Daily GPI / NGI All News Access

Industry Brief

Ohio could join the ranks of cash-strapped states that have turned to oil and natural gas drilling on state lands as a means to replenish recession-wracked coffers. Ohio House Speaker Armond Budish, a Democrat, said recently that lawmakers may consider allowing drilling in state parks as long as it does not harm the environment, the Associated Press reported. A study committee recently estimated drilling on state lands could generate $3 million or more in revenue for the state. Earlier this week Republican members of the Pennsylvania House of Representatives unveiled a plan to further tap into prolific Marcellus Shale deposits by expanding natural gas drilling to 390,000 acres of state forest land over the next three years -- a proposal one conservation group quickly labeled "irresponsible" (see Daily GPI, March 25).

©Copyright 2009 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.

ISSN © 2577-9877 | ISSN © 1532-1231
Comments powered by Disqus