Years after Harlem gas explosion, New York sets stricter rules on plastic pipes
Four years after a gas explosion in New York City claimed eight lives, and in light of more recent qualifications exam cheating, New York state regulators set stricter requirements for inspections of plastic gas pipeline installations. Inspectors who have approved visually unacceptable plastic pipeline fusions will be disqualified from inspecting any more fusions until they are fully retrained and requalified, the New York State Public Service Commission announced May 17.
Oil, gas groups ask Commerce Department to clarify exemptions for steel tariffs
The oil and gas industry told the Trump administration to clarify and improve the process for getting exemptions to planned tariffs on imported steel, multiple industry groups said in May 18 comments to the U.S. Department of Commerce. The industry groups — including the American Petroleum Institute, the American Gas Association, Association of Oil Pipe Lines, Interstate Natural Gas Association of America and Independent Petroleum Association of America — laid out a number of requests for the Department of Commerce to change the exemption process when the agency finalizes the proposed tariffs.
Shorter LNG contracts could boost US derivatives trading, regulator says
A shift in the global LNG market toward shorter and smaller contracts could help foster a U.S. market for derivatives tied to the burgeoning commodity, a federal trading regulator said. Unlike oil, global gas trade has mostly consisted of long-term contracts that allow pricey export ventures to receive financing. But as new projects pump additional supply into the market and shipping capacity grows, buyers are opting for shorter-term contracts and even spot trades, the Commodity Futures Trading Commission said in a May 16 report.
Atlanta Gas Light gets approval for $82M in customer benefits due to tax reform
Atlanta Gas Light Co. received approval from the Georgia Public Service Commission for a stipulation that allows for $82 million in customer benefits as a result of the federal tax reform law. The amount includes $16 million in rate credits that would be returned to the Southern Co. utility's customers starting July, according to a May 15 news release.
Pa. regulators adjust rates due to tax reform impacts
The Pennsylvania Public Utility Commission on May 17 issued an order for electric, natural gas and water utilities to pass along to customers more than $320 million in benefits through temporary rates as a result of the federal tax overhaul.