Month: February 2022

Pennsylvania led gas-producing states in production in 2021, report says

Uncategorized

Pennsylvania led the pack of natural gas-producing states in growth last year. A recent report from the state’s Independent Fiscal Office shows total Pennsylvania production recorded the strongest year-over-year growth of any top-five gas producing state through November of last year at 7.9%. The state still ranked second in the amount of gas collected, behind Texas. Production …

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Wolf’s RGGI fixation will slow Pennsylvania’s recovery

Energy, Tax Reform

Gov. Tom Wolf’s timing for imposing a new energy tax could hardly be worse. Pennsylvania’s economy is trying to recover from the pandemic’s brutal effects. Yet, Wolf’s fixation to join the Regional Greenhouse Gas Initiative (RGGI) ignores that the policy will raise families’ energy bills and cripple local businesses. Wolf has tried – without the …

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Shifting Natural Gas and Oil Jobs to the Renewables Sector Isn’t So Simple

Energy, Workforce Development

Within hours of taking office on January 20, 2021, President Joe Biden signed an executive order cancelling the cross-border permit for the Keystone XL pipeline as part of a plan to phase out natural gas and oil, eliminating thousands of family-sustaining jobs. At the same time, the Biden administration promised plenty of “good-paying” positions would …

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Is It Time For Pennsylvania to Get Out of the Booze Business? | Pro/Con

News, Workforce Development

Since the end of Prohibition, Pennsylvania has maintained control over sales of booze. And Republicans don’t like it. In a latest attempt to dismantle the Pennsylvania Liquor Control Board, State Rep. Natalie Mihalek has proposed a constitutional amendment to ban the state from selling alcohol. If it passes the state Senate and House, it will …

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More Money for Pa. Towns: Marcellus Shale Impact Fees Projected to Surge as Gas Prices Rise

News

Impact fees collected for 2021 from Pennsylvania’s shale gas wells are projected to bounce back from the previous year’s record low to the highest level in three years. A new report from the Independent Fiscal Office credits a surge in natural gas prices for driving impact fees to an estimated $233.8 million for 2021. The total …

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Reps. Keller, Comer Demand Answers on Exporting Energy to Europe During Domestic Energy Crisis

Energy, News

U.S. Reps. Fred Keller (R-PA) and James Comer (R-KY) led a group of Congressmembers in expressing concern over plans by the President Joe Biden Administration to export energy to Europe during a domestic energy crisis. In a letter sent to the President, Keller and Comer said they were concerned that U.S. liquified natural gas (LNG) …

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As Pa. Tries to Show It’s Business-Friendly, Gov. Tom Wolf Proposes Cuts in Key Tax

Tax Reform

At a glance: The governor’s budget would take the state’s corporate net income tax from its current rate of 9.99% to 7.99%, effective Jan.1 2023, with further single percentage point reductions in 2026 and 2027. What it means: Pennsylvania is trying to shed the stigma associated with having the second-highest tax on corporate profits in the nation, …

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