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Wolf’s severance tax would set a minimum value on gas produced

March 18th, 2015|

Gov. Wolf's proposed severance tax on Marcellus Shale natural-gas production contains a unique feature that sets a minimum taxable level, guaranteeing that the state would capture its share no matter how low the gas price sank. The severance tax, dubbed the Pennsylvania Education Reinvestment Act, would set a minimum value [...]

Say no to a severance tax

March 13th, 2015|

As part of his state budget proposal for the coming fiscal year, Governor Wolf is asking the General Assembly to approve a plan to impose a severance tax on natural gas production of 5 percents plus 4.7 cents per Mcf. Not only would this tax come at a time when [...]

DEP releases revised Chapter 78 rulemaking

March 10th, 2015|

The following is from a March 9 DEP news release: The Department of Environmental Protection (DEP) today announced the latest draft revisions of the Environmental Protection Performance Standards at Oil and Gas Well Sites, continuing DEP’s record of modernizing and strengthening the environmental controls employed by this industry to assure [...]

PIOGA to fight Wolf’s moratorium threat against Pennsylvania’s natural gas industry

February 17th, 2015|

Pennsylvania Independent Oil & Gas Association President and Executive Director Louis D. D'Amico today vowed to fight for the future of natural gas production and employment in the Commonwealth, standing up to Governor Tom Wolf's threat of a moratorium in announcing plans to tax the industry:  "Governor Wolf's statement from [...]

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