Newly-elected Gov. Josh Shapiro, who appears to be completely ineffective since taking office (which is not necessarily a bad thing), 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…
Read More...The West Virginia State Legislature passed House Bill (HB) 2581 on the last day of the annual WV legislative session in April 2021. HB 2581 required the State Tax Commissioner to develop a revised methodology to value oil and natural gas properties for the purpose of assessing property taxes. The State Tax Department submitted an…
Read More...In 2021 as he was running for the office of Governor in Virginia, Glenn Youngkin pledged if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Following his recent review of a new regulation to remove the state from…
Read More...West Virginia’s budget year runs from July 1 in one year to June 30 of the next year. The most recent “2023” fiscal budget year ended on June 30. WV is rolling in the dough. The state ended the 2023 fiscal year with more than $1.8 billion in surplus funds, driven mainly by increased personal…
Read More...Pennsylvania’s Democrat Party is hellbent on driving the Marcellus Shale industry out of the state. They have been for years. That’s just a truthful observation and beyond dispute. The latest evidence is the party’s insistence on adding a severance tax on top of the existing impact fee, PA’s version of a severance tax. The Dems…
Read More...Yesterday the Pennsylvania Public Utility Commission (PUC) posted detailed information about this year’s distribution of last year’s impact fees generated by natural gas producers. Great news! PA raised $278.8 million from Act 13 impact fees (PA’s version of a severance tax). That is the HIGHEST amount raised and distributed by impact fees since the beginning…
Read More...Last year after the shocking news that U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad this law really is for the oil and gas industry. First
Read More...In 2021 as he was running for the office of Governor in Virginia, Glenn Youngkin pledged if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). True to his word, after winning, Younkin pledged to ax RGGI with an
Read More...A radicalized left-wing organization hellbent on forcing the end of fossil energy called Evergreen Action, along with another radical nonprofit called Ceres, partnered and paid a for-profit company called Synapse Energy Economics (that works exclusively for left-wing groups) to produce a completely sham and false “report” that (try not to laugh) claims Pennsylvania residents will
Read More...Here we go again. The shale-hating Democrats of the Pennsylvania legislature have floated a resolution to “study” how much money… Continue reading The post PA’s Johnny One-Note Dems Once Again Harp on Severance Tax first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Josh Shapiro promised he was a different kind of Democrat–that he would work with Republicans on important issues like the… Continue reading The post Gov. “Do Nothing” Shapiro Will Have to Decide on RGGI Soon first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We’ve noticed over the past several weeks a coordinated effort among Big Green groups, including the Sierra Club, Analysis Group,… Continue reading The post Big Green in Full Propaganda Mode Lying About PA RGGI Carbon Tax first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...According to data recently compiled and shared by the Ohio Oil & Gas Association (OOGA), during 2021 (the most recent… Continue reading The post Ohio Oil & Gas Generated $57M in Property Tax Revenue in 2021 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Newly-elected Gov. Josh Shapiro, who (we must say) has appeared to be completely ineffective since taking office (which is not… Continue reading The post PA Gov Appoints Secretive Group to Work on Global Warming Plan first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...In his first two days in office, Joe Biden declared war on the oil and gas industry. One of the… Continue reading The post Court Rejects Republican Case re Biden EPA Social Cost of CO2 4X first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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