Minnesota Over-Production and Under-Production of Gas

State:
Multi-State
Control #:
US-OG-502
Format:
Word; 
Rich Text
Instant download

Description

This is a form dealing with the Over-Production and Under-Production of Gas, the event Assignor's gas production, if any, from the Assigned Property is in excess of or less than Assignor's interest in the Property, then Assignee shall acquire Assignor's interest subject to that over-production or under-production.

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FAQ

12% of Minneapolis households (159,048) have a high energy burden (above 6%). 5% of Minneapolis households (71,714) have a severe energy burden (above 10%). 15% of Black households (16,950) and 16% of Hispanic households (9,680) in the Minneapolis metropolitan area experience a high energy burden (above 6%).

Nearly one in three counties in Greater Minnesota has an average energy burden of 5 percent or higher, ing to data from the U.S. Department of Energy National Renewable Energy Laboratory, compared to the national average of 3.5 percent and Minnesota statewide average of 2 percent.

Crude oil from Canada flows through pipelines, stopping at two refineries in the state. One is the Marathon Refinery in St. Paul Park, and the other is the Flint Hills Resources Pine Bend Refinery in Rosemount. The Pine Bend Refinery makes 70% of the state's gasoline.

An energy burden is the percentage of household income that is spent on utility bills. To determine your energy burden, calculate the amount of your annual utility bills and divide that by your annual household income.

A household's energy burden is the percentage of income spent on home energy bills. A high energy burden is considered to be above 6% and a severe energy burden above 10%.

Renewable resources, including wind, solar, hydropower, and biomass, generate the largest share of Minnesota's electricity. In 2022, renewables accounted for 31% of total in-state electricity net generation, coal fueled 27%, nuclear power supplied 24%, and natural gas contributed 18%.

There is no oil or gas activity in Minnesota due to limited crude oil and natural gas reserves.

Renewable resources, including wind, solar, hydropower, and biomass, generate the largest share of Minnesota's electricity. In 2022, renewables accounted for 31% of total in-state electricity net generation, coal fueled 27%, nuclear power supplied 24%, and natural gas contributed 18%.

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Minnesota Over-Production and Under-Production of Gas