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Court rules against Pa. drillers in royalty dispute

Attorney General Josh Shapiro announced Dec. 20 a significant step towards economic justice for Pennsylvania landowners in his lawsuit against Chesapeake Energy Inc. and Anadarko Petroleum Co.Bradford County Common Pleas Court issued an opinion and order denying preliminary objections raised by the defendant companies.The Office of Attorney General’s lawsuit seeks to recover for thousands of Pennsylvania landowners the money wrongfully deducted from fracking royalty checks by Chesapeake Energy and Anadarko Petroleum — in violation of 

Trump administration rescinding fracking rules on government land

President Donald Trump's administration is rescinding proposed rules for hydraulic fracturing and other oil- and gas-drilling practices on government lands. The rules developed under President Barack Obama would have applied mainly in the West, where most federal lands are located. Companies would have had to disclose the chemicals used in fracking, which pumps pressurized water underground to break open hydrocarbon deposits.

Ethanol-State Senators Wait for Proposal from Cruz, Who Maintains Hold on USDA Nominee

 Sen. Ted Cruz has now gotten multiple meetings at the White House over the Renewable Fuels Standard but the Texas Republican still maintains his hold on Iowa Agriculture Secretary Bill Northey's undersecretary nomination at USDA. And, following a meeting Wednesday with staff from several senators at the White House's Eisenhower Executive Office Building, it seems Cruz doesn't know what exactly he wants changed with the Renewable Fuel Standard."He just keeps moving the goalpost and moving the goalpost," said a frustrated Sen. Joni Ernst, R-Iowa, on Thursday.Staff from the offices of Sens.

Texas Senator Seeks RIN Cap

 Leaders in the biofuels industry wrote President Donald Trump on Friday after learning Sen. Ted Cruz, R-Texas, had floated a proposal to the White House that would essentially cap prices for renewable identification number (RIN) credits at 10 cents apiece.

Tallying Economic Effects of the RFS Decade

Look no further than how falling commodity prices have affected rural America in recent years, and you'll get a feel for what the Renewable Fuel Standard has meant to the countryside. Back in 2005 when the first RFS was signed into law, it was challenging just to keep up on the seemingly endless number of announced plans to build corn ethanol plants.

BP Plunges Back Into Solar Energy

In an attempt to stay relevant in the low carbon economy of the future, some leading oil and gas stakeholders have been ramping up their investments in renewable energy. BP is among that group, and the company just sank $200 million into a major solar energy deal with the company Lightsource. The new investment is especially noteworthy for the sharp contrast it makes with BP’s previous attempts to move “beyond petroleum.”

Illinois Praised as Property Tax Model for Wind Farms

Illinois' taxing model for wind energy companies is touted as one of the best in the country, bringing in $30.4 million in property taxes in 2016, according to economic experts. Barton DeLacy, a tax expert from Chicago, said that the Illinois system is a good model that is very close to the value he gives to wind farms and is much more consistent than in other states.

U.S. renewable energy industry relieved as Republicans keep tax credits

The U.S. renewable energy industry expressed relief after a compromise Republican tax bill preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.The final tax bill retains the production and investment tax credits for wind and solar energy that have spurred investment in the fast-growth industries. It also eliminates the alternative minimum tax, which would have reduced the value of those credits.


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