HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

Providing coverage of Alaska and northern Canada's oil and gas industry
May 2006

Vol. 11, No. 20 Week of May 14, 2006

AOGCC, NPR-A grant bills both pass

A bill Petroleum News described in the May 7 issue as stuck in committee early in May was actually moving.

House Bill 300, introduced by Rep. Vic Kohring, R-Wasilla, in 2005 specifying qualifications for the public member of the Alaska Oil and Gas Conservation Commission, moved out of Senate State Affairs, had a reference to Senate Resources waived, and passed the Senate May 9.

The bill originally had specific requirements for a legal or business management background for the public seat. It was amended to require “training or experience that gives the person a fundamental understanding of the oil and gas industry in the state.”

The Senate bill on use of federal grants for National Petroleum Reserve-Alaska impacts, Senate Bill 171, as amended in the House, also passed the Senate May 9. This bill, introduced last year by Sen. Gary Wilken, R-Fairbanks, was significantly amended in the House (see story in May 7 issue of Petroleum News), removing a legislative committee to determine grants. The bill requires that 25 percent of the gross of the grants goes to the Permanent Fund.

Sen. Donny Olson, D-Nome, said on the Senate floor that a compromise had been reached, and recommended passage of the House substitute.

—Kristen Nelson






Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.