The effort to put a natural gas severance tax hike before Arkansas voters has been suspended as backers came up short on the number of signatures necessary to put the issue on the November ballot (see Shale Daily, July 10; June 29). Tax hike proponent Sheffield Nelson told local news media he would make a final decision on whether to abandon the effort within a week. The campaign is short about 40,000 signatures after many were disqualifed. The campaign would need to make up the shortfall by Aug. 20 and deliver at least 62,507 valid signatures in total.
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Articles from Number
House GOP Panel Votes to Expand Offshore Leasing for 2012-15
Republicans on the House Natural Resources Committee Wednesday voted out expanded offshore leasing legislation, which nearly doubles the number of lease sales now proposed for the 2012-2017 period and opens up new areas — the Mid-Atlantic and Southern California — to exploration.
July 19, 2012
GOP Drilling Offer Includes Offshore Virginia, California
House Republicans are offering an alternative to the Obama administration’s plan for drilling in the Outer Continental Shelf (OCS), which would nearly double the number of lease sales now proposed over the 2012-2017 period and open up new areas — the Mid-Atlantic and Southern California — to exploration.
July 16, 2012
GOP Alternative Plan Calls for Leasing Offshore Virginia
House Republicans are offering an alternative to the Obama administration’s plan for drilling in the Outer Continental Shelf (OCS), which would nearly double the number of lease sales now proposed over the 2012-2017 period and open up new areas — the Mid-Atlantic and Southern California — to exploration.
July 12, 2012
Safety Is Leadership Issue, Says California PUC Panel
Safety starts at the top of any organization, and the proof of that can be found in the wake of a number of infrastructure failures in recent years, a panel of experts said at a conference Tuesday convened by the California Public Utilities Commission (CPUC) in San Francisco.
June 28, 2012
North Dakota Again Busts Output Records, Straining Infrastructure
North Dakota continued setting new oil and natural gas production records in April, but drilling equipment shortages grew, increasing the estimated number of idle wells by 76 in April.
June 21, 2012
IHS: Unconventional Natural Gas Creating Jobs Across Lower 48
Unconventional natural gas activity supported more than one million jobs in 2010, a number that is likely to grow to nearly 1.5 million by 2015. The industry is expected to generate significant job creation, economic growth and tax revenues nationwide — in producing and nonproducing states alike — according to a report from IHS Global Insight.
June 18, 2012
IHS Report: Shale Creating Jobs Across Lower 48
Unconventional natural gas activity supported more than one million jobs in 2010, a number that is likely to grow to nearly 1.5 million by 2015. The industry is expected to generate significant job creation, economic growth and tax revenues nationwide — in producing and non-producing states alike — according to a new report from IHS Global Insight.
June 14, 2012
California Senate Rejects Fracking Bill; Second Measure Alive
California lawmakers on Thursday rejected an industry-opposed bill (SB 1054) on hydraulic fracturing (fracking), but a second fracking measure (AB 591) is still alive.
June 4, 2012
New York Fund Urges Chesapeake Shake-Up Following Icahn Letter
Chesapeake Energy Corp.’s shareholders gave a modest thumb’s up Tuesday to the news that Carl Icahn is now the company’s third largest shareholder, and another large shareholder group urged a board shake-up to extract value.
May 30, 2012
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