“BURNING ENERGY ISSUES IN TEXAS”

Presented by

Alex MillsPresident

Texas Alliance of Energy Producers

March 6, 2012

Texas Energy Council

24th Annual Energy Symposium

“…(THIS ADMINISTRATION), WANTS TO TRANSFORM THE WAY WE PRODUCE AND USE ENERGY FOR THE SAKE OF THE ENVIRONMENT, OUR SECURITY, AND OUR ECONOMY. FINALLY, THIS PLAN WILL BEGIN TO END THE TYRANNY OF OIL IN OUR TIME.” PRESIDENT OBAMA, MARCH 2009.

STATE

RRC SURCHARGES ON FEES

FEES FOR ROAD REPAIRS

EAGLE FORD TASK FORCE

TEXAS CHEMICAL DISCLOSURE LEGISLATION & REGS.

INACTIVE WELL REGULATION CHANGES

WATER USAGE

WATER DISPOSAL

AIR MONITORING AND TESTING BY TCEQ

FEDERAL

GASOLINE PRICES: ”ILLEGAL ACTIVITY BY TRADERS AND SPECULATORS”

EPA, DOE, INTERIOR, SEC, FISH & WILDLIFE, TREASURY, CFTC

EPA’S MANDATORY GREENHOUSE GAS REPORTING RULE SUBPART W. EMIT 25,000

TONS PER YEAR OF CO2 EQUIVALENT. DEFINITION OF “FACILITY”

KEYSTONE PIPELINE

ENDANGERED SPECIES DESIGNATION

CROSS-STATE AIR POLLUTION RULE (AUG. 2011)

NEW OZONE STANDARD FOR METROPLEX(AUG. 2011)

EPA ISSUES COMPLAINT AGAINSTRANGE RESOURCES

SEC SERVES SUBPOENAS ON SHALE COMPANIES

CAP & TRADE

CASH FOR CLUNKERS

NJ PASSES LAW BANNING HYDRAULIC FRACING

HOW DOES THIS HAPPEN?

POLITICS: WINNERS & LOSERS

ENVIRONMENTAL GROUPS RAISED $632 MILLION IN REVENUES IN 2010

• NATIONAL WILDLIFE FEDERAL ENDOWMENT$3 MILLION

• FRIENDS OF THE EARTH$4 MILLION

• GREENPEACE$21 MILLION

• SIERRA CLUB$29 MILLION

• NATIONAL WILDLIFE FEDERATION$97 MILLION

• NATIONAL RESOURCE DEFENSE COUNCIL$99 MILLION

• ENVIRONMENTAL DEFENSE FUND$69 MILLION

• NATIONAL AUDUBON SOCIETY$306 MILLION