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OIL AND GAS
Erase fracking regulations, industry tells Trump
by Daniel J. Graeber
Washington (UPI) Sep 26, 2017


With a court dismissing a challenge to federal rules on hydraulic fracturing, producers said it was time for President Trump to erase the law altogether.

"The industry recognizes that every energy-producing area has different geologic, topographic, and hydrologic conditions, which is why the states are far more efficient and effective at regulating hydraulic fracturing than the federal government," Barry Russell, the president and CEO of the Independent Petroleum Association of America, said in a statement.

The 10th U.S. Circuit Court of Appeals overturned a lower court's ruling on overreach challenges against the U.S. Bureau of Land Management, which wanted regulatory oversight from the states during President Barack Obama's tenure. While appeals were pending, however, U.S. President Donald Trump took office and began the process of rescinding the rules altogether, which in part led the circuit court to vacate the lower court's opinion.

Because of the changing circumstances, the appeals court said the matter was "prudentially unripe."

"The Obama-era rule is nothing more than duplicative federal overreach that would limit access to public lands and cost independent producers tens of thousands of dollars per well to implement without any measurable environmental or safety benefits," Russell added.

Last week, however, environmental groups said the circuit court's ruling meant regulations developed under Obama would now take effect. Protections outlined in the measure, said Michael Freeman, an attorney for Earthjustice, "are long-overdue."

Earthjustice represented the interests of six environmental groups in the case. The long list of petitioners in a case pitting federal authority over state law included shale-rich states like Colorado and North Dakota, Russell's group and the Western Energy Alliance.

OIL AND GAS
Shale-rich Oklahoma holds special session to address budget gap
Washington (UPI) Sep 25, 2017
Lawmakers in shale-rich Oklahoma meet Monday in a special session to help address budget strains that the governor said are critical. Gov. Mary Fallin said lawmakers are called on to find long-term solutions to budget woes. By her estimate, the state could face a $500 million shortfall next year because one-time funds were used to balance the books for the current fiscal year. Ok ... read more

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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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OIL AND GAS
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