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US oil and gas boom benefits consumers: ABQ Journal (GREAT ARTICLE SHARE W/ A FRIEND!)

Started this discussion. Last reply by Robert Goodfellow Nov 27, 2013. 5 Replies

By Kevin Robinson-Avila / Journal Staff Writer | Sun, Nov 17, 2013After years of steadily rising prices, “low-cost fuel” may seem like an oxymoron.But thanks to a steady surge in domestic oil and gas…Continue

Tags: News, Politics, Legislature, Energy, Fracking

Tom Corbett and Allyson Schwartz clash reveals governor's desperation as he attacks gas tax idea

Started this discussion. Last reply by Fang F Fang Sep 11, 2013. 17 Replies

Paul Carpenter3:14 p.m. EDT, September 7, 2013It became apparent this past week where Gov.…Continue

Tags: GOP, News, Politics, ShaleGas, Republican

People Push Lawmakers For Royalty Fix (WNEP-16 TV) Yaw refuses to comment on amending royalty law

Started this discussion. Last reply by Robert Goodfellow Aug 29, 2013. 1 Reply

We wanted to ask Yaw whether it would be acceptable to amend the law defining oil and gas royalties. But the senator, as he has in the past, refused to comment further.“You recorded it, right? I…Continue

Tags: Politics, Legislature, News, Energy, Fracking

The Daily Review: Bradford County commissioners criticize (PA) Senator. Yaw: Officials again call on Legislature to fix post-production costs

Started this discussion. Last reply by Robert Goodfellow Aug 28, 2013. 1 Reply

BY JAMES LOEWENSTEIN (Staff Writer) Published: August 23, 2013TOWANDA - At their meeting on Thursday, the three Bradford County commissioners said they stand by a resolution they passed in May, which…Continue

Tags: Politics, Legislature, News, Energy, Fracking

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US oil and gas boom benefits consumers: ABQ JOURNAL (GREAT ARTICLE! Share w/ a friend)

Posted on November 19, 2013 at 5:49pm 0 Comments

After years of steadily rising prices, “low-cost fuel” may seem like an oxymoron.

But thanks to a steady surge in domestic oil and gas production, energy experts say consumers could enjoy inexpensive gasoline and natural gas for years to come.…

Continue

Corbett Signs Controversial Bill Giving Drillers Power To Pool Leases

Posted on July 9, 2013 at 11:27pm 0 Comments

Governor Corbett signed a controversial bill into law today, giving drillers the power to combine or “pool” leases for horizontal oil and gas drilling.



The legislation was originally promoted as an effort to bring more transparency to the deductions companies take out of royalty payments. Complaints over those deductions lead to a recent Senate hearing on the issue.



An organization representing Pennsylvania’s mineral owners was angered over language added later on, which…

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Sen. Yaw (Chair Energy Comm. in PA ) to hold public hearing on post-production costs

Posted on June 20, 2013 at 10:59pm 0 Comments

This is from Sen. Yaw's recent e-newsletter.



"Post-Production Costs Cause Concern

Over the past several weeks, I have been contacted by a number of residents in my Senate District surrounding the confusion of the guaranteed 12.5% royalty in the Oil and Gas Lease Act.



While there is no quick legislative fix, I pledge to support a law which provides clarification to contracts and certainty which landowners seek…
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