Archive for June, 2009

Passage of Waxman-Markey Bill Praised by President — Panned by Industry

The CEO of Anadarko echoed many when he said that a tax on carbon dioxide would be more straightforward than the bill’s so-called cap-and-trade plan, which seeks to “hide the ball” and targets production instead of consumption. The climate bill would result in higher energy prices, and “green” jobs would be created at the cost of some conventional work.

29Jun2009 | admin | 0 comments | Continued

Opinion: Western Caucus Should Broaden Members, Vision

There’s certainly a place for such a caucus in the Senate. Western states do have a number of common concerns, and organizing a group to articulate a Western perspective on important national issues is a commendable idea. But there are a couple of problems with the newly formed group.

29Jun2009 | admin | 0 comments | Continued

Big Oil’s Answer to Carbon Law May Be
Fuel Imports

America’s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports, according to ConocoPhillips Chief Executive Officer Jim
Mulva.

26Jun2009 | admin | 0 comments | Continued

“No Easy Answers” for Wyoming Economy

Federal Reserve Bank of Kansas City President, Thomas Hoenig, says Wyoming’s commodity economy has to diversify to survive the downturn and that means green energy. But, he cautions: Don’t subsidize wind power, it should stand on its own.

23Jun2009 | admin | 0 comments | Continued

Wind Rush Coming to Campbell County

California-based Third Planet Windpower is in the process of developing a 133-turbine wind farm on 14,000 acres in the southwest corner of Campbell County.

22Jun2009 | admin | 0 comments | Continued

Report of Abundant U.S. Natural Gas Supplies
Rattles Energy Debate

The increase is largely due to the viability of tapping gas from shale formations, such as in the Rocky Mountains. New and advanced exploration, well drilling and completion technologies are “allowing us increasingly better access to domestic gas resources — especially ‘unconventional’ gas,” said John Curtis of the Colorado School of Mines.

19Jun2009 | admin | 0 comments | Continued

Wind Energy Definite Part of Platte County’s Future

Grant Stumbough, Southeastern Wyoming Resource Conservation and Development Coordinator, has been working with local Wind Energy Associations to promote a grassroots approach to wind development.

17Jun2009 | admin | 0 comments | Continued

Natural Gas Producers Seek Balance

They’ve been idling rigs for six months, trying to reduce output and boost prices that fell sharply amid bloated inventories and recession-shrunken demand. That sweet spot remains elusive, despite a 56 percent reduction in the number of rigs drilling for natural gas, to 700 from the September peak of more than 1,600.

16Jun2009 | admin | 0 comments | Continued

EnCana Establishes Fixed Price Hedges on Gas Production

EnCana Corporation has extended its risk management program for 2010 by establishing fixed price hedges on about 35 percent of the company’s expected natural gas production.

15Jun2009 | admin | 0 comments | Continued

Barrasso Takes on Obama Administration Over
Oil, Gas and Coal Issues

The Senator told the association he has an amendment to a bill concerning transmission lines that says if more than a certain percent of your state is owned by the federal government, then eminent domain shouldn’t be used. Instead government land should be used for those transmission lines. Under the proposed amendment, Wyoming would qualify.

15Jun2009 | admin | 0 comments | Continued