Post-Pandemic Demand, Pricing Point To Optimistic Natural Gas Outlook - Part 1
On May 30, 23 Senators signed a letter to the Attorney General, calling on the U.S. Department of Justice’s (DOJ) Antitrust Division to “use every tool” to investigate the oil industry for potential violations of the Sherman...more
On July 6, 2023, the German parliament adopted the “Competition Enforcement Act.” The new law still lacks final approval by the Bundesrat, which will not be granted before the end of September, but this is only a formality....more
On 26 April 2023, the Australian Federal Government published its proposed Mandatory Code of Conduct for the supply of wholesale gas in the East Coast Gas Market. The draft Code continues the existing $12/GJ price cap...more
Last September, in response to significant increases of the retail price of gasoline, California Governor Gavin Newsom called for a special legislative session to consider the imposition of a price cap or “price gouging...more
The current landscape of M&A and A&D dealmaking in the U.S. oil and gas industry looks a lot different than what it did in the 2015-2019 period. During the pandemic, commodity prices sank to historically low levels (WTI crude...more
There is no way to avoid it. It seems like everything costs more now than it did last week, last month and last year. Energy is one area with very sensitive prices. You have likely experienced the significant changes in...more
It’s commonly known most goods that Americans use in their lives are transported and delivered by truck. According to the U.S. Census Bureau’s latest Commodity Flow Survey, trucks transported 71.6% or $10.4 trillion of...more
Now less than one month before Election Day, the New York Governor's race is far closer than most had anticipated. Incumbent Democrat Kathy Hochul, who succeeded Andrew Cuomo following his resignation, is being pressed by...more
Die Höhe der Gasbeschaffungsumlage wurde am 15. August 2022 mit 2,419 Cent pro kWh festgelegt. Drohen Letztverbrauchern neben dem allgemeinen Preisanstieg und diesen Mehrkosten noch weitere Beeinträchtigungen?...more
Increasing prices are on the minds of many. Price spikes have increased spending on housing, food, clothing, and more. Fuel prices—and especially gasoline for cars—are at the core of many of these increases. A lot of factors,...more
Against the backdrop of drastically increased gas purchase prices and their impact on large German gas importers, and in anticipation of an even further escalation by Russia of the gas supply disruption linked to the war in...more
Summer driving season, and the consequential increased fuel demand, have officially begun. After more than two pandemic years and countless canceled vacations, people are anxious to reinstate their summer travel plans. The...more
The Environmental Protection Agency (“EPA”) has recently finalized volumes for compliance years 2020, 2021, and 2022 under the Clean Air Act (“CAA”)’s renewable fuel standard (“RFS”) program and took several other related...more
Nach der Novelle ist vor der Novelle. Erst im Januar 2021 wurde das deutsche Kartellrecht durch die 10. GWB-Novelle umfassend reformiert. Nun steht möglicherweise bereits die nächste Reform vor der Tür. Anlass sind die...more
Hedging remains a mainstay activity for many oil and gas producers to protect cash flows and manage operating budgets. However, these hedge programs and coverage levels were in place before price increases that occurred in...more
The Arkansas Oil Marketers Association (“AOMA”) in conjunction with the Arkansas Bureau of Standards (“BOS”), which is a component of the Arkansas Department of Agriculture, has issued a notice that retail motor fuel outlets...more
President Biden recently wrote a letter to FTC Chair Lina Khan urging the Commission to immediately investigate potential anticompetitive behavior in the oil and gas sector. The President noted that gas prices have been...more
Kwasi Kwarteng, UK Business and Energy Secretary is reported to have said on 20 September that “My task is to ensure that any energy supplier failures cause the least amount of disruption to consumers”....more
In a recent exchange of letters with the White House, the chair of the Federal Trade Commission (“FTC”) signaled her intent to ramp up antitrust enforcement in the oil and gas industry. The move comes as part of a broader...more
At the 2021 NAPE Summit, decision-makers, prospect generators, financiers, E&P operators, and service providers will finally return in person in Houston at the George R. Brown Center on August 18-20 (virtually from August...more
The Kansas Corporation Commission (“KCC”) allowed Kansas AG Derek Schmidt to intervene on behalf of Kansas consumers in KCC’s investigation of Black Hills Energy, Kansas Gas Service Company, and Atmos Energy Corporation over...more
Find out why an effective risk management strategy requires developing robust economic forecasting tools that simulate future cash flows. One such tool uses the “real-option” theory to model flexibility associated with energy...more
Find out what challenges the natural gas industry faces to construct new pipelines and how these challenges have impacted gas supplies, particularly in the Northeast....more
According to the U.S. Energy Information Administration (EIA), the United States (U.S.) regular gasoline retail price as of the Monday before Labor Day fell to $2.22 per gallon this year, the lowest level for this time of...more