State Revenue Consensus Conference Touches on Oil and Gas Prices

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By ERIN McDONOUGH, MOGA PRESIDENT & CEO

This week's annual state Consensus Revenue Estimating Conference outlined the projections that went into to laying out the budget numbers state legislators will work with moving forward.  While overall projections were cautiously optimistic, the message was to expect growth to be slow.

 

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MNRTF Fuels Traverse Area Projects

A pair of projects coordinated by the Grand Traverse Regional Land Conservancy will receive a substantial influx of funding next year thanks to the Michigan Natural Resources Trust Fund.

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Governor Applauds MNRTF Grants

The Michigan Natural Resources Trust Fund board recently reccomended more than $47.6 million in grants for public recreation -- funds provided by Michigan's oil and gas industry.

Michigan Gov. Rick Snyder issued a statement applauding the MNRTF board for its efforts.

 

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PSC Highlights Benefits of Michigan's Oil and Gas Industry

Public Sector Consultants has long been one of Lansing's most respected outlets for research and fact-driven information. In a recent article on its "Bright Ideas" website, PSC focuses on the very real benefits of Michigan's oil and gas industry.

 

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Economic Impacts of Oil and Gas: County By County

Michigan's oil and gas industry is an economic powerhouse. Need proof? Just check out the economic impact study here. And for a county-by-county breakdown, choose from one of the counties below to see how Michigan's oil and gas industry makes a difference across the state. 

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MOGA Helping Hunters

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Michigan’s oil and gas industry has provided tremendous benefit to the state.

From economic impact to jobs to energy, the benefits of a robust oil and gas industry are many. Well, add wildlife habitat to the list.

With Michigan’s annual firearms deer season on the horizon, many hunters will owe a debt of gratitude to Michigan’s oil and gas industry when they fill their tags on habitat created by oil and gas extraction.

 

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Report Clears Fracking and Debunks Activist Claims

There is no evidence that fracking contaminated groundwater in Pavillion, Wyo., according to a landmark report released by the Wyoming Department of Environmental Quality (WDEQ). From the DEQ fact sheet: “Evidence does not indicate that hydraulic fracturing fluids have risen to shallow depths utilized by water-supply wells. Also, based on an evaluation of hydraulic fracturing history, and methods used in the Pavillion Gas Field, it is unlikely that hydraulic fracturing has caused any impacts to the water-supply wells.” 

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EPA to collect information about oil and gas facilities through mandatory methane surveys

By Scott Bellinger
Managing Editor
Michigan Oil and Gas News

WASHINGTON — The U.S. Environmental Protection Agency (EPA) will require owner / operators of oil and gas facilities to complete and submit surveys requesting information about the facilities as part of an effort to develop standards for methane emissions for the oil and gas industry under the Clean Air Act (CAA).

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EPA Data: Methane Emissions Dropping Fast

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New data from the EPA shows that methane emissions large oil and gas facilities continue to drop -- and fast.

 

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Lucido Joins Bill on Suburban Drilling

Rep. Peter Lucido (R-Shelby Twp.) is poised to sign his name to a third bill this session on restricting oil drilling, particularly in suburban areas.

Upset about a 110-foot oil derrick that popped up in a residential area in his district two years ago, Lucido has been working with the Snyder administration on giving locals more control over oil drilling projects, particularly in high-density areas.

 

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