Governor Wolf’s proposed severance tax on natural gas drilling will cost Pennsylvania thousands of jobs and billions of dollars, according to a report released Thursday by the American Petroleum Institute, the nation’s largest oil and gas trade group.
Butler County government and local municipalities have received millions in impact fees on unconventional gas wells from natural gas drillers.
The “Marcellus Shale” formation has been a boom for Pennsylvania’s otherwise stagnant economy.
Gov. Wolf, my family is a natural gas industry family.
Impressive as they are, statistics tell only part of the positive economic story of Pennsylvania’s Marcellus shale natural-gas industry.
Gov. Tom Wolf’s proposed severance tax would be devastating to Wyoming County, which has witnessed impressive economic growth from the natural gas industry.
An organization of Pennsylvania’s municipalities is joining counties in opposing Gov. Tom Wolf’s proposal to replace a variable fee on Marcellus Shale natural gas wells with a flat annual payment to local governments in drilling areas.
When Gov. Tom Wolf was campaigning, he said if elected he would place a severance tax on Marcellus shale gas in the commonwealth, and now he’s moving forward on a plan to do just that.