Pennsylvania Gov. Tom Corbett defended the decision to enact an impact fee, rather than a severance tax, on oil and gas drilling, and he said there was nothing new to report on a proposed ethane cracker in the western part of the state.
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Wyoming Counties Get Low Air Pollution Grades
Two Wyoming counties have been given failing and “D” grades for their air quality in the American Lung Association’s “State of the Air 2013” report. It said that while air quality overall my be improving nationwide, that is not the case in Wyoming.
McClendon Leases Office Space, Employs Chesapeake Execs
Chesapeake Energy Corp. founder Aubrey McClendon, who was forced to retire as CEO on April 1, has leased office space in Oklahoma City and lured two executives to what appears to be the start of at least one new company.
Florida Lawmakers Eye NatGas Transportation Tax
Companion bills in the Florida legislature would tax providers of natural gas as a transportation fuel, rather than taxing natural gas vehicle (NGV) operators as is currently done. The measures would enact a 4-cent tax/motor fuel gallon equivalent of natural gas.
New MLP: Many Pipes in Many Shales
CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.
PDC Energy Sells Assets to Focus on Utica, Wattenberg Plays
Denver-based PDC Energy Inc. has sold its Piceance and other mostly natural gas Colorado holdings to concentrate its drilling efforts in the Utica Shale in Ohio, along with Weld County’s Wattenberg field in Colorado.
IPAA: Any Climate Change Proposals Likely Regulatory
Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would be the best route for President Obama, who begaun his second term in office last week and indicated one focus would be on climate change.
IPAA: Obama’s Climate Change Drive Likely Through Regulators
Any action to restrict greenhouse gas (GHG) emissions will primarily come at the regulatory level rather than in Congress this year, said an official with the Independent Petroleum Association of America (IPAA). The would likely be the best route for President Obama, who started his second term Monday, to make effective climate changes.
Pennsylvania Supreme Court Hears Marcellus Property Rights Case
The Pennsylvania Supreme Court is hearing oral arguments this week in a controversial mineral rights case that could have enormous implications over ownership rights in the Marcellus Shale.
NPC: Don’t Pick Sides on Future Transportation Fuels
In a report issued Wednesday, the National Petroleum Council (NPC) did not pick any winners or losers for future alternative fuel vehicle technologies. Rather, it said there is a “great deal of uncertainty” as to which individual fuel-vehicle system would overcome technology hurdles to be economically and environmentally attractive by 2050.