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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The federal Bureau of Land Management, which has subsurface mineral rights for much of the Monterey shale field, in December sold about 15 leases for thousands of acres of potential shale development in California. It is anticipated that the Draft EIR will be brought before the Planning Commission for certification in March 2013.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

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Cover Story: New Energy Powers Growth

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With 32 ports statewide, Louisiana offers six deep-draft ports capable of transferring large quantities of cargo, is one of only two U.S. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program. Already the nation’s No. 2 crude oil producer and No. billion in project investment.