With the inauguration of Pennsylvania’s new Governor, Tom Wolf, news regarding the Marcellus shale natural gas industry seems to be in the headlines on an almost daily basis. Some of the more recent topics–
Governor Wolf announced a plan for new and stricter regulations on fracking and natural gas drilling affecting waste disposal, water pollution and protection, noise levels and effects on schools and playgrounds;
Governor Wolf announced his support for continuing the moratorium on fracking in the /Delaware River Basis. Advocates claim that fracking may negatively affect New York City’s drinking water;
The Governor’s newly proposed severance tax continues to draw scrutiny. Details are emerging on collection and distribution. Battle lines are drawn in Harrisburg. Recent polls suggest that a majority of Pennsylvanians support the Governor’s severance tax proposal;
North Carolina has become the 34th state to see fracking within its boundaries;
The DEP will appoint all new members to the Oil and Gas Technical Advisory Board which oversees much of the fracking industry and its processes;
Trout Unlimited has announced continuing efforts to closely watch fracking and the effects it may be having on trout steams and the surrounding environment;
Josh Fox who directed the anti-fracking movie Gasland was seen in Williamsport continuing to promote a ban on fracking in Pennsylvania and the use of alternative energy sources;
Attorney General Kathleen Kane reported that investigators are wrapping up their investigation into questionable royalty payment practices in the Marcellus Shale Regions of Pennsylvania. No word on whether charges of any type will be brought.
All in all the news in the Marcellus Shale industry continues to accrue at a fast pace.