Job-creating companies, aware that regulation is inevitable and, if done right, can lend credibility to their natural gasextraction, are working with many officials to craft disclosure and other rules.
States with big energy production, like Louisiana and Oklahoma, also have another reform option: replacing the income tax with revenues from oil and gasextraction taxes, drilling leases and royalty payments.
We believe complexities associated with pipeline systems, gas storage and extraction, as well as declining production will drive natural gas prices up in the long-term.