Seventy to 80 percent of Pennsylvanians support a reasonable severance tax and that tax is necessary to ensure that all the state’s citizens benefit from the economic boost generated by production of Marcellus shale gas, John Hanger, secretary of the Pennsylvania Dept. of Environmental Protection (DEP), told a gathering of about 350 producers Tuesday.
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Pennsylvania Official Defends Tax, Urges Producer ‘Excellence’
Seventy to 80 percent of Pennsylvanians support a reasonable severance tax and that tax is necessary to ensure that all the state’s citizens benefit from the economic boost generated by production of Marcellus shale gas, John Hanger, secretary of the Pennsylvania Dept. of Environmental Protection (DEP), told a gathering of about 350 producers Tuesday.
Senators Push to Keep Virginia Lease Sale on Track
Virginia Sens. Jim Webb and Mark R. Warner Wednesday called on Interior Secretary Ken Salazar to ensure that Lease Sale 220 for oil and natural gas development off the Virginia coast remains on track for 2011.
Senators Push to Keep Virginia Lease Sale on Track
Virginia Sens. Jim Webb and Mark R. Warner Wednesday called on Interior Secretary Ken Salazar to ensure that Lease Sale 220 for oil and natural gas development off the Virginia coast remains on track for 2011.
CFTC Raises Capital Requirements for Brokers, Futures Merchants
The Commodity Futures Trading Commission (CFTC) on Thursday said it has adopted amendments to help ensure that market participants have adequate financial backing for the risks that are inherent in the market. The CFTC action comes as part of Washington’s multi-pronged overhaul of the financial regulatory system following the economic crisis of the last few years.
CFTC Raises Capital Requirements for Brokers, Futures Merchants
The Commodity Futures Trading Commission (CFTC) on Thursday said it has adopted amendments to help ensure that market participants have adequate financial backing for the risks that are inherent in the market. The CFTC action comes as part of Washington’s multi-pronged overhaul of the financial regulatory system following the economic crisis of the last few years.
Texas Pipe Group Promises ‘Prudent, Safe’ Barnett Operations
The 33-member Texas Pipeline Association (TPA) said Wednesday member companies with operations in the DISH, TX, area are taking action to ensure there are “prudent and safe operations in place to protect both the environment and citizens in the Barnett Shale.”
Texas Pipe Group Promises ‘Prudent, Safe’ Barnett Operations
The 33-member Texas Pipeline Association (TPA) said Wednesday member companies with operations in the DISH, TX, area are taking action to ensure there are “prudent and safe operations in place to protect both the environment and citizens in the Barnett Shale.”
New Oklahoma Laws Promote NatGas Vehicles
A trio of energy bills signed into law Monday by Oklahoma Gov. Brad Henry will help ensure that the state stays at the front of the nation’s alternative energy debate, according to Oklahoma House Speaker Chris Benge (R-Tulsa), who introduced the bills.
EOG Cuts Spending; Chevron Warns on Earnings
EOG Resources Inc.’s 2009 capital spending will be cut to “approximate its cash flow” to ensure that it ends the year at the same debt level as year-end 2008, the producer said in a regulatory filing.