The Ohio Oil and Gas Association (OOGA) is urging U.S. Sen. Rob Portman (R-OH) to support the repeal of the Bureau of Land Management’s (BLM) rules governing flaring and venting of associated natural gas on public and tribal lands. OOGA said the rule would have a “disastrous impact” on local legacy producers that operate wells on or near public land in southeast Ohio. There are currently more than 2,000 wells in the state that could be targeted by the rule, which was approved during the Obama administration. Many of the wells are older and have low production, the trade group said. OOGA estimates that conventional producers could pay up to $50,000 per well to retrofit them with emissions control equipment as required. The final rule was to be implemented in stages, but the House voted for a resolution to repeal it in February. The Senate must take similar action and President Trump must approve it before the rule is repealed.
Repeal
Articles from Repeal
Repeal of BLM’s ‘Planning 2.0’ Elicits Praise From Industry Groups
Groups representing the oil and gas industry said they backed the vote by Congress to repeal a rule by the Interior Department’s Bureau of Land Management (BLM) that called for revisions to its resource management planning process.
Senate to Debate Repeal of Oil, Gas Tax Breaks
In a surprising move Monday, Senate Republicans called Democrats’ bluff, voting to proceed with debate on a Democratic bill to repeal billions of dollars of oil and natural gas tax breaks for the major producers.
Obama Says Vote On Terminating Oil, Gas Subsidies Is Weeks Away
Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.
Revoking Oil, Gas Subsidies Vote Just Weeks Away, Obama Says
Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama on Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.
Obama: Revoking Oil, Gas Subsidies Vote Only Weeks Away
Revisiting his initiative to repeal the $4 billion in subsidies that taxpayers provide the oil and gas industry each year, President Obama last Thursday reiterated part of his State of the Union address that there’s only one real path forward for America’s future: an “all of the above” approach that develops every source of energy available.
House GOP Slams Rule Restricting Bank Trading
House Republicans last Wednesday called for a delay in the implementation or total repeal of a proposed regulation that restricts trading by banks, known as the “Volcker Rule.”
House Republicans Slam Rule Restricting Trading by Banks
In one of the first hearings of the 2012 session, House Republicans Wednesday called for a delay in the implementation or total repeal of a proposed regulation restricting trading by banks, known as the “Volcker Rule.”
States Would Regain LNG Authority Under Senate Bill
Six Senate Democrats representing coastal states introduced legislation Tuesday to repeal the Energy Policy Act of 2005 (EPAct), which gave FERC the authority to determine the need for and location of liquefied natural gas (LNG) import terminals.
States Would Regain LNG Authority Under Senate Bill
Six Senate Democrats representing coastal states introduced legislation Tuesday to repeal the Energy Policy Act of 2005 (EPAct), which gave FERC the authority to determine the need for and location of liquefied natural gas (LNG) import terminals.
