Daily News Energy Headlines from October 24, 2017

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PRODUCTION
Trump Administration to Lease 77 Million Acres in Gulf of Mexico - The Trump administration said Tuesday that it will sell leases for some 77 million acres in the Gulf of Mexico for oil and gas drilling, the largest sale of offshore leases in U.S. history. (Fuel Fix)

POWER
PJM Rejects Perry's Bid to Support Coal, Nuclear Plants - The biggest U.S. grid operator is asking regulators to reject Energy Secretary Rick Perry's plan to prop up ailing coal and nuclear plants. "I don't know how this proposal could be implemented without a detrimental impact on the market," Andrew Ott, who heads up PJM Interconnection LLC, told reporters by phone Monday. Perry's proposal is "discriminatory" and inconsistent with federal law, Ott said. (Bloomberg)

NATURAL GAS
Three to Things to Watch from U.S. Natural Gas Producers - This Bloomberg article discusses how things may be on an upward trajectory for natural gas drillers in the U.S., thanks to new pipelines and more moderated capital spending. (Bloomberg)

REGULATORY
FERC Chairman Seeks to Reduce Project Regulatory Lags - Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee is looking to improve review timelines for natural gas- and hydropower-related projects, he said in a recent speech. "One of the biggest complaints that I hear from stakeholders is that it takes too long to review applications for natural gas and hydropower projects," Chatterjee said on October 17 at the Energy Bar Association 2017 Mid-Year Energy Forum. (IIR)

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About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.