Facing multi-billion-dollar budget shortfalls, the California legislature has warmed up an old proposal to levy a severance tax on oil and gas production to fund the state’s struggling higher education system. The measure, Assembly Bill 656 (AB 656), was voted out of the lower house Revenue and Taxation Committee Monday with a “pass as amended” recommendation, sending the proposal to the Appropriations Committee.
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California Budget Deficit May Stall Clean Fuel Plans
With California facing a $42 billion budget deficit, the state’s year-old law (AB 118) to boost alternative fuel vehicles may be stalled.
January 26, 2009
California Budget Deficit May Stall Clean Fuel Plans
With California facing a $42 billion budget deficit, the state’s year-old law (AB 118) to boost alternative fuel vehicles may be stalled.
January 23, 2009
OCS Drilling Review to be One of First Tasks of Obama E&E Team
One of the first tasks facing President-elect Barack Obama’s energy and environmental team, which he unveiled Monday in Chicago, will be to review the issue of whether to reinstate the moratorium on oil and natural gas development in the Outer Continental Shelf (OCS), Obama said.
December 16, 2008
Constellation Faces Wave of Buyout Lawsuits
Constellation Energy Group is facing a wave of lawsuits from shareholders who are seeking to block the company’s $4.7 billion buyout by Berkshire Hathaway’s MidAmerican Energy Holdings Co. and who claim that Constellation Energy inflated its financial results and intentionally mislead investors.
September 24, 2008
Supplier, End-User Disconnect Centers on Price, GasMart Panel Says
It’s the price, stupid! At least that seemed to be the underlying theme and tension for a supplier/marketer/end-users discussion of demand-side issues facing gas purchasers at GasMart 2008 in Chicago last Wednesday.
May 26, 2008
Disconnect Between Suppliers, End-Users Centers on Price, GasMart Panel Says
It’s the price, stupid! At least that seemed to be the underlying theme and tension for a supplier/marketer/end-users discussion of demand-side issues facing gas purchasers at GasMart 2008 in Chicago Wednesday.
May 22, 2008
OR LNG Backers Fight Referendum, Get Big Local OK
Facing a ballot measure by its opponents that it alleges is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI last Wednesday.
April 21, 2008
Oregon LNG Developer Fights Referendum, Gets Last Big Local OK
Facing a ballot measure by its opponents that it’s alleging is illegal, NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon received county approval Monday for upgrading its three-mile-long access road to the site as a last major local permitting milestone, the company announced. Bradwood Landing now looks to the final FERC environmental impact report (EIR) expected around late June as its next major milestone, a Portland, OR-based spokesperson told NGI Wednesday.
April 17, 2008
Idaho PUC Likes Avista Plan to Decrease Coal, Boost Gas
As another sign of the growing carbon-constrained times facing energy providers, the Idaho Public Utilities Commission (PUC) Tuesday approved the latest version of Avista Utilities’ long-range integrated resource plan (IRP) that calls for deemphasizing coal-fired generation in favor of more natural gas and renewable-powered generation. Avista’s IRP serves as its road map for how it will meet customer growth in the next 10 years.
March 27, 2008
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