In energy debates, fear and ignorance form a lethal combination. When the subject is LNG, the two can wreak havoc among otherwise rational people trying to reach reasonable, long-term decisions on natural gas supply.
In overnight electronic trading Mar. 27, crude futures prices jumped more than $5 to $68.09/bbl in New York and to $69/bbl for North Sea Brent in London, marking the biggest 1-day price change since December 2001.
Rocky Mountain oil and gas producers completed their ‘Washington Call-Up’ annual visit to Washington generally satisfied that meetings with members of the 110th Congress and their staffs went well, officials of the Independent Petroleum Association of Mountain States said.
Chemical plant owners will be required to assess risk levels at their installations and submit a security vulnerability assessment and site security plan if the facility is high-risk under new regulations imposed by the US Department of Homeland Security on Apr. 3.