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- Sales Tax Surge to Help Texas to Keep Its Books in Balance
Keeping the books of the state of Texas balanced can be something of a challenge. The past session of the Texas Legislature balanced the 2018-19 budget, albeit barely. The next session, due to start in a year, is going to face quite a challenge in making sure that spending matches tax receipts.
- State Funded Network of Sensors Begins to Track Fracking Related Earthquakes in Texas
Houston Public Media is reporting that a network of seismology sensors, partly funded by the state of Texas, is up and running. The TexNet Seismic Monitoring program, run by the University of Texas at Austin's Bureau of Economic Geology, is designed to track earthquakes in the state and to determine how and to what extent they are being caused by oil field fracking operations.
- Environmental Regulations Effect on Small Businesses
There are several environmental regulations that are in place for numerous larger and smaller businesses in the United States. The Environmental Protection Agency has put these in place to protect the world from the practices and behavior of the owners and management of entities so that the products and services to not harm the environment as much as they usually would.
- Wetlands Damage by Exxon
ExxonMobil Corporation and the New Jersey Department of Environmental Protection (NJDEP) received court approval of a $225 million consent judgment on August 25, 2015, in a closely-watched dispute over natural resource damages (NRD) caused by the oil giant.
- Environmental Claims Law
Environmental claims law is highly specialized and if a person is seeking to build a case and potentially seek damages for issues, a qualified and experienced attorney in the field of environmental claims law is a must.
- Shale Gas in Texas
Shale formations are an invaluable resource when it comes to natural gas and oil. The side effects of drilling in these shale deposits, however, can be costly. Shale is a type of rock which is made out of mud, clay, and fragments of other minerals. Shale is characterized by the thin layers make up the rock, meaning it can easily splinter and flake.
- Texas Fracking Disclosure Law Will Help Analyze Water Concerns
Texas fracking disclosure law goes into effect February 1, 2012. According to reports, on February 1, 2011, Texas drilling operators will be required to begin reporting many of the chemicals used in a process known as hydraulic fracturing. Industry sources say hydraulic fracturing is a process in which a mixture of water and chemicals is shot into the earth in order to recover excess oil and gas.
- Renewable Energy Credits: Representations and Warranties Every Buyer Should Ask for
When buying renewable energy credits (RECs), purchasers should make sure to negotiate a short but critical set of REC-focused representations and warranties. These representations and warranties are promises regarding the REC itself or the sellerís ownership of the REC.
- Ongoing Arbitration for Mobil Oil over Venezuelan Assets
Mobil Corporation's claims in international arbitration against Venezuela's national oil company raises issues common to all commercial transactions that cross borders.
- Families Await Answers Following Oil Rig Explosion off Louisiana Coast
The Coast Guard has called off its search for 11 oil rig workers missing after the explosion of Deep Water Horizon last Tuesday. Assumed dead, the 11 missing workers join 17 other victims injured in the accident - four of whom remain in critical condition.