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Fossil Fuels

Fossil Fuels

NATURAL GAS BOOM

natural gas drillThe "State Revenues and the Natural Gas Boom: An Assessment of State Oil and Gas Production Taxes" report provides an overview of state taxes and fees on oil and gas production and their revenue allocation. Thirty-five states have enacted fees or taxes on oil and gas production; thirty-two states produce natural gas. States differ in how to impose taxes, generally taxing a fraction of the market value, the volume produced, or some combination of the two.

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NATURAL GAS DEVELOPMENT

pipeline controller"Natural Gas Development and Hydraulic Fracturing: A Policymaker's Guide" provides an introduction to the domestic natural gas picture, explores the motivation behind state legislative involvement in natural gas regulation and summarizes state legislation that is being developed to ensure safe, responsible development of this resource. Natural gas development currently is occurring in 32 states.

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U.S.-CANADA ENERGY POLICY

March 2014 State LegislaturesThis March State Legislatures article, “Partners in Power” explores the long standing energy relationship between the U.S. and Canada that makes up one of the largest integrated energy markets in the world, encompassing the production and distribution of resources and an interconnected electric grid.

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HYDRAULIC FRACTURING LEGISLATION

oil drilling"States Take the Lead on Regulating Hydraulic Fracturing: Overview of 2012 State Legislation" is a chart of state hydraulic fracturing legislation. Many legislatures are examining how to ensure safe extraction of natural gas while also taking advantage of its tremendous economic potential. More than 170 bills in 29 states were introduced last legislative session.

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OVERVIEW

Fossil fuels account for 85 percent of the nation’s energy supply. Recent technological advances have led to dramatic growth in unconventional oil and natural gas development, providing access to supplies once inaccessible and uneconomical to develop. State lawmakers are working to ensure that we can continue to develop clean, affordable energy from these traditional resources.

 

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