IOGA, WV legislators say properly regulated resources could fuel economic boost

JIM WORKMAN / The State Journal While West Virginia is in a financial crisis with a big budget shortfall and looking to increase revenues wherever it can, the state sits on the potential and expected answer, Senate President Mitch Carmichael, R-Jackson, said. “We’re sitting on the Saudi Arabia of natural gas,” Carmichael said, referencing the [...]

By | February 11th, 2017|Industry News|0 Comments

Industry to push 2 natural gas access proposals during session

By MetroNews Staff in News | February 06, 2017 at 12:21PM CHARLESTON, W.Va. — Lobbyists for West Virginia’s gas industry will not be making another run at forced pooling or lease integration legislation during the upcoming legislative session, according to the executive director of the West Virginia Oil and Natural Gas Association. Instead, Anne Blankenship [...]

By | February 6th, 2017|Industry News|0 Comments

DEP announces new environmental advocate

By Brad McElhinny in | January 31, 2017 at 11:06AM CHARLESTON, W.Va. — Governor Jim Justice’s administration says its new environmental advocate will be Edward Maguire II, president and owner of The Highlands Group, Inc., a land broker and consulting company that specializes in the conservation of undeveloped properties in West Virginia. He begins work on Feb. 1. [...]

By | January 31st, 2017|Industry News|0 Comments

Hardy gives budget update as new state Revenue Secretary in Twitter video

By Carrie Hodousek in News | January 30, 2017 at 4:01PM CHARLESTON, W.Va. — New West Virginia Revenue Secretary Dave Hardy says it will take a team effort to fix the state’s budget problems. In a video, released Monday afternoon on the @WVGovernor Twitter handle, Hardy explained the state’s current financial crisis. Twitter State Revenue [...]

By | January 31st, 2017|Industry News|0 Comments

Justice: 2019 budget hole could be $700 million

By Andrea Lannom Register-Herald Reporter   With the state's budget deficit expected to reach more than $700 million in the 2019 fiscal year, Gov. Jim Justice said Wednesday he hopes to find a way to staunch the bleeding — but said it will take time. Justice spoke to lawmakers and business owners at the Beckley-Raleigh [...]

By | January 26th, 2017|Industry News|0 Comments

Natural Gas Production Expected To Grow

Casey Junkins Business/Energy Writer WHEELING — Federal officials believe natural gas prices will climb for the next two years, which alarms those concerned with how Marcellus and Utica shale drilling impacts the environment — especially if President Donald Trump scraps President Barack Obama’s planned 45 percent cut for methane emissions. According to U.S. Energy [...]

By | January 25th, 2017|Industry News|0 Comments