Supply

Natural gas reserves transform Israel's energy outlook

Source: 
The Washington Post
Discoveries of natural gas resources in Israel have cut the nation's dependence on foreign energy resources and could make Israel an energy exporter, The Washington Post reports.
Bipartisan Policy Center Photo

Dorgan, Johnston tell Congress not to restrict LNG exports

Two former Democratic senators say Congress and the Obama administration should not stand in the way of natural gas exports, adding to calls by proponents for the market to regulate prices.

The former senators -- Byron Dorgan of North Dakota and J. Bennett Johnston of Louisiana -- plan to tell a House Energy and Commerce subcommittee hearing on Tuesday that shipping costs and demand will limit domestic price increases, according to their prepared remarks.

Environmental groups petition FERC to study Dominion LNG terminal

Source: 
StateImpact Pennsylvania

The Sierra Club and other environmental groups filed comments against the Dominion Cove liquefied natural gas export terminal and called for a FERC environmental impact statement on the plan, StateImpact Pennsylvania reports.

House Energy and Commerce subcommittee hearing on energy exports

Washington, May 7, 2013, 10:00 am

House Energy and Commerce Energy and Power Subcommittee hearing, "U.S. Energy Abundance: Exports and the Changing Global Energy Landscape." Former Sen. J. Bennett Johnston, former Sen. Byron Dorgan among witnesses. 

Florida House approves bill to push natural gas vehicles

Source: 
Platts
The Florida House of Representatives overwhelmingly passed a tax incentive bill designed to urge companies to use natural gas vehicles, Platts reports.

Iraq, Shell officially kick off major gas project

BAGHDAD (AP) — Royal Dutch Shell says it has officially kicked off a multibillion-dollar project to tap natural gas in Iraq's south.

Moody's projects DOE will approve some LNG export requests

Source: 
The Hill
Moody's projected the Energy Department would approve a limited number of liquefied natural gas export projects, The Hill reports.

House GOP to highlight support for fracking, nat gas exports

House Republicans are moving to show their support for natural gas exports and opposition to planned hydraulic fracturing regulations on federal lands.

The House Natural Resources Committee scheduled a hearing for May 8 that called the Interior Department's expected fracturing regulations a "recipe for government waste, duplication and delay." Separately, a House Energy and Commerce subcommittee is to hold a hearing on May 7 to stress the economic benefits of liquefied natural gas exports.

House Energy subcommittee to hold hearing on LNG exports

Source: 
The Hill

The House Energy and Commerce Subcommittee on Energy and Power will hold a hearing on liquefied natural gas exports next week, The Hill reports.

Oil

USGS doubles estimate of Williston Basin recoverable oil

The Williston Basin in the upper Plains states has more than double the amount of undiscovered, technically recoverable oil than previously estimated, the Interior Department said Tuesday.

The U.S. Geological Survey's updated assessment of oil in the U.S. portion of the basin in Montana, North Dakota and South Dakota raised the government's estimate to nearly 7.4 billion barrels.

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