Archive for August 16th, 2011

NY Comptroller DiNapoli Editorial Defends Drilling Tax

Last week, New York State Comptroller Thomas P. DiNapoli made a pitch for taxing the gas drilling industry in New York to create a pool of money that can be used to clean up accidents that may occur. As MDN pointed out (see MDN story here), any pool of money that sits in Albany doesn’t […]

Ultra Petroleum Marcellus Production in PA Jumps 321%

Ultra Petroleum, an independent energy company headquartered in Houston, TX, reports a major ramp-up in Marcellus Shale gas drilling and production for the second quarter of 2011. Ultra says their Marcellus net production increased 321 percent over the second quarter of 2010. Since Ultra started drilling in the Marcellus Shale in 2009, they have drilled […]

Ohio County Receives $8M (So Far) from Marcellus Gas Leases

Ohio County, WV is reaping the rewards of leasing county-owned land for Marcellus gas drilling. The county’s land leases with Chesapeake Energy have already resulted in nearly $8 million in one-time lease payments for the county coffers, and soon will mean royalty payments too. Chesapeake has already completed a well on private land adjacent to […]

Common Cause/NY Says Delay Gas Drilling Another 6 Months

Common Cause/NY, a far-left organization, is the latest anti-drilling group desperately seeking a way to stop Marcellus and Utica drilling in New York State. Their tactic? Turn the already-generous 60-day public comment period (that hasn’t even started yet!) on proposed new drilling rules into 180 days—that is, let’s stretch out the comment period from two […]

Morgantown Official Backpedals After Drilling Ban Overturned

It’s always interesting to watch politicians operate after a humiliating defeat. Politicians’ DNA does not allow them to simply look inward and recognize their own errors. They always look outward and blame others, or in some cases, declare the defeat was a good thing and accomplished just what they wanted all along! I refer to […]

 

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