Ohio Governor John Kasich announced plans to propose significant statutory and/or regulatory changes to the state?s energy policies. The Governor announced in a speech in Cleveland that he is working with lawmakers to prepare legislation to address energy policy generally, including new requirements regarding renewable energy sources.
Kasich?s announcement comes in the wake of a study claiming that shale drilling will have a dramatic impact on Ohio?s economy. Click here to view the study.
With regard to oil and gas, it is likely that the proposed changes will include modifications to well construction standards; mandatory disclosure of chemicals used in hydraulic fracturing; and potential new fees to be paid by gas and oil producers to communities and counties.
The Governor hopes to introduce the legislative package by mid-March and have passage by the end of June.