FEBRUARY 26, 2015 | by GORDON TOMB
Contrary to conventional wisdom, drillers are cutting back as talk of a natural gas severance tax heats up.
FEBRUARY 10, 2015 | by GORDON TOMB
The stories continue; more jobs, increased tax revenue and cheap energy, all from the free-market production of Marcellus Shale gas. Government programs simply pale in comparison to the revitalization spurred by natural gas.
DECEMBER 17, 2013 | by ELIZABETH STELLE
A fair and sound tax policy requires that people or businesses pay for the government they use, including the cost of extracting natural gas. Yet despite the passage of a natural gas "impact fee" nearly two years ago, a few lawmakers and government union bosses insist drillers still aren't paying their "fair share." The reality is, gas companies are already paying for more than they're using.
President Obama and one of his cabinet members are making separate trips to Pennsylvania this week. Their reasons for visiting couldn't be more different.
JULY 12, 2013 | by JOHN BOUDER
Remember the frackaphobic film Gasland (2010) directed by Pennsylvania native Josh Fox? Although a documentary in name, we proved the film to be largely fictional. Well the sequel, creatively titled Gasland Part II, is out, and The Washington Free Beacon has published its own illuminating fact check.
Given the fiscal challenges facing the state, many advocacy groups are calling for new taxes on natural gas. However, lawmakers should be aware that a severance tax will make Pennsylvania less attractive for gas drillers. Tax increases will not solve the long-term fiscal problems facing our state, with budgetary drivers like pension costs and welfare growing faster than our economy. Finally, this tax increase will victimize Pennsylvania landowners who will see their royalty checks shrink and small business owners who provide products and services to gas drillers.