Wednesday, February 23, 2011

Prospects For Passage Of Marcellus Legislation Becoming Uncertain

A subcommittee of the House Judiciary Committee voted earlier this week to delete statutory pooling from a natural gas regulatory reform bill. Following this, the subcommittee finalized the proposed bill and sent it on with a recommendation that the full committee approve the measure. The pooling provision was struck from the bill due to opposition by minerals owners and others. On the Senate side, the Senate Energy, Industry and Mining Committee has sent its DEP bill to a subcommittee.

However, with the 60-day session nearing its final two weeks, passage of any legislation related to natural gas regulatory changes may be problematic. Click to read article in today’s Charleston Daily Mail.