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If you are not outraged yet over the theft of your property rights and lost opportunity, read this

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Here is the proposal in the New York Assembly February 3, 2012, the intention of which is to divert at no cost to the users, likely focused in down state NY, 10 percent of all gas produced on our properties. This surely is the sentiment of Metropolitan New York , that we in upstate must pay extreme lottery taxes for our leasing bonus, increased income as well as property taxes, take on all ownership risks,suffer reduced compensation as a result of the unfair basically illegal delays, and also give our gas and attendant royalties away, and in some situations totally sacrifice mineral rights, bonuses and royalties because NYC has not yet found a way to get upstate to pay for a water filtration system that really should be in place. And we are doing this why? I would suggest greed, pure unadulterated greed and selfishness. If they want gas they should pay for it with an elimination of all attendant taxes, which is very fair indeed.JLCpulse

9200
I N  A S S E M B L Y
February 3, 2012
___________
Introduced  by M. of A. GRAF, SALADINO, MONTESANO, RAIA, CALHOUN -- read
once and referred to the Committee on Environmental Conservation
AN ACT to amend the  environmental  conservation  law,  in  relation  to
establishing  a  set-aside  for power generated through the process of
hydraulic fracturing
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:
1    Section  1.  The environmental conservation law is amended by adding a
2  new section 23-0505 to read as follows:
3  S 23-0505. HYDRAULIC FRACTURING RESERVE.
4    1. FOR PURPOSES OF THIS SECTION, "HYDRAULIC FRACTURING" MEANS A  PROC-
5  ESS  USED  TO CREATE FRACTURES IN ROCK BY MAN-MADE FRACTURING TECHNIQUES
6  FOR THE PURPOSES OF STIMULATING NATURAL GAS OR OIL WELL PRODUCTION.
7    2. FOR ALL HYDRAULIC FRACTURING PERMITS ISSUED UNDER THIS  TITLE,  TEN
8  PERCENT  OF NATURAL GAS OR WELL OIL PRODUCED AS THE RESULT OF SUCH PROC-
9  ESS SHALL BE DIVERTED TO THE HYDRAULIC FRACTURING  RESERVE,  ESTABLISHED
10  IN  SUBDIVISION  THREE  OF THIS SECTION. THE CONTRIBUTION OF GAS OR WELL
11  OIL MANDATED BY THIS SECTION SHALL BE AT NO COST TO THE STATE AND  SHALL
12  NOT  BE  REIMBURSED EXCEPT IN THE INCIDENTAL EXPENSES INCURRED IN TRANS-
13  PORTATION OF SUCH GAS OR OIL IN ACCORDANCE WITH THIS SECTION.
14    3. THE COMMISSIONER SHALL ESTABLISH A RESERVE  TO  RECEIVE  AND  STORE
15  NATURAL  GAS  AND WELL OIL PRODUCED AS A RESULT OF HYDRAULIC FRACTURING.
16  SUCH RESERVE SHALL BE FOR THE EXCLUSIVE USE OF THE VARIOUS POWER AUTHOR-
17  ITIES OF THE STATE. THE COMMISSIONER, IN HIS  OR  HER  SOLE  DISCRETION,
18  SHALL DISTRIBUTE THE CONTENTS OF SUCH RESERVE PROVIDED:
19    A. THE NATURAL GAS OR WELL OIL DISTRIBUTED UNDER THIS SECTION SHALL BE
20  USED EXCLUSIVELY BY POWER AUTHORITIES FOR THE PRODUCTION OF ELECTRICITY;
21  AND
22    B.  THE  COMMISSIONER  SHALL IMPLEMENT RULES AND REGULATIONS REGARDING
23  THE DISTRIBUTION OF THE RESERVE AND SHALL  DISTRIBUTE  THE  CONTENTS  OF
24  SUCH IN A FAIR  AND EQUITABLE MANNER.
25    4.  ALL CONTRACTS AND PERMITS ISSUED FOR THE EXTRACTION OF NATURAL GAS
26  AND WELL OIL THROUGH THE PROCESS OF HYDRAULIC FRACTURING SHALL INCLUDE A
27  CLAUSE THAT  EXPLICITLY  DETAILS  THE  OBLIGATION  OF  THE  PRODUCER  TO
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD13609-01-1
A. 9200                           2
1  CONTRIBUTE  TEN PERCENT OF SUCH PRODUCTION AND EXTRACTION TO THE RESERVE
2  AT NO COST TO THE STATE.
3    5.  THE  ATTORNEY  GENERAL SHALL BE RESPONSIBLE FOR THE ENFORCEMENT OF
4  THIS SECTION.
5    S 2. This act shall take effect immediately

Comments  

 
+2 # james lynn 2012-03-22 18:40
thats the most outrageous thing to do to a landowner
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