Two bills that were a high priority for Ohio’s oil and gas industry have passed the legislature and are headed to Gov. John Kasich for his signature.
Articles from Kasich
Ohio Gov. John Kasich on Mondayrecycled a failed budget proposal to increase the state’s severance tax on unconventional oil and natural gas production to 6.5%.
Ohio Gov. John Kasich on Tuesday vetoed legislation that would have expanded a sales tax exemption for oil and natural gas producers, saying it would have cost the state too much and unfairly favored the industry.
With no clear compromise in sight ahead of a full vote that’s expected next week in the Ohio Senate, time is running out to include Gov. John Kasich’s proposed 6.5% severance tax on unconventional oil and gas production in the state budget.
As part of an effort to considerably slash the state’s personal income tax rate, Ohio’s Republican Gov. John Kasich on Monday unveiled a two-year budget proposal that calls for a 6.5% severance tax on oil and gas produced by the state’s unconventional operators.
Ohio’s Republican Gov. John Kasich told business officials during a year-end luncheon on Thursday that he plans to push hard in his second term to reduce the state’s income tax, an effort that could rely in part on increasing fees for the oil and gas industry.
A controversy involving the Ohio Department of Natural Resources (ODNR) and Republican Gov. John Kasich’s administration that has been unfolding for much of the last month has shed new light on oil and gas development in the state and its role in the gubernatorial campaign.
Ohio Gov. John Kasich has signed an executive order prohibiting the state’s Department of Natural Resources “from issuing any permit, license or lease allowing for the withdrawal or production of oil and gas from or under the bed of Lake Erie.” Congress previously enacted legislation prohibiting the issuance of permits or leases for drilling under the Great Lakes, but it was important that Ohio issue its own prohibition on Lake Erie drilling in case the congressional ban should be lifted, according to the executive order.
The Ohio Environmental Protection Agency (OEPA) issued separate permits to Patriot Water Treatment LLC and the City of Warren on Monday, barring the latter from accepting pre-treated wastewater from oil and natural gas drilling starting April 1.
Chesapeake Energy Corp., through affiliates of Chesapeake Midstream Development LP (CMD), is partnering with M3 Midstream LLC (Momentum) and EV Energy Partners LP to develop what it claimed will be the largest integrated midstream service complex in eastern Ohio to serve Utica Shale production.