Yesterday, the Intermediate Court of Appeals for West Virginia issued an opinion in a case that had (until now) escaped our radar. Equinor, Norway’s state-owned oil and gas company (previously known as Statoil), said it had overpaid its severance tax bill in West Virginia for the years 2014 and 2016. Equinor said WV miscalculated the…
Read More...In 2019, when then-Pennsylvania Gov. Tom Wolf announced he would unilaterally force the state to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme aimed at forcing coal- and gas-fired plants out of business, he claimed the tax would only amount to a few dollars per short ton of CO2 (see Gov. Wolf…
Read More...In a court case that stretches back to 2019, Antero Resources, the biggest driller in West Virginia, challenged how its wells had been valued for tax purposes in Doddridge and Richie counties for 2016 and 2017. Antero said the combined value of its wells for those years should have been $1.488 billion. The state tax…
Read More...With all of the good news about WV (and OH, and PA) winning the Biden Hydrogen Hub Hunger Games contest by scoring $925 million for the WV-led Appalachian Regional Clean Hydrogen Hub (ARCH2) (see today’s lead story), there is a potential black cloud on the horizon. Investments in ARCH2 might not actually come to pass…
Read More...The left always twists language in its attempt to push its ideology and agenda — even in Christianity. The Pennsylvania-based Evangelical Environmental Network (EEN), during its 15-year history, has supported every far-left environmental regulation proposed by the Democrat Party and has criticized every conservative, Republican energy plan that allows for fossil energy to flourish in…
Read More...We remember (years ago) hearing Rush Limbaugh postulate this observation about liberals: “Liberalism is spreading misery equally.” Instead of cutting taxes, which boosts economic prosperity for everyone, including those at the bottom of the economic ladder, liberals seek to make more people pay more taxes. Spread the misery. Instead of allowing people to choose their…
Read More...Newly-elected Pennsylvania Gov. Josh Shapiro appointed a working group in April to help guide him on what he should do concerning the Regional Greenhouse Gas Initiative (RGGI) carbon tax and the broader issue of global warming (see PA Gov Appoints Secretive Group to Work on Global Warming Plan). The panel was super-secret, with only a…
Read More...In an administration full of destructive regulatory actions and legislation targeting fossil energy for extinction, the so-called Inflation Reduction Act (IRA) stands out as one of the worst. The IRA was made possible by a traitorous vote by West Virginia Democrat U.S. Senator Joe Manchin (see Tragedy: Joe Manchin Caves & Agrees to Big Green…
Read More...RGGI Tax on Pennsylvanians Spiked Again in Huge Victory Jim Willis on NGL Pipelines Editor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: Pennsylvanians have been spared again from the RGGI tax that Democrats want to impose on them for the sake of worthless but dangerous green virtue signaling.] Thanks to the good work of Pennsylvania’s
Read More...Thanks to the good work of Pennsylvania’s Senate Republicans, residents and ratepayers across the Commonwealth have been spared a spike in their electricity rates for a seventh time. The state just missed the latest so-called Regional Greenhouse Gas Initiative (RGGI) “auction” that forces coal- and gas-fired power plants to pay obscenely high taxes to continue…
Read More...The transient workers in the Ohio Utica Shale field must stay somewhere. That somewhere is typically a hotel or motel. Belmont County, one of the hotbeds of Utica drilling, has many such transient workers. Their overnight stays at area hotels and motels create a big pile of lodging tax revenue, which is used to help…
Read More...Last Friday, MDN told you about a new Cambridge University study published in the journal Science exposing the sale of carbon credits as a scam (see Cambridge Study Finds Carbon Offsets Using Trees is a Scam). Now that the carbon credit scam has been exposed, big companies like Shell, Nestle, and Gucci are exiting the…
Read More...Carbon offsets are the same thing as carbon taxes. A carbon offset refers to reducing so-called greenhouse gas emissions by buying a credit from someone who plants trees or agrees not to cut down trees. A company gets to keep on polluting as long as it pays a tax to do it–pretending they are helping…
Read More...We have U.S. Senator Joe Manchin (lib Dem from WV) to thank for passing the so-called Inflation Reduction Act (IRA) one year ago (see Tragedy: Joe Manchin Caves & Agrees to Big Green Build Back Better). The IRA is a huge pork barrel of government spending on so-called green energy schemes. (The IRA also targets…
Read More...West Virginia’s state budget runs from July 1 through the following year’s June 30. WV’s General Revenue collections for July 2023, the first month of Fiscal Year 2024, came in at a respectable $7.7 million above estimates, with total collections of $335 million. However, that $335 million collected is 12% lower than the $381 million…
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