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Ted Cranmer Memorial Outing
Nearly 100 members and guests turned out last Monday for a gorgeous day of golf and networking at PIOGA's Third Annual Ted Cranmer Memorial Golf Outing and Steak Fry. Thanks to all who participated, including our great sponsors. Visit the Photo Galleries section of our website for more scenes from the day.
Wolf's Restore Pennsylvania severance tax legislation introduced
Regular readers of our e-newsletter will have seen news clips almost weekly as Governor Tom Wolf has been touring the state touting his proposed Restore Pennsylvania initiative. The plan would borrow $4.5 billion over four years for infrastructure and other projects, paid for by a natural gas severance tax.

The legislation was introduced in the General Assembly last week as House Bill 1585, sponsored by Representatives Jake Wheatley and homas Murt, and Senate Bill 725, sponsored by Senators John Yudichak and Tom Killion. The production tax would range from 9.1 cents per Mcf to 15.7 cents, depending on the market price of natural gas.

While Wolf touted the large number of cosponsors and support of municipal officials, the leadership of the Republican-led legislature soundly criticized the plan. Click here to read what House Speaker Mike Turzai had to say.

From the industry side, a statement by API-PA did an excellent job of summing up the proposal. "This is the fifth time in five years Governor Wolf has proposed a severance tax that targets one industry through a counterproductive, punitive and anti-consumer policy. If enacted, this additional tax could discourage investments and risk the loss of revenues that have helped bolster the very communities and infrastructure in all 67 counties the proposal seeks to aid," said Executive Director Stephanie Catarino Wissman.

One difference this year, is that Wolf's tax proposal is not tied to the budget process, which is to be finalized by June 30 each year. It's unclear if or when the legislation might move, but PIOGA will keep members informed and ask them to get involved if necessary.
In an energy-hungry world, natural gas gaining the most
(Axios) Natural gas was the fastest-growing energy source in the world last year -when global energy consumption rose at its fastest pace in nearly a decade, according to a new International Energy Agency report.
 
Driving the news: Natural gas accounted for 45% of all energy consumption growth in 2018. Most regions and many industries, including the shipping sector, as shown in the accompanying chart, are turning to the fuel as a cleaner-burning, cheap alternative to coal and oil.
 
The big picture: Development of new gas resources, led by America, has ushered in what the IEA predicated in 2011 would be a "golden age of gas." This is reshaping geopolitics and complicating efforts to address climate change. While the cleanest-burning fossil fuel, natural gas still emits greenhouse gas emissions compared to sources like renewables or nuclear power.
 
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The Power of PIOGA: How to add value to your membership
Two years ago, we put together a packet of information that we called "What has PIOGA done for you? What can PIOGA do for you?" The packet was mailed to all members and included information about the many things PIOGA is involved with and how companies can add value to their membership by participating in committees, attending events and other means.

We have just finished updating the packet and have refocused it somewhat as a member-recruitment tool to let companies know about the advantages of PIOGA membership. It's now called "The Power of PIOGA - Influence, Information, Ideas: Why Membership Matters." We still think it's still a must-read for members too. You can find an electronic version here on our website.

We encourage you to share the link with prospective members, or provide us with their name and address and we will be happy to mail them a hard copy.
Events

7/10/2019
BURN CIGAR NETWORKING EVENT

PIOGA News

 
Another great PIOGA cigar networking event! If you're a fan of these fun get-togethers, our next one takes place July 10 at an all-new venue for us -- BURN by Rocky Patel on Pittsburgh's North Shore. Your registration fee gets you unlimited wine, domestic beer, heavy appetizers and a two-cigar pairing. More information, registration and sponsorship opportunities, can be found here.
 
Webinar: Spill Prevention, Control & Countermeasures 101 for Production Operations. PIOGA's Environmental Committee is hosting this informative webinar on June 14 featuring Mark Howard of the U.S. Environmental Protection Agency. He will present an overview of SPCC requirements, what to expect during inspections and specific examples of what not to do. While the content will be Pennsylvania-centric, attendees will still benefit from the federal overview. There is no cost to participate but registration is required. The deadline to register is June 11. Details are here.
 


Still available: PIOGA Centennial knives. As part of PIOGA's celebration of 100 years of working together on behalf of Pennsylvania's crude oil and natural gas industry, we  commissioned a commemorative knife from W.R. Case & Sons Cutlery Company. The limited edition, collector quality knife and wooden display box feature PIOGA's 100th Anniversary logo. It's a great collector's piece and also makes a unique gift for coworkers, industry colleagues and petroleum history enthusiasts. Order yours now!