On February 13, Pennsylvania’s new oil and gas law was signed into law. House Bill 1950 replaces the Pennsylvania Oil and Gas Act. The new law enables counties with unconventional gas wells to enact an ordinance for the collection of an impact fee on unconventional gas wells for fifteen years. The new law also contains environmental protections, including larger setback requirements, fracking chemical disclosures, and zoning standards. Additionally, the law creates the Natural Gas Energy Development Program which is intended to fund projects to purchase new or convert existing fleet vehicles to compressed natural gas, liquefied natural gas, or bi-fuel vehicles.
Click here to read HB 1950
Written by Dan McGraw, Research Assistant
February 14, 2012
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PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK.
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JP54 5000,000 Barrels per Month FOB Rotterdam.
JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam.
D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam.
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Best Regards