Throughout the year IOGANY directors travel to Albany to meet with key Senators and Representatives on important energy and legislative issues. In addition, we meet with DEC officials to discuss regulatory issues. As your association, we are here to represent you and be a voice in Albany on your behalf. If there are any issues that you would like us to address, feel free to contact the IOGA office to discuss it.
Highlights of several key issues that IOGA of New York is currently addressing are as follows:
FINANCIAL SECURITY FUND
Several of our members are experiencing difficulities in obtaining new bonds or renewing their existing well plugging bonds leaving some operators without adequate financial security. IOGA of NY and the NYSDEC are working together to arrive at a mutually acceptable program. We have prepared draft legislation allowing for another option to the currently accepted methods of financial security in the form of a "financial security fund". We have met with our legislators and received overwhelming support, and hope to have such legislation passed this spring. This proposed program is intended to supplement the existing well security options currently available to operators.
|
|