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Enron style accounting and banking games
Columbus Underground Messageboard » General Columbus Discussion
Natural Gas Drilling / Fracking in Ohio
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Ohio's shale development is a 'game changer,' says American Petroleum Institute's Jack Gerard
Published: Saturday, May 12, 2012, 6:00 AM
By John Funk, The Plain Dealer
Ohio is poised for an energy boom -- if it adopts public policies to encourage development rather than over-regulate shale gas and oil drilling, the nation's top oil industry spokesman said Friday.
"Ohio has immense opportunities to create thousands of jobs thanks to the Utica and Marcellus shale," Jack Gerard, president and chief executive officer of the American Petroleum Institute, told an audience Friday at the City Club of Cleveland.
"Responsible energy production has already generated more than $22 billion for the Buckeye state. It is the industry's use of new technology like horizontal drilling and hydraulic fracturing that has given fresh life to energy development in Ohio."
READ MORE: http://www.cleveland.com/business/index.ssf/2012/05/ohios_shale_development_is_a_g.htmlPosted 1 year ago # -
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Get the Video Player Posted 1 year ago # -
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Gas-rich states lose fracking lottery
By Joan Gralla
May 14, 2012While Pennsylvania, northwestern Louisiana and gas-rich areas around the Gulf of Mexico are losing jobs and revenue as the fracking industry shrinks after a price collapse, oil-rich North Dakota and Texas are in the midst of a boom.
READ MORE: https://www.scientificamerican.com/article.cfm?id=gas-rich-states-lose-fracking-lotte
Posted 1 year ago # -
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Study: Ohio rates lag even with ‘fracking tax’
By Darrel Rowland
The Columbus Dispatch
Wednesday May 16, 2012 5:38 AMEven if Gov. John Kasich gets his “fracking tax,” Ohio would still have the lowest rates of any major shale state, a new analysis by the accounting firm Ernst & Young shows. Kasich wants to use some of the revenue from the rate increase to fund a state income-tax cut. But his fellow Republicans in the legislature are delaying consideration of the plan; many fear that the higher taxes would hurt oil and gas producers.
READ MORE: http://www.dispatch.com/content/stories/local/2012/05/16/study-ohio-rates-lag-even-with-fracking-tax.htmlPosted 1 year ago # -
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Drilling Rules Clear Senate, Still Criticized By Environmentalists
May 16, 2012
by Bill Cohen
Ohio Public Radio Statehouse Reporter
The Ohio Senate has passed a bill laying out new regulations for horizontal shale drilling that lawmakers say set up some of the nation’s toughest standards for public reporting and chemical disclosure. Republican state Sen. Bill Seitz cast his yes vote after reciting the lyrics of the 1960s sitcom “The Beverly Hillbillies,” saying shale gas drilling will turn poor Ohioans into “modern-day Jed Clampetts.”
READ MORE: http://beta.wosu.org/news/2012/05/16/drilling-rules-clear-senate-still-criticized-by-environmentalists/Posted 1 year ago # -
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A pause in Ohio's gas boom as Chesapeake Energy struggles
Published: Wednesday, May 16, 2012
By Robert L. Smith, The Plain Dealer
CARROLLTON, Ohio -- At the county courthouse on the village square in Carrollton, workers are accustomed to the visitors from out of town, the folks eager for a stake in a promising shale gas industry. For months, the people who equip drill sites, lease land and truck pipe and sand have besieged county offices with requests for records and guidance as they set up local operations.
READ MORE: http://www.cleveland.com/business/index.ssf/2012/05/a_pause_in_ohios_gas_boom_as_a.htmlPosted 1 year ago # -
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Fracking Operations Drawing Closer To Columbus
May 18, 2012
by Tom Borgerding
89.7 NPR News Managing Editor
Until recently, oil and gas hydraulic fracturing in Ohio shale deposits is taking place in the eastern part of the state. Now, a few oil and gas companies are moving their fracking operations west, closer to Columbus to look for potential riches. The latest well is being drilled in an area less than an hour from Columbus.
READ MORE: http://beta.wosu.org/news/2012/05/18/fracking-operations-drawing-closer-to-columbus/Posted 1 year ago # -
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'Fracking' oversight bill would drop public appeal process of permits
By Spencer Hunt
The Columbus Dispatch
Friday May 18, 2012 4:06 PMA bill that’s intended to strengthen Ohio’s oversight of “fracking” and the oil and gas industry also would remove the public’s ability to challenge state-issued drilling permits. Energy companies eager to tap oil and gas in Ohio’s Utica shale must obtain permits before they can start drilling. However, a provision in the bill, which the Ohio Senate passed this week, would eliminate the public’s ability to appeal those permits to a state panel.
READ MORE: http://www.dispatch.com/content/stories/local/2012/05/18/Fracking-oversight-bill-removes-public-appeal-process.htmlPosted 1 year ago # -
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Both Sides React To Ohio’s New Drilling Regulations
May 28, 2012
by Karen Kasler
Statehouse Bureau Chief, Ohio Public Radio and TelevisionThe legislature has passed a package that sets new regulations on oil and natural gas drillers who are rushing into Ohio to explore the state’s big Utica and Marcellus shale deposits.
The energy bill was approved in the Senate in mid-May and sent over to the House. On the last day of session before the Memorial Day break, the bill hit the floor. It took two hours for the House to vote on the bill after proposing a few changes. And the debate didn’t start out on a positive note….
READ MORE: http://beta.wosu.org/news/2012/05/28/both-sides-react-to-ohios-new-drilling-regulations/Posted 11 months ago # -
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Chesapeake to sell some of its Ohio leases
By Dan Gearino
The Columbus Dispatch
Tuesday June 5, 2012 10:39 AM
Chesapeake Energy is planning to sell portion of its Ohio leases in an attempt to reduce debt. The Oklahoma City-based company is selling leases on 337,481 acres in parts of 19 Ohio counties, including Licking and Fairfield counties in central Ohio.
READ MORE: http://www.dispatch.com/content/stories/business/2012/06/05/chesapeake-selling-leases-in-ohio.htmlPosted 11 months ago # -
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Ohio Finally Gets Much-Debated Rules On Fracking, Green Energy
June 12, 2012
by M.L. Schultze
Gov. John Kasich has signed a bill that includes new rules for oil and gas drilling, and what counts as “green energy.”
Much of the attention has been focused on the parts of the bill that include new regulations on the oil and gas industry and the process called fracking. But Gov. Kasich signed the bill at Echogen, a company that helps other companies take waste heat from industrial processes and reuse it.
READ MORE: http://beta.wosu.org/news/2012/06/12/ohio-finally-gets-much-debated-rules-on-fracking-green-energy/Posted 11 months ago # -
gramarye
In Exile
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Echogen is actually located a block or two from where I work, here in Akron. The article doesn't mention that Echogen is actually basically just a startup; they were only founded in 2007 (though I guess surviving five years might make them on the border of still being a startup at this point). I'm sure they appreciated the publicity, but they're not a giant in the Ohio (let alone national or global) energy industry just yet.
As for recycling waste heat being a "renewable" energy source ... well, that's an interesting categorization. "Renewable" has unfortunately become a politicized term and has therefore been twisted a good deal from its dictionary definition. Recycling waste energy cannot be renewable in the literal sense; that would be a perpetual motion machine. On the flip side, taking energy that would otherwise be wasted and putting it to productive use instead seems to square very well with the values of the clean energy movement--after all, it stands to reason that if recycled energy weren't used for a particular function, the odds are that that function would be performed by newly-generated, non-recycled energy. In this part of the country in particular, that overwhelmingly means coal power.
Posted 11 months ago # -
TomOver
lovecause.org
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Location: McPherson Commons (aka Arch Park) in Downtown Columbus
Thursday June 14th, beginning at 11 AM: Presentation on the overall state of fracking in Ohio. Strategy Sessions and campaign updates led by local organizers from across Ohio. Trainings on campaign strategy and tactics. Art Build: big props for the action on Sunday. Movie or Speakers, TBA.
Friday, June 15th, beginning at 9 AM: SB 315 and the politics of fracking. Trainings on identifying allies in the fight against fracking. Workshops on: How to birddog your representative, Farmers and fracking, Local control, Faith Communities coming together to take action, The impact of fracking on health care, Student organizing, De-escalation and march marshal trainings, Art build: signs and banners, Local bands and dance party!
Saturday, June 16th, beginning at 9 AM: Non-violent direct action training, March in Pride Parade, Continue workshops from Friday, Intensive trainings on direct action and strategy. Panel with Bill McKibben, Josh Fox and others TBA.
Sunday, June 17th – Action!
More information and sign up at Don't Frack Ohio!Posted 11 months ago # -
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Shale jobs to multiply for years, study says
Published: Wed, June 13, 2012 @ 12:10 a.m.
By Burton SpeakmanOhio and Pennsylvania already rank in the top 10 nationally in terms of jobs created by shale-gas production. In the next 25 years, each state will experience significant growth in terms of shale jobs, said John Larson, primary author of a report for IHS, a company that compiles such information. In 2010, Ohio had 31,462 jobs attributable to shale-gas production. According to the study, that number is expected to increase to 41,366 by 2015 and 81,349 by 2035.
READ MORE: http://www.vindy.com/news/2012/jun/13/shale-jobs-to-multiply-for-years-study-s/Posted 11 months ago # -
TomOver
lovecause.org
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The Sunday events are at McPherson Commons (aka Arch Park) 218 West St. in the Arena district. The Thurs thru Sat events are at the OSU Urban Arts Space in downtown Columbus at 50 W. Town Street.
Author Bill Mckibben and Gasland directory Josh Fox are scheduled to be here Sunday.
Posted 11 months ago # -
groundrules
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Not that I've really been waiting for the republican party to hitch their wagon to the scientific community, but if Kasich doesn't like the answer you give him, you're out. This is the bus he was talking about, apparently.
Director of the Geological Survey squelched over his take on the gas situation:
Posted 11 months ago # -
rus
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groundrules said:
Not that I've really been waiting for the republican party to hitch their wagon to the scientific community, but if Kasich doesn't like the answer you give him, you're out. This is the bus he was talking about, apparently.Director of the Geological Survey squelched over his take on the gas situation:
Um. The article says:
Larry Wickstrom was removed from his leadership position on May 10 but remains at the Ohio Geological Survey, officials said yesterday. An employee review covering Nov. 21 through April 12 found that he repeatedly failed to notify his bosses “in matters that would set or significantly impact state policy.”The review faulted Wickstrom, a 29-year state employee, for presenting the map at a March 16 Ohio Oil and Gas Association meeting before he had showed it to officials at the Ohio Department of Natural Resources, which oversees the survey.
So, reads more like he was presenting data to industry before he showed it to ODNR.
Posted 11 months ago #
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