The Alaska Standard posted our FERC story yesterday. * Petroleum News Alaska’s Alan Baily reviews Southcentral gas shortage. * KTUU. "Enstar has contracted for all of our gas through 2010 and we don’t expect there will be a problem," Mark Slaughter said. "But we were very close last year with deliverability and unless things change, with more production, more development, more drilling going on, there may not be enough gas being produced on the cold days." And those cold days could be much colder if natural gas supplies dip lower. Chugach Electric Association sent out a press release Tuesday saying the Regulatory Commission of Alaska approved a gas supply contract between ConcoPhillips and Chugach Electric. * Reuters – The Canadian government needs to muster the political will to ensure the C$16.2 billion ($14.7 billion) Mackenzie Valley natural gas pipeline is built, the Northwest Territories energy minister said on Tuesday. ADN. Don’t look for BP to restart production from its troublesome Badami oil field anytime soon. BP told the state that it will submit an application to suspend operations and production at Badami for another year, until Aug. 31, 2010, according to Petroleum News. * The Alaska Dispatch reviews the oil and gas market. * The Philadelphia Inquirer (9/2) reports, “Gov. Rendell has, for the second time in a month, dropped one of his tax proposals aimed at helping to close the state’s multibillion-dollar budget deficit. Rendell said after meeting with industry officials that he would agree to delay his push to impose a tax on natural gas extracted from the Marcellus Shale. "It won’t be in the mix this year," he said, adding that he would likely revive the proposal next year. * AFP (9/2) reports, “British energy giant BP has made a "giant" oil discovery in the Gulf of Mexico after drilling one of the industry’s deepest-ever wells, it said Wednesday, in a further boost for crude supplies. "BP announced today a giant oil discovery at its Tiber Prospect (well) in the deepwater Gulf of Mexico, " the company said in a statement. "The Tiber well was drilled to a total depth of approximately 35,055 feet (10,685 metres) making it one of the deepest wells ever drilled by the oil and gas industry," it added.
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