Despite ongoing statewide efforts, city and county governments in Colorado and California are coming up with local solutions to safe and sane hydraulic fracturing (fracking). Two jurisdictions are lifting fracking moratoriums.
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Ohio Issues Second Unitization Order in the Utica Shale
The chief of the Ohio Department of Natural Resources’ (ODNR) Division of Oil and Gas Resources Management (DOGRM) has issued a unitization order for Chesapeake Energy Corp. in Carroll County, putting forced pooling into effect for a second time in the emerging Utica Shale.
Industry Briefs
The American Petroleum Institute (API) has launched a television and print ad campaign in Washington, DC, and in several states to drive home the importance of a favorable tax code in developing domestic domestic oil and natural gas and creating jobs. “Taxes on the industry are a key energy issue, and, as our Election Day polling showed, voters are skeptical about targeting the industry for higher taxes. To encourage members of Congress who are part of that conversation with voters, we’re launching new television and print advertising inside the [Washington, DC] beltway and in selected states,” said Khary Cauthen, API senior director of federal relations. Both the print and television ads will run for two weeks in the DC area, as well as New Mexico, North Carolina, Virginia, Arkansas, Alaska, Colorado and Louisiana. President Obama has proposed eliminating $4 billion annually in tax breaks for oil and gas producers. “Raising our taxes is not the answer. We already are taxed at a higher rate than [many] other industries,” an API spokesman said.
API Ad Campaign Opposes Higher Oil, Gas Taxes
The American Petroleum Institute (API) launched a television and print ad campaign on Wednesday in Washington, DC, and in several states to drive home the importance of a favorable tax code in developing domestic domestic oil and natural gas and creating jobs.
Pittsburgh City Councilman Introduces Drilling Proposals
A member of the Pittsburgh City Council has introduced four proposed amendments to the city’s zoning code that would allow 40-acre minimum “mineral extraction districts” for Marcellus Shale drilling.
Pennsylvania Legislators in Final Push For Cracker Tax Break Deal
Legislators in the Pennsylvania General Assembly are scrambling to put the finishing touches on a tax code bill that could potentially offer billions in a tax break to companies in exchange for investing billions in an ethane cracker and associated manufacturing facilities.
Pennsylvania Legislators Finishing ‘Unlimited’ Cracker Tax Break Deal
Legislators in the Pennsylvania General Assembly are scrambling to put the finishing touches on a tax code bill that could potentially offer billions in a tax break to companies in exchange for investing billions in an ethane cracker and associated manufacturing facilities.
Colorado City Calls ‘Time Out’ on Fracking
Commerce City, CO, has invoked a 30-day “time out” on hydraulic fracturing (fracking) to give city officials time to further discuss their concerns with the oil and gas industry. City officials took the action late Monday in lieu of a proposed six-month ban on fracking.
Congressmen: Leave Shale Regulation to States
The federal government should leave shale regulation to the states, but companies should be ready for changes to the tax code that will likely impact their industry, a bipartisan panel of lawmakers told a Philadelphia audience last Wednesday.
Obama Touches on Fracking Concerns at Virginia Town Hall Meeting
For the second time in a matter of weeks, President Obama Tuesday acknowledged that natural gas will play a critical role in the nation’s energy portfolio going forward.