Sentences with phrase «state oil leases»

Just as every Alaska resident receives an equal dividend from revenue from state oil leases, so every American would get an equal dividend from carbon permit auctions.

The plan is modeled after the Alaska Permanent Fund, which pays equal dividends to Alaskan residents from the proceeds generated from state oil leases.

Not exact matches

With huge new amounts of lease condensate coming from America's condensate - rich tight oil fields — the ones tapped by hydraulic fracturing or fracking — the United States isn't producing quite as much actual crude oil as the raw numbers would lead us to believe.

Also at 10:30 a.m., the state Assembly will hold a public hearing to examine the impact of the proposed federal offshore natural gas and oil lease authorization on the state's environment, Legislative Auditorium, William H. Rogers Building, 725 Veterans Memorial Highway, Smithtown, Long Island.

Pennsylvania Governor Tom Wolf on Thursday signed an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests

He sponsored legislation to ensure that states and tribes have a say in changes to federal coal, oil and gas royalties or leasing policy.

The State Land Office offers tracts for oil and gas leasing the third Tuesday of every month.

Summerland Offshore Oil Field is a separate field in the Santa Barbara Channel about one and a half miles offshore, but within the 3 - mile limit inside of which oil leasing is subject to state rather than federal regulatiOil Field is a separate field in the Santa Barbara Channel about one and a half miles offshore, but within the 3 - mile limit inside of which oil leasing is subject to state rather than federal regulatioil leasing is subject to state rather than federal regulation.

[June 9, 2:28 a.m. Updated BP announced Tuesday night that it will create a wildlife fund with all of its net revenues from selling skimmed or salvaged oil from the gushing well (minus the royalty it pays the United States government and the portion of sales owed to others who own a portion of that lease).

Sen. Obama stated, «Over the next five years, we should also lease more of the National Petroleum Reserve in Alaska for oil and gas production.»

All existing Federal oil and gas leases within the expanded offshore State seaward boundaries shall continue unchanged by the provisions of this Act, except as otherwise provided herein.

Except as otherwise provided in this subsection, from and after enactment of the Deep Ocean Energy Resources Act of 2008, the Secretary shall not offer for leasing for oil and gas, or natural gas, any area within 50 miles of the coastline that was withdrawn from disposition by leasing in the Atlantic OCS Region or the Pacific OCS Region, or the Gulf of Mexico OCS Region Eastern Planning Area, as depicted on the maps referred to in this subparagraph, under the Memorandum on Withdrawal of Certain Areas of the United States Outer Continental Shelf from Leasing Disposition, 34 Weekly Comp.

25 percent shall be allocated to all coastal county - equivalent political subdivisions having a coastline point within 300 miles of the leased tract for which OCS Receipts are being shared based on the relative level of outer Continental Shelf oil and gas activities in a coastal political subdivision compared to the level of outer Continental Shelf activities in all coastal political subdivisions in the State.

Second, while the 2011 report focused exclusively on natural gas, recent developments in the United States highlight the role of shale formations and other tight plays as sources of crude oil, lease condensates, and a variety of liquids processed from wet natural gas.

(Sec. 383) Allows a lessee to withhold from payment any royalty due and owing to the United States under any leases under the Outer Continental Shelf Lands Act for offshore oil or gas production from a covered lease tract if, on or before the date that the payment is due and payable to the United States, the lessee makes a payment to the state of 44 cents for every $ 1 of royalty withheld.

Fuel Fix (9/12/12) reports: «Chesapeake Energy Corp. (CHK), facing claims by mineral rights holders in multiple states over canceled oil and gas lease offers, lost a bid to reverse a $ 19.7 million judgment to a Texas lease owner.»

The right energy policy path is for BOEM to produce a robust offshore leasing program that fits with the United States» rise to world leadership in oil and natural gas production.

And recent studies indicate that current leases to develop oil, gas, and coal would already lock the United States into exceeding internationally - agreed climate targets.

indicate that current leases to develop oil, gas, and coal would already lock the United States into exceeding internationally - agreed climate targets.

Today — due to the important, irreplaceable values of its Arctic waters for Indigenous, Alaska Native and local communities» subsistence and cultures, wildlife and wildlife habitat, and scientific research; the vulnerability of these ecosystems to an oil spill; and the unique logistical, operational, safety, and scientific challenges and risks of oil extraction and spill response in Arctic waters — the United States is designating the vast majority of U.S. waters in the Chukchi and Beaufort Seas as indefinitely off limits to offshore oil and gas leasing, and Canada will designate all Arctic Canadian waters as indefinitely off limits to future offshore Arctic oil and gas licensing, to be reviewed every five years through a climate and marine science - based life - cycle assessment.

Oil and gas leases can be much more complicated than other types of leases, and states may even have statutes which can void portions of a contract.

A man hired to negotiate oil and gas leases in northeastern Ohio for a petroleum company is contesting the company's position now that oil and gas professionals need a real estate broker's license to perform this type of work in the state.

Covers the historical basis of wealth related to minerals, types of ownership, types of conveyances and title transfers, curing land titles and the oil and gas lease, pooling, exploration and drilling, fracking, and the state and federal laws governing oil and gas ownership and development.