U.S. banks including Goldman Sachs Group Inc. should be banned from owning commodities businesses because they could threaten the institutions and global supply chains, Senators Sherrod Brown and Elizabeth Warren told the Federal Reserve.
Bloomberg BNA – Senate energy efficiency legislation likely to be reintroduced the week of Feb. 24 will include a measure that would block a requirement that federal buildings phase out fossil fuel use, among other Republican-backed amendments, according to industry groups and others monitoring the bill.
The American Gas Association, which represents 195 energy companies that serve 64 million customers, said today that speculation should be curbed in the markets for natural gas, crude oil and gasoline.
U.S. natural gas prices may stay in a range of about $4 to $6 per million British thermal units during the next decade even if exports of the heating and power plant fuel expand, the American Gas Association said.
InsideClimateNews.org -- Jerry Skinner stands in his garden, looking into the distance at the edge of a forested mountain. Amid the lush shades of green, a muddy brown strip of earth stands out. It's the telltale sign of a buried pipeline.
Ron Jibson, the incoming chairman of the American Gas Association and top executive of an energy company, said he expects the U.S. Energy Department to approve “closely controlled” exports of natural gas.