Archive for May 5th, 2015

“Denton Fracking Bill” Headed to Gov. Abbott’s Desk in Texas

Texas Tribune: The so-called Denton fracking bill is headed to Gov. Greg Abbott's desk. The Senate on Monday approved House Bill 40, which would pre-empt local efforts to regulate a wide variety of oil and gas activities and has stirred concerns in some towns that have sought to blunt the effects of drilling close to homes, schools and businesses. The proposal already sailed through the House, and Monday's passage -- with no amendments tacked on -- means that it needs only Abbott's signature to become law....

Alberta’s Possible Pivot to the Left Alarms Canadian Oil Sector

Reuters: Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes, end support for key pipeline projects and seek a bigger cut of oil revenues. Polls suggest Tuesday's election is set to end the Conservative's 44-year reign in the province that boasts the world's third-largest proven oil reserves and now faces recession because of the slide in crude prices. Surveys have proven wrong in Canadian...