Today’s Top Story:
At a House subcommittee hearing held on Thursday, both Republicans and Democrats voiced their concerns about the Obama administration’s new regulations for fracking on public lands. Democrats argue that the rules are much weaker than what states already have in place, while Republicans allege that the government is underestimating the cost of implementing the rules. (Associated Press)
Lawmakers look to clean up state’s oil regulator
California’s agency overseeing the oil industry has fallen into chaos as state lawmakers and agency officials scramble to straighten it out after several regulatory missteps that allowed drilling in protected aquifers came to light.
Richmond: Activists seek reform of Proposition 13 for ‘fair’ taxes
San Jose Mercury News
Activists gathered outside the Chevron refinery Thursday in a call for the oil giant to pay more taxes, part of a statewide effort to reform Proposition 13.
(Opinion) Richmond councilman: residents should demand clean air
San Francisco Chronicle
As host to one of the biggest petroleum refineries in California, Richmond needs its residents to remain vigilant.
Lawmakers Unhappy With New Fracking Rules
Republican and Democratic lawmakers in the House have found something in common: Many have issues with the Obama administration’s new regulations requiring companies that drill for oil and natural gas to disclose chemicals used in hydraulic fracturing.
Recent Trends In U.S. Land Drilling Market: Re-fracking, Growing Well Inventory, Lower Rig Count
The tight oil boom in the United States has been largely responsible for the present turmoil in the global oil markets.
Wyoming sues to stop federal fracking rule
Wyoming’s attorney general is going to court to challenge the federal Interior Department’s right to regulate hydraulic fracturing for oil and natural gas.