The backer of a bid to hike the severance tax levied on natural gas producers operating in Arkansas last week submitted 69,717 signatures to a petition to get the initiative placed on the November ballot. Former gas utility executive Sheffield Nelson needed to gather 62,507 signatures. The signatures gathered have not yet been reviewed and could be challenged. Nelson wants to hike the severance tax to 7% from the current range of 1.25-5%. His opponents include energy industry members as well as the Arkansas Chamber of Commerce and anti-tax hike group Arkansas for Jobs and Affordable Energy. Nelson, a Republican who was a chairman of Arkla Inc. and a two-time gubernatorial candidate, is the leader of the Committee for a Fair Severance Tax (see Shale Daily, June 29).
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Arkansas Tax Hike Backer Appeals to SEC
The backer of an initiative to raise the severance tax Arkansas charges natural gas producers has appealed to the U.S. Securities and Exchange Commission (SEC) to scrutinize two energy producers for their indirect funding of anti-tax hike groups and what those groups are telling voters.
Arkansas Tax Hike Backer Appeals to SEC
The backer of an initiative to raise the severance tax Arkansas charges natural gas producers has appealed to the U.S. Securities and Exchange Commission (SEC) to scrutinize two energy producers for their indirect funding of anti-tax hike groups and what those groups are telling voters.
Oregon LNG Developer Eyes Generation Plants
With a growing generation portfolio elsewhere in North America, Canada-based Fort Chicago, the backer of one of two remaining proposed liquefied natural gas (LNG) projects in Oregon, is also looking longer term to develop gas-fired generation plants around the Pacific Northwest. The effort will go forward whether or not its Jordan Cove LNG project at Coos Bay, OR, ever gets built.
Oregon LNG Developer Eyes Gas-Fired Power Plants
With a growing generation portfolio elsewhere in North America, Canada-based Fort Chicago, the backer of one of two remaining proposed liquefied natural gas (LNG) projects in Oregon, is also looking longer term to develop gas-fired generation plants around the Pacific Northwest. The effort will go forward whether or not its Jordan Cove LNG project at Coos Bay, OR, ever gets built.
Nova Scotia, Texas LNG Terminal Projects Stymied
Plans for the MapleLNG liquefied natural gas (LNG) terminal, which was to be built east of Halifax, NS (see NGI, March 5, 2007), have been scrapped, the project’s backer said. And a Texas LNG terminal project backed by the same parent of MapleLNG appears to be dead in the water, too.
Oregon Backers: West LNG A Sure Thing, Power Prices Up
The backer of a liquefied natural gas (LNG) receiving terminal on Oregon’s Columbia River said it will cost $4/MMBtu to land LNG on the West Coast. The gas supply will be more than welcomed by the market, according to speakers at a recent industry conference.
Project Backers: West Coast LNG A Sure Thing
The backer of a liquefied natural gas (LNG) receiving terminal on Oregon’s Columbia River said it will cost $4/MMBtu to land LNG on the West Coast. The gas supply will be more than welcomed by the market, according to speakers at an industry conference.
Weaver’s Cove Pledges to Pull Latest Nail From Its Coffin
Gordon Shearer, CEO of Weaver’s Cove Energy LLC, the backer of a long-suffering proposal for a liquefied natural gas (LNG) receipt terminal in Fall River, MA, got more bad news last Wednesday in a letter from the U.S. Coast Guard. The project’s demise could be at hand, but a spokesman says an appeal is as well.
Coast Guard Rejection Could End Weaver’s Cove LNG Project
Gordon Shearer, CEO of Weaver’s Cove Energy LLC, the backer of a long-suffering proposal for a liquefied natural gas (LNG) receipt terminal in Fall River, MA, got more bad news Wednesday in a letter from the U.S. Coast Guard. The project’s demise could be at hand, but a project spokesman says an appeal is as well.
