PA Gov. Rendell Predicts His Proposal to Tax Marcellus Shale Gas is DOA
WTAE Pittsburgh (Feb 25)
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Pennsylvania Gov. Ed Rendell (Democrat), has proposed a severance tax on natural gas in the Marcellus Shale. But the Governor himself is not optimistic that the Pennsylvania Legislature will pass his proposals. From the WTAE news report:
In addition, Rendell is reviving proposals he has offered before, including extending the tobacco tax to cigars and smokeless tobacco and adding a severance tax on natural gas extraction to capitalize on the industry’s hot pursuit of Marcellus Shale.
However, Rendell said he’s not optimistic the state Legislature will vote for his changes.