The House on Friday passed the Senate-approved Inflation Reduction Act of 2022 (IRA) by a margin of 220-207, clearing the way for President Biden to sign the landmark climate and energy bill into law. The legislation includes investing an estimated $370 billion to decarbonize domestic energy and transport sectors, and it targets a roughly 40%…
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Why Is Inflation Reduction Act a Big Deal for Natural Gas, Oil Industries?
The U.S. Senate on Sunday passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years…

California Blueprint Looking to Forge ‘Oil-Free Future,’ Lead Nation in Climate Change Fight
California Gov. Gavin Newsom unveiled his proposed 2022-2023 budget proposal to continue confronting the state’s “greatest existential threats” – the pandemic and climate change – while bolstering economic growth. Specifically for energy, Newsom’s ambition under his California Blueprint is to create “an oil-free future” for California by reducing the state’s reliance on fossil fuels while…

House Democrats’ FRAC Act Taking Aim Once Again to Boost Unconventional Drilling Oversight
A group of House Democrats is making another attempt to increase oversight of the oil and gas industry with a package of legislation that was introduced Monday. The legislation, including House Resolution (HR) 4014, takes aim at among other things hydraulic fracturing (fracking), which is used in unconventional drilling to complete wells. The Fracturing Responsibility…

North Dakota Examining Potential for Bakken Natural Gas, Liquids Storage
North Dakota’s Industrial Commission (IC) has asked the state legislature to authorize pursuing options to add oil and natural gas storage for the Bakken Shale. The governor-led commission “pre-filed a bill for next year’s legislature to take on permitting of oil, gas and natural gas liquids storage,” said Department of Mineral Resources director Lynn Helms.…

SoCalGas Unleashes California-Produced RNG Fueling
Southern California Gas Co. (SoCalGas) said renewable natural gas (RNG) supply now is flowing at most of the natural gas vehicle fueling stations it operates. The Sempra Energy utility recently began purchasing RNG from multi-dairy connected Calgren Dairy Fuels in the state. Calgren produces RNG as part of a rapidly growing biomethane industry. Eventually, 18…

Colorado Governor’s Call for Energy Industry Collaboration Praised by PDC
Colorado’s natural gas and oil industry has faced pressure from all sides in recent years, reviled by landowners and litigated by environmental groups, but Gov. Jared Polis has shown he can compromise, PDC Energy Inc. executives said last week. CEO Bart Brookman discussed second quarter results in a wide ranging conference call that hit on…
Canada Energy Industry Slams new Regulatory Regime as ‘No More Pipelines Bill’
Raised regulatory hurdles and expanded roles for critics confront the Canadian fossil fuel industry under hotly contested legislation that the national Liberal government passed in the final hours of the 2019 session of Parliament.
Natural Gas, Nuclear Interests Again Clashing Over Pennsylvania Power Subsidies
The natural gas industry went before Pennsylvania lawmakers to again spar with representatives of the nuclear power sector, who pushed in recent testimony before the state Senate’s consumer protection committee for passage of a bill requiring electric distribution companies and suppliers to purchase credits from nuclear plants.
Proposed Colorado Ballot Measure Designed to Repeal Expected Oil, Gas Reform Bill
Officials in two of Colorado’s largest oil and natural gas producing counties are pushing a ballot measure that would repeal reform legislation on the fast track to the governor’s desk.