Video & Transcript Research : 'oil production'

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ND

North Dakota 2025-2026 Regular Session

Senate Finance and Taxation Apr 16th, 2025 at 09:00 am

Finance and Taxation

Transcript Highlights:
  • To include all of the townships and counties in those oil-producing counties.
  • And again, that's the other penny. to include all of the townships and counties in those oil-producing
  • And if you notice there, we struck out the non-oil-producing county, so everybody may participate in
  • And then we also struck out the definition of the non-oil-producing county.
  • So the intent is that the gas tax then would apply to all of those in oil-producing counties.
Bills: SB2397
Summary: The Senate Finance and Tax Committee met and first took up House Bill 1382, the gas tax bill. Members explained an amendment to ensure that the proposed three-cent gas tax distribution would include all counties and townships in oil-producing counties, rather than excluding non-oil-producing counties as in the original draft. The committee adopted the amendment unanimously, but then held the bill for the time being because of related work on the Department of Transportation budget in the House. The committee then turned to House Bill 1168, a large hoghouse amendment that combined the bill with the contents of House Bill 1176 and added technical corrections. The proposal would raise the primary residence property tax credit maximum from $1,250 to $1,650, keep the 75% cap with a $500 floor, and extend the credit to voter-approved levies while excluding special assessments. Other changes discussed included aligning the disabled veterans property tax credit with the $200,000 exemption level, adjusting budget and distribution dates so taxing districts are made whole sooner, exempting townships from a general-election vote requirement for levy increases, and modifying school funding formulas so schools are not shortchanged if mill levies are reduced under the cap. Testimony from the Association of Counties and the State Supervisor of Assessments was generally supportive of the technical cleanup and implementation changes, but they raised concerns about the June 1 distribution date, application timing, and the practicality of some programming and administrative changes. Committee members also discussed the policy and messaging implications of the 75%/floor structure and the difficulty of applying the credit to certain voter-approved levies. No final action was taken on House Bill 1168; the committee agreed to continue working on amendments and recessed until later in the day.
WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development, February 16, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • ,</c> So, we're taking one raw product, So, we're taking one raw product, methane. methane. methane.
  • </c> not able to get our product to market. not able to get our product to market.
  • So we have taken one product and created three separate manufactured products.
  • product and created three separate manufactured<00:19:33.919><c> products.
  • </c><00:45:04.880><c> production</c><00:45:05.520><c> and</c> working on the production production and
Bills: HB0120, HB0043, HB0128
WY

Wyoming 2026 Regular Session

House Minerals, Business & Economic Development Committee, February 25, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • But the simple fact is this was a product of the Capital Finance Committee just to bring the same bill
  • is is<00:05:39.600><c> this</c><00:05:39.840><c> was</c><00:05:40.000><c> a</c><00:05:40.160><c> product
  • </c><00:05:40.479><c> of</c><00:05:40.639><c> the</c><00:05:40.880><c> capital</c> is this was a product
  • of the capital is this was a product of the capital Finance<00:05:41.840><c> Committee</c><00:05:42.240
Bills: HB0075, HB0128
WY

Wyoming 2026 Regular Session

Senate Minerals, Business & Economic Development Committee, February 25, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • Um, but then the severance tax reduction doesn't actually begin until the incremental oil production
  • </c> actually begin until the incremental oil actually begin until the incremental oil production<01:
  • </c> production means crude oil recovered production means crude oil recovered from<01:42:35.600><c>
  • And are you thinking that that's in that line two of page one where it says oil and gas production?
  • Where it says oil and gas production? Is that the one that's troubling you?
Bills: HB0075, HB0128
TX

Texas 89th Regular

Energy Resources Apr 14th, 2025

Energy Resources

Transcript Highlights:
  • Just a little background: by far, the most common phrase used in oil and gas leases is "oil, gas, and
  • Let's take oil, for example. You produce. Oil, you're going to also produce water.
  • That oil goes into a tank.
  • "Produced" is used a lot in the oil and gas industry; oil and gas is in the ground.
  • Commercial oil fill.
TX

Texas 89th Regular

Energy Resources Apr 14th, 2025

Energy Resources

Transcript Highlights:
  • It is oil and gas, fluid, oil and gas waste.
  • I'm a lifelong member of the oil and gas industry.
  • with oil and gas waste and disposal.
  • , from an oil and gas interest.
  • And then after the revenue starts coming in, if there are deductions for production costs post-production
TX
Transcript Highlights:
  • Members, Texas produces nearly half of the U.S. total oil production at close to six million barrels
  • of oil a day.
  • consequences surrounding the disposal of oil and gas waste as the oil and gas industry. industry works
  • Given the high level of oil and gas production activity in most areas of the state, especially in West
  • with those production levels.
TX

Texas 89th Regular

Natural Resources (Part II) Mar 26th, 2025

Natural Resources

Transcript Highlights:
  • Our members may operate aggregate production operations such as quarries and rock crushers in the course
  • We all use the products. I understand the growth objectives for Texas. I like it here.
  • We all use the products. I understand the growth objectives for Texas. I like it here.
Summary: The Senate Committee on Natural Resources took public testimony on Senate Bill 1757 and its committee substitute, a measure dealing with aggregate production operations and a new permitting option for rock crushers/aggregate facilities. Testimony centered on whether the bill should remain focused on air permitting or also include broader quarry operations such as stormwater, reclamation, monitoring, and public participation requirements. Supporters of the substitute, including representatives of the Texas Aggregate and Concrete Association and Associated General Contractors, said the bill would provide a voluntary third permitting option, preserve existing authorizations, and create a more practical regulatory path for Texas growth. Opponents and critics, including representatives of Texas for Responsible Aggregate Mining, Job Materials, and Public Citizen, argued the bill as written was too weak or too broad in the wrong ways. They said best management practices should be set in statute or through negotiated rulemaking rather than left to TCEQ rulemaking, and they raised concerns about limited monitoring periods, vague air-monitoring standards, public notice procedures, and the inclusion of non-air requirements in an air permit. Several witnesses said the bill should better balance industry needs with neighborhood impacts and public health protections. Chair Birdwell questioned witnesses about ongoing negotiations between industry groups and said the bill was intended to be a practical compromise. After testimony and questions, public testimony was closed. The committee left SB 1757 and its committee substitute pending, with no vote taken.
TX
Transcript Highlights:
  • members who build critical infrastructure vital to Texas growth. ...Our members may operate aggregate production
  • We all use the products. I understand the growth objectives for Texas.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 13th, 2026 at 02:00 pm

Revenue and Taxation

Transcript Highlights:
  • Members, House Bill 3986 expands eligibility for the 24-month gross production tax exemption on wells
  • understanding is that we are already doing this in practice, and we're continuing to encourage that productivity
  • This will just allow Texans to come to Oklahoma and buy agricultural products.
  • For instance, I went and got oil last weekend, and they had it on their computer that my car card had
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 13th, 2026

Revenue and Taxation

Transcript Highlights:
  • Members, House Bill 3986 expands eligibility for the 24-month gross production tax exemption on wells
  • understanding is that we are already doing this in practice, and we're continuing to encourage that productivity
  • This will just allow Texans to come to Oklahoma and buy ag products there.
  • This will just allow Texans to come to Oklahoma and buy ag products there.
  • For instance, I went and got oil the last weekend, and they had it on their computer that my card had
Summary: The Revenue and Taxation Committee met and first laid over House Bill 15.9 to the next meeting. The committee then unanimously advanced an executive nomination, James Burleson to the Oklahoma Tax Commission, after brief testimony from Sen. Pugh and Burleson’s comments about his private-sector, nonprofit, and community experience and desire to serve the state. Members then considered several tax-related bills. House Bill 3986, expanding eligibility for the 24-month gross production tax exemption for wells completed using recycled water, passed 10-1 after questions about whether the change was retroactive. House Bill 3548, which would exempt small child-run businesses from certain taxes and permits up to a $1,000 gross-revenue threshold, passed 11-0 after questions focused on enforcement and adult involvement. House Bill 3661, removing the sunset on the forestry equipment sales tax exemption, passed 8-3 despite concerns about the lack of hard data supporting the incentive’s continuation. The committee also passed House Bill 4346, creating reciprocity for agricultural sales tax exemptions for neighboring states, after discussion about verification methods, fraud prevention, and whether the Oklahoma Tax Commission could track out-of-state buyers; the bill passed 8-3. House Bill 3075, the “Oklahoma Common Sense Act” dealing with a post-penny environment and giving agencies and political subdivisions more time to update point-of-sale systems, was amended to set an effective date of November 1, 2026, and then passed 11-0. Finally, House Bill 4273, clarifying that certain R1 university aerospace research employees qualify for an aerospace tax credit, passed 6-5 after debate over whether the credit could create a broader domino effect for other professors and fields. The chair announced the committee would likely meet again the following Monday for its last meeting of the year, and then adjourned.
TX

Texas 89th Regular

Natural Resources (Part II) Mar 12th, 2025

Natural Resources

Transcript Highlights:
  • Alternatively, an operator could adopt the well to bring it back into production.
  • in an area that would otherwise be suitable for production, but for the, but for the existence of the
  • SB 1146 will allow operators in good standing who own interest in a current oil and gas lease or mineral
  • This program will expedite the plugging of certain orphaned wells and help increase oil and gas production
  • Senators, my name's Todd Staples with the Texas Oil and Gas Association testifying in favor of Senate
TX

Texas 89th Regular

Natural Resources (Part I) May 14th, 2025

Natural Resources

Transcript Highlights:
  • In 2024, the Panhandle wildfires were sparked in part by neglected electrical equipment at oil sites
  • In 2024, the Panhandle wildfires were sparked in part by neglected electrical equipment at oil sites
  • maintained their equipment with regard to the issues on the oil and gas sites.
  • I'm a cow-calf operator in the Texas Panhandle and also an oil and gas investor from Amarillo.
  • I am in the oil and gas business and I participate in oil and gas. I would want these...
Summary: The Senate Committee on Natural Resources heard several House bills dealing with environmental regulation, oil and gas safety, landfill permits, and utility cost recovery. HB 1237, by Rep. Geren and sponsored by Sen. Zaffirini, would extend TCEQ occupational license renewal deadlines from 30 days to 90 days, allow renewal up to one year with higher fees, and require a new application after longer expiration; the committee substitute clarified that applicants may continue working only until renewal is approved or denied and set a 180-day cutoff for renewal. HB 3071, sponsored by Sen. Hancock, would require TCEQ to cancel certain long-dormant municipal solid waste permits; members discussed concerns about precedent, ownership changes, and whether the bill should be narrowed, and the bill was left pending with a committee substitute expected. The committee also heard HB 2663, sponsored by Sen. Birdwell, which would require operators of inactive oil and gas wells to remove or de-energize electrical equipment after 10 years and authorize Railroad Commission penalties for false compliance. Testimony from landowners, cattle raisers, and the Sierra Club supported the bill as a wildfire-prevention measure, and the bill was left pending. HB 4384, also by Rep. Darby and sponsored by Sen. Birdwell, would let natural gas utilities defer certain infrastructure costs for later recovery through the GRIP process; utility representatives supported it as credit-positive and consistent with existing accounting, while consumer advocates opposed it as increasing rates without enough oversight. The committee discussed possible amendments to add more cost controls, and the bill was left pending. Later, the committee voted HB 2563, the companion to SB 2510, favorably to the full Senate by a 5-0 vote and ordered it certified for the local and uncontested calendar. The committee then took up HB 143, which would codify interagency procedures for addressing electrical power line safety at well sites and related facilities after wildfire concerns; members said a committee substitute had been negotiated with agencies and stakeholders to clarify responsibilities, timelines, and inspection authority while reducing fiscal impact. No final vote was taken on HB 143, and the committee recessed with several bills still pending.
TX
Transcript Highlights:
  • In 2024, the Panhandle wildfires were sparked in part by neglected electrical equipment at oil sites
  • These incidents could have been avoided if either the utility company or the oil and gas company had
  • properly maintained their equipment with regard to safety and oversight. to the issues on oil and gas
  • I'm a CALCAV operator in the Texas Panhandle and also an oil and gas investor from Amarillo.
  • I am in the oil and gas business, and I participate in oil and gas. I want these things to happen.
TX
Transcript Highlights:
  • Well, production taxes, but yeah, so that's the purpose of it, is that.
  • In a sense of its productivity measurement, but in its establishment.
  • My name is Todd Staples, President of the Texas Oil and Gas Association.
  • Did it bring wells back out of inactivity to be productive?
  • Last time the inactive oil issue was raised was in 2009, is my understanding.
TX
Transcript Highlights:
  • Alternatively, an operator could adopt the well. to bring it back into production, though not every orphaned
  • well is suitable for this purpose. 14 can also prohibit safe and reliable exploration and production
  • in an area that would otherwise be suitable for production. 16 might wait for the state to prioritize
  • This program will expedite the plugging of certain orphaned wells and help increase oil and gas production
  • We think this is a common sense bill that 63 in advancing the development of oil and gas in this state
OK

Oklahoma 2026 Regular Session

Rules REVISED: Links added Apr 2nd, 2026

Rules

Summary: The committee heard several measures, led by SJR 39, a proposed constitutional amendment to send to voters that would cap annual homestead property tax valuation growth at 1% and all other property at 3%. The speaker argued it would not cut taxes but slow growth for taxpayers facing rising assessments, while opponents questioned the effect on county revenues, sheriff funding, and whether growth below inflation would strain local governments. After debate, the committee voted 10-2 to report the resolution due pass. The committee also heard HJR 47, which would place proof-of-identity requirements for voting in the Constitution. Supporters said it would strengthen election integrity and noted existing law already requires proof of identity, while opponents raised concerns about impacts on voters with disabilities and the difficulty of changing constitutional language if problems arise. The measure was reported due pass on an 11-1 vote. Senate Bill 227, described as supporting fair taxation and investment without duplicative tax, and SB 1942, clarifying the distinction between reimbursable and reimbursed dental services to protect providers and patients, both passed the committee on near-unanimous votes. The committee then advanced SB 1627, a 116-page sentence-modernization and consolidation bill that was described as a cleanup measure with no substantive change to existing law, and it was reported due pass unanimously. Finally, SB 625 was presented as temporary cleanup language related to domestic violence legislation and judicial requests, with the sponsor noting the bill would be replaced by a floor substitute later; the committee approved it due pass 10-0. The meeting ended with the chair noting the committee was dismissed and likely to meet again under the rules committee schedule.