Entries by ioga

Take Action: Trading Irregularities

Domestic Energy Producers Alliance Make your voice count. If your company was impacted by the trading irregularities on April 20, 2020, join us in demanding an immediate investigation. We are asking that the Commodities Futures Trading Commission (CFTC) begin an investigation without delay of the WTI crude oil futures traded on the Chicago Mercantile Exchange […]

IOGA Letter to Illinois Department of Natural Resources

IOGA sent the following letter to Daniel Brennan and Ernest Kierbach at the Illinois Department of Natural Resources Office of Oil & Gas Resource Management. The letter expresses IOGA’s concern about low oil prices and requests that the IDNR consider a moratorium on the issuance of NNCs and NOVs. Read the full letter here. Daniel […]

IDNR Report April 17, 2020

Active wells (does not include TA wells) Production                 21,262 Injection                       6,343 Total                            27,605   TA wells Production                3,080 […]

Illinois House & Senate Working Groups

Dan Reitz | IOGA Lobbyist The Illinois House and Senate are currently working from home. They are both planning on using working groups to formulate a plan of action in these uncertain times. Working groups have been established on a range of topics to evaluate the items necessary to deal with the ongoing coronavirus, and […]

Executive Order 18

This order extends the Executive Orders issued by Governor Pritzker, in response to COVID-19, until April 30th. We are still listed as an essential industry and will continue to update the ever-changing state of our state. Read the Executive Order 18 here

Paycheck Protection Program FAQs for Small Businesses

(Source: U.S. Senate Committee on Small Business and Entrepreneurship) Where can I apply for the Paycheck Protection Program? You can apply for the Paycheck Protection Program (PPP) at any lending institution that is approved to participate in the program through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by […]

Federal Legislative Update – CARES Act

Dan Reitz | IOGA Lobbyist Federal: The U.S. Senate passed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act or the ‘‘CARES Act,’’ the nearly $2 trillion negotiated legislation responding to the coronavirus pandemic and effects on the economy. The House is scheduled to pass the legislation on Friday. Some Highlights: The legislation continues […]

SBA Disaster Loan Program

This information is correct as of 3/23/2020 Anyone interested in applying for this program will apply directly with the SBA. This loan program is NOT being funneled through Banks like the typical SBA 7A or SBA 504 loan programs are. Click here for the SBA Disaster Loan Program. Click here to download the presentation from […]

Illinois Unemployment Resources

This information is correct as of 3/23/2020 COVID-19 and Unemployment Benefits Unemployment benefits may be available to some individuals whose unemployment is attributable to COVID-19. IDES recently adopted emergency rules to try to make the unemployment insurance system as responsive to the current situation as possible. What is Unemployment Insurance (UI)? In general, UI provides […]