PA Gov Wolf’s Pathological Need for a Severance Tax

We suspect that Pennsylvania Gov. Tom Wolf may suffer from OCD--obsessive compulsive disorder. What else could explain the fact that even though PA doesn't have a completed 2015 budget, he's about to introduce a 2016 budget that once again calls for a severance tax on oil and gas--when the industry in his state has gone nearly dormant because of low prices? Shale drillers are struggling to stay solvent and to keep drilling at least a few new wells. And Wolf is, once again, insisting on a severance tax, that will essentially stop all drilling. Perhaps a better word for it is pathological...

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