The Carbon Storage Newsletter provides information on recent activities and publications related to carbon storage. It covers domestic, international, public sector and private sector news in areas such as: DOE/NETL Highlights, announcements, project and business developments, legislation and policy, emissions trading, science and publications.
In the letter, Governor Gordon and his fellow Governors stress the negative economic effect of the ban on western states with large tracts of federal land. The Order has the effect of “chasing away capital investment for long-term economic growth and undermining public services, public conservation, public safety, public education, and more.”
Secretarial Order 3395 is causing delays in routine approvals for oil and gas companies holding valid drilling permits. Governor Gordon stated the order comes “with severe implications that devastate the State of Wyoming’s revenue in the near-term with the potential to spell a long-term blow for our State’s economic wellbeing.”
Barrasso said “As ranking member, my focus will be on promoting American energy security, economic strength, and environmental stewardship. America’s West is blessed with abundant natural resources that we’ve used to become an energy superpower.
The Senate Finance Committee has broad jurisdiction over U.S. tax policy, health and federal entitlement programs, and trade policy. The committee has oversight over all or part of seven Cabinet-level departments.
In a world with many unknowns, rapidly shifting economic conditions, and an ever-changing regulatory environment, the landscape for the oil and gas industry is as it has never seen before. Wyoming’s Oil and Gas Fair commits to educate, engage, and mobilize industry and state leadership to help identify problems and solutions in order to blaze a path forward and actively shape Wyoming’s energy future.
Kris Koski, a lecturer with the University of Wyoming’s School of Energy Resources, states that Wyoming stands to be impacted disproportionately to other states and that it is nearly impossible to produce oil and gas without involving the federal government in some way. Wyoming is the nation’s top producer of oil and natural gas from federal minerals, contributing 38% of the natural gas produced on federal land nationwide, along with 16% of oil production.
“The signing of this Record of Decision is an important piece of the puzzle as Wyoming continues to be a trailblazer on the path to establish a carbon capture facility,” Gov. Mark Gordon told the Star-Tribune in a statement. “The ability to have a CO2 delivery system, as made possible by the pipeline corridor initiative, helps make CO2 commercially viable.”
The WPCI project does not develop or construct pipelines projects but aims to expedite environmental analysis of the designated corridors to make future project specific proposals more efficient.