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The Federal Energy Regulatory Commission, which plays a vital role in making sure the national electrical grid is functional, is back in business.

The Senate approved two new nominees last week, giving the board three members.

Acting Chairwoman Cheryl LeFleur said the commission will work to address matters that have been idled.

Natural gas is now our main source of electricity, and thanks to the shale production revolution prices collapsed from $8.86 per MMBtu in 2008 to just $2.52 in 2016. Prompt month September prices are now below $2.80, a shoulder month and blue weather maps for the next two weeks mean a bearish market. So far this summer, although hotter on the low demand Western coast, we simply haven't had a prolonged heatwave to increase prices.

The Senate voted Thursday evening to confirm two of President Trump's nominees to the Federal Energy Regulatory Commission (FERC), paving the way for the commission to have its first quorum in six months.

Neil Chatterjee and Robert Powelson were confirmed by unanimous consent and are slated to join the five-member board, which has seen its action paused since February following a pair of retirements.

Charleston, WV – According to a Pricewaterhouse Coopers report released on Aug. 1, West Virginia’s natural gas and oil industry supported 70,900 jobs (direct and indirect) and added $8 billion to the state economy in 2015, the most recent year for which a consistent set of national and state-level data by industry are currently available.

Additionally, the report found that West Virginia ranks 8th nationally in terms of the number of workers supported by the industry as a percentage of all employment. 

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RT @AnteroResources: Don't forget – our 3rd annual oil and gas dodgeball tournament is on June 15! Proceeds benefit Patrons of the Parks an…

RT @energizeWV: “The Cheat River is a beautiful river and one that stood out to us as a place that we could make a positive impact," Rowlan…