World War T: OH Severance Tax is Dead, but May Come Back Again
OH Gov. John Kasich--known around these parts as the "foreigner-hunter" (see OH Gov. Kasich Goes Foreigner-Hunting in Strasburg)--thought his brilliant plan to assess Utica drilling in the state with a high severance tax would be "a layup." Thankfully, he blew the easy shot.
A high oil and gas severance tax in Ohio is, for now, dead. But like the zombies in World War Z, don't expect it to stay dead--at least according to Gov. Kasich. He hasn't given up on the idea. Like those pesky and energetic zombies chasing Brad Pitt, you can expect a higher severance tax to spring back to un-life at any time...
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