNG, to be precise. A Senate bill, the counterpart to the House's NAT GAS Act, also would offer up to $64,000 in tax credits on fleet vehicles, and up to $100,000 to anyone opening a CNG filling station.
Washington is beginning to wake up to the value of using this plentiful, homegrown fuel for transportation -- and that in turn could open up some intriguing investment opportunities..."
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