House Supports States Rights; National Ocean Policy Council Urges Fund Cutoff for White House Overreach; Commonwealth North Reviews Oil Tax Competitiveness
Globe & Mail Names Promising Energy Stocks
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Today, Senator Lesil McGuire (NGP Photo) discussed the Competitiveness Commonwealth North's (CWN) Aaron Weddle sent a notice stating that McGuire championed this piece of the bill. He said that during her presentation to a CWN committee today, she will describe the need for the board, what the board’s role and composition will be, and how similar boards have been effective in other governments. According to the CWN notice, the Competitiveness Review Board is designed to study and evaluate the state’s tax policy in the context of a global marketplace and make recommendations to the Legislature. McGuire's presentation is available here. -dh |
Review Board component of SB21,From the National Ocean Policy Council.
Over 70 commercial and recreational groups today submitted a letter to the 36 members of the Joint Conference Committee that were recently appointed by the U.S. House and U.S. Senate to reconcile differences between the two chambers’ versions of water resources infrastructure legislation. The letter supports maintaining language in the House bill that would prohibit any programs and actions authorized under the legislation from being used to further implementation of the Coastal and Marine Spatial Planning and Ecosystem-Based Management components of the National Ocean Policy Executive Order.
Comment: One of the Interstate Oil and Gas Compact 
Commission (IOGCC) positions over the years is to protect states' rights to regulate their own production activities. When it comes to the long and safely state regulated hydraulic fracturing technologies, the individual IOGCC members have assured the protection of the public interest. This week, we have from Chairman Doc Hastings' (NGP Photo) House Committee on Natural Resources this report: "On Wednesday, the House of Representatives approved H.R. 2728, the Protecting States' Rights to Promote American Energy Security Act. This bipartisan bill, sponsored by Rep. Bill Flores (R-TX) and Rep. Henry Cuellar (D-TX), would protect American jobs and American energy production by limiting the Obama Administration's ability to impose duplicative regulations on hydraulic fracturing on federal lands." We continue to support the IOGCC's longstanding defense of states' rights against the aggressive overreach of the federal bureaucracy; further, we comment IOGCC member agencies for effective regulation of energy production within their individual borders. -dh
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