Invoking the words “coronavirus” and “COVID-19” like a magical talisman, Pennsylvania’s far-left, bumbling governor, Tom Wolf, has for the seventh year in a row issued a budget proposal that won’t pass because it includes a Marcellus-killing severance tax on top of the existing severance tax (called an impact “fee”). Every year the urgent/critical reason changes
Read More...Big Green groups conducted a highly coordinated effort to pack Pennsylvania Environmental Quality Board (EQB) virtual hearings on Gov. Tom Wolf’s $2.36 billion carbon tax scheme. Big Green claims 95% of those blabbering on during the hearings supported the tax, which would kill the gas-fired power generation industry in the state. There’s still time for
Read More...There is another new scam being perpetrated on the liquefied natural gas (LNG) sector. It’s called “green LNG.” Supposedly pimple-faced millennial investors are demanding the companies they invest in (with some $110 trillion worth of money) clean up their carbon dioxide emissions or the spoiled kids will refuse to invest. Some LNG companies are going
Read More...The Ohio Supreme Court ruled yesterday that the Ohio tax commissioner correctly charged Tallgrass Energy’s Rockie Express (REX) pipeline $2 million in excise tax (based on $699 million of income), for gas transported from and to (within) Ohio. REX claimed it did not owe the tax because the same law that exempts gas transported out
Read More...In 2012, Pennsylvania State Senator Andy Dinniman, Democrat from Chester County, PA (near Philadelphia) voted against passage of the Act 13 law that created the impact “fee” (actually a tax) on Marcellus Shale drillers in the state. Yet earlier this week Dinniman issued a press release to tout $740,000 in new grants for “green” projects
Read More...click for larger version Each June the Pennsylvania Public Utility Commission (PUC), the agency charged with keeping tabs on impact fee revenue from shale drillers (PA’s version of a severance tax) releases the final numbers of impact fee revenues and disbursements for the prior calendar year. Yesterday was the appointed day for 2018 fee revenue
Read More...Last Wednesday the West Virginia Supreme Court issued a consolidated opinion lumping together seven similar lawsuits filed by Antero Resources and CNX Resources against the WV state tax commissioner and the Doddridge County Commission. The lawsuits take issue with the way gas well valuations are calculated for property taxes. This post appeared first on Marcellus
Read More...Pennsylvania State Sen. Gene Yaw, Republican from Lycoming County, PA, seems to have changed his mind about a severance tax on Marcellus Shale production. The Marcellus Shale Coalition (MSC) visited Williamsport in Yaw’s home district yesterday. At a joint press conference to discuss the superiority of an impact fee to a severance tax, Yaw called
Read More...In April MDN told you that Pennsylvania State Senators Camera Bartolotta (Washington County) and Pat Stefano (Fayette County) had beaten PA Gov. Tom Wolf at his own game by offering to pay for his so-called Restore PA plan, not by using a severance tax on shale production, but instead by allowing more shale drilling on
Read More...Yesterday two northeast Pennsylvania legislators–state Representative Aaron Kaufer (Republican) and state Senator John Yudichak (Democrat)–hosted a rally to promote proposed new bipartisan legislation aimed at luring a “world-class” petrochemical manufacturing plant to the Scranton/Wilkes-Barre area. A big plant, on the order of the Shell cracker plant in southwestern PA. But no, not an ethane cracker.
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. One of the arguments often heard from those who oppose natural gas pipelines is that “nobody” benefits from the pipeline except the sleazy Big Corporation that builds and profits from it. A
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. What happened? Just a few weeks ago MDN told you that the West Virginia legislature had passed a bill with bipartisan support (and support from both the drilling industry and surface owners)
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