Alva Review-Courier -

Overhaul of Idaho oil and gas laws includes new commission

 

April 28, 2017



BOISE, Idaho (AP) — A revamped commission overseeing Idaho's natural gas and oil industry and a beefed-up state agency to aid that effort emerged from this year's legislative session along with more detailed reporting requirements for oil companies.

The new laws and rules are a major course change for Idaho as expected windfalls of oil and gas money to state coffers and landowners have failed to happen despite several years of production. Severance taxes on reported production have never matched Idaho's cost to regulate the relatively new industry.

The new Oil and Gas Conservation Commiss...



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