Adopted

Chesapeake’s ‘Mounting Turmoil’ Cited in S&P Downgrade

Standard & Poor’s Ratings Services (S&P) on Tuesday downgraded the corporate credit rating of Chesapeake Energy Corp. to “BB-” from “BB” and said the outlook was “negative.” The ratings on related entities Chesapeake Midstream Partners LP and Chesapeake Oilfield Operating LLC also were cut because the units are so closely tied to the parent, S&P noted.

May 16, 2012

Maryland House Passes 7.5% Severance Tax on Natural Gas

The Maryland House of Delegates passed a 7.5% state severance tax on natural gas production on Monday, which if adopted would become the highest severance tax rate for natural gas in the Marcellus Shale.

March 28, 2012

Pennsylvania Landowners’ Group Blasts DRBC Over Delay

A coalition of landowners in Wayne County, PA says it has “run out of patience” with the Delaware River Basin Commission (DRBC), and is urging the organization to either enact natural gas regulations or step aside and let the states do so.

January 6, 2012

Texas Regulators Adopt Frack Fluid Disclosure Rule

The Railroad Commission of Texas (RRC) has adopted a rule for the disclosure of chemicals in hydraulic fracturing (fracking) fluids used to stimulate oil and gas wells in the state. Earlier this year state lawmakers passed legislation requiring such disclosure.

December 14, 2011

DRBC Postpones Water Withdrawal Requests in New York

The Delaware River Basin Commission (DRBC) agreed Thursday to a request by New York that any water withdrawal applications for natural gas development in the state be postponed until the Empire State completes its environmental review of hydraulic fracturing (fracking).

December 12, 2011

States Divided Over Controversial DRBC Plan; Vote Postponed Indefinitely

A proposal before the Delaware River Basin Commission (DRBC) to revise its water quality regulations and open the basin to Marcellus Shale natural gas drilling suffered a serious setback after Delaware Gov. Jack Markell said Thursday his state would vote against the plan.

November 21, 2011

Bipartisan House Panel Adopts Pipe Legislation 51-0

In an almost unprecedented show of bipartisanship in the currently divided Congress, the House Energy and Commerce Committee last Wednesday unanimously adopted pipeline safety reauthorization legislation.

September 26, 2011

In Rare Show of Bipartisanship, House Panel Adopts Pipe Safety 51-0

In an almost unprecedented show of bipartisanship in the currently divided Congress, the House Energy and Commerce Committee Wednesday unanimously adopted pipeline safety reauthorization legislation.

September 22, 2011

Industry Brief

As the Pacific Northwest’s dominant energy player, the federal Bonneville Power Administration (BPA) has adopted what it described as a landmark settlement on a residential exchange program that it hopes will end years of dispute over how BPA makes low-cost hydroelectric supplies available to small residential and farm customers of investor-owned utilities (IOU). Given the criticism of BPA for shunning natural gas and wind power generators in the face of abundant water supplies this spring and summer, the federal power behemoth is hoping it has a win-win, noting that the deal has the backing of six regional IOUs, three state regulatory commissions, and most public-sector utilities representing 88% of BPA’s customers and 93% of the power consumed in the region. Under the settlement, IOU customers are in line to get about $3.3 billion in payments during a 17-year period, beginning at $182.1 million in fiscal 2012 and increasing to $286.1 million by fiscal 2028.

July 28, 2011

Pennsylvania Township Adopts Zoning Ordinance

A township in western Pennsylvania adopted a conditional use ordinance on Wednesday, the latest development in a kerfuffle with its dominant driller, Range Resources Corp.

June 28, 2011