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July 2010

Vol. 15, No. 29 Week of July 18, 2010

Millett, Edgmon propose state compact

Reps. Charisse Millett, R-Anchorage, and Bryce Edgmon, D-Dillingham, said July 13 that they are in the process of forming a new organization made up of states that are net producers of traditional energy resources.

The two, co-chairs of the Alaska House Special Committee on Energy, said they proposed the idea of a producer state compact while attending an energy conference last fall in Wyoming.

“The national debate on energy is being driven by a group of states that produce little or no oil, coal and natural gas,” said Millett. “It’s time for Alaska and other states that actually drill and produce the energy our country runs on to join together and make its collective voice heard in the nation’s capital — before cap and trade or any other negative far reaching energy legislation is passed on Capitol Hill.”

“While we recently passed an energy policy encouraging the development of renewable energy sources, we also understand that the need continues to develop our oil, gas, and other non-renewable energy resources. It’s important that we partner with other energy producing states on issues of common ground,” said Edgmon.

IOGCC

There is an Interstate Oil and Gas Compact Commission, but the focus of that organization, according to its website, is to assist member states to “efficiently maximize oil and natural gas resources through sound regulatory practices while protecting our nation’s health, safety and the environment.”

The IOGCC was founded in 1935 by six states which took advantage of a constitutional right to work together to take control of unregulated petroleum over production and resulting waste.

The focus of the IOGCC is effective regulation of the oil and gas industry.

Membership consists of governors of oil and gas producing member states along with appointed representatives. Thirty oil and gas producing states are currently members.

—Petroleum News






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