Energy Exploration Bill on the 2015

So far, the energy exploration debate in North Carolina has focused on activities to occur "years down the road."  Well, we're down that road.  In October 2014, state regulators are to release the rules for drilling and fracking both on-shore and off the coast of North Carolina.  A 1% tax will serve as an initial rate when and if energy companies choose to drill in North Carolina.  In March 2015, state permits could be issued.  A new senate bill will automate the "rules to permits" process.  We'll get five months to read the regulations and companies will be apply for permits the following March.  Senator Buck Newton visited the studio for this brief discussion on the energy exploration bill.