Energy Modernization Act of 2014 Opens Doors for Growth in NC

North Carolina Petroleum Council (NCPC) Executive Director David McGowan welcomed Governor Pat McCrory’s signing of the Energy Modernization Act of 2014 which officially opened the door for the use of hydraulic fracturing in developing the state’s natural gas resources.

“Today’s announcement is a game-changer that could result in years of affordable natural gas supply for North Carolina families. It also positions the state to provide many new high-paying jobs and a bright economic future for hard working North Carolinians.

“We are encouraged by the governor’s focus on shale energy. Our industry shares the governor’s desire for progress and will continue to work with his administration to advance smart regulatory and economic policies that can revitalize North Carolina’s economy.”

NCPC is a division of API, which represents all segments of America’s oil and natural gas industry. Its more than 600 members produce, process, and distribute most of the nation’s energy. The industry also supports 9.8 million U.S. jobs and 8 percent of the U.S. economy.

Press Release, June 5, 2014

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >