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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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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. The Port currently has service by two Class I railroads, Norfolk Southern and CSX—both offer double-stack service to critical manufacturing and population centers.

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Global Growth Surge in Southwest Louisiana

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The Director of Economic Development, Frank Fink will serve as the Parish guide to finding the right site, work through Zoning and Permitting issues and provide a complete set of regional demographic data and interpretation. There is a four-lane interstate quality highway US 90 (future I-49) that parallels the railroads.

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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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