After three days of deliberations, the Pennsylvania House of Representatives passed an impact fee on oil and gas drilling in the Marcellus Shale by a 107-76 vote.
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Senate Proposes Its Version of NAT GAS Act
A U.S. Senate version of the House proposal for creating more use of natural gas in transportation was unveiled on Tuesday as an alternative means of expanding tax credits for gas infrastructure and vehicles, according to a trio of senators sponsoring the New Alternative Transportation to Give Americans Solutions Act of 2011 (NAT GAS Act).
Pennsylvania Governor Planning Impact Fee
Pennsylvania Gov. Tom Corbett said he would introduce an impact fee for Marcellus Shale producers this month.
West Virginia Senator: Marcellus Legislation Unlikely in 2011
The West Virginia Legislature is unlikely to draft legislation on Marcellus Shale regulatory reform before the end of the year, according to a state senator with a key role in the process.
Threesome Planning to Pursue 4,200 Wells in Central Wyoming
In an updated version of a project that first surfaced three years ago, three major producers in Wyoming are planning to file with the federal Bureau of Land Management (BLM) plans to drill up to 4,200 natural gas wells over 265,000 acres in the state.
Russian Elected to Lead Gas Exporting Cartel
The 11 member countries of what has come to be known as a natural gas version of the Organization of Petroleum Exporting Countries (OPEC) appear to be better organized as evidenced by last Wednesday’s election of Russia’s Leonid Bokhanovsky as the Gas Exporting Countries Forum’s (GECF) first secretary general.
Gas Exporting Cartel Elects Russian to Lead
The 11 member countries of what has come to be known as a natural gas version of the Organization of Petroleum Exporting Countries (OPEC) appear to be better organized as evidenced by the Wednesday election of Russia’s Leonid Bokhanovsky as the Gas Exporting Countries Forum’s (GECF) first secretary general.
Future of Futures Speculation Bill Speculative
With Senate action on its Stop Excessive Speculation bill (S3268) apparently stalled, attention this week turns to a House version of legislation to extend the Commodity Futures Trading Commission’s (CFTC) role in monitoring futures markets, which may make it to the floor before the Congress leaves for its August recess. After two days of rhetoric, the Senate Friday failed to muster the votes necessary to close debate.
Future of Futures Speculation Bill Speculative
With Senate action on its Stop Excessive Speculation bill (S3268) apparently stalled, attention this week turns to a House version of legislation to extend the Commodity Futures Trading Commission’s (CFTC) role in monitoring futures markets, which may make it to the House floor before the Congress leaves for its August recess. After two days of rhetoric, the Senate Friday failed to muster the votes necessary to close debate.
REX, TransColorado Facilities Ready to Enter Service
The gas industry’s own version of Manifest Destiny continued to unfold Tuesday as the companies behind two Rockies-related pipeline projects sought permission from FERC to place facilities into service.