Proposal

FERC on Monday approved a proposal by Cheniere Energy units Sabine Pass Liquefaction LLC and Sabine Pass LNG LP to site, construct and operate facilities to liquefy domestic natural gas for export to markets worldwide. It is the Commission’s first authorization of a project that would export liquefied natural gas (LNG) from production resources within the United States.

Ohio Gov. John Kasich will reportedly unveil a proposal this week to restructure state taxes on oil and gas drilling and pass the savings along to Ohioans in the form of a personal income tax cut, but conventional oil drilling and small producers of natural gas would not be affected.

Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling and pass the savings along to Ohioans in the form of a personal income tax cut, but conventional oil drilling and small producers of natural gas would not be affected.

Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling — including implementing new taxes on hydraulic fracturing (fracking) and natural gas liquids (NGLs) — then pass the savings along to Ohioans in the form of a personal income tax cut.

President Obama promoted his business tax reform proposal and once again detailed the place of natural gas in his “all-out, all-of-the-above” energy strategy during a speech at the University of Miami on Thursday.

President Obama promoted his business tax reform proposal and once again detailed the place of natural gas in his “all-out, all-of-the-above” energy strategy during a speech at the University of Miami on Thursday.

As predicted, the Colorado Senate Local Government Committee Thursday voted 4-1 to reject a proposal to prevent local governments from regulating oil/gas drilling activity in their jurisdictions.

FERC Thursday opened for public comment a proposal on how to improve coordination between the natural gas and electricity industries to avoid a repeat of the severe gas service outage that curtailed service to thousands of customers in the Southwest last winter.

Dominion Resources Inc. said last week interest is growing in the company’s proposal to turn the Cove Point liquefied natural gas (LNG) import terminal in Lusby, MD, into an export terminal (see NGI, Oct. 17, 2011).