PA Legislature Releases Report Comparing NatGas Taxes in 5 States

Pennsylvania’s Democrat Party is hellbent on driving the Marcellus Shale industry out of the state. They have been for years. That’s just a truthful observation and beyond dispute. One year ago, the Dems in the PA House passed a resolution by a single vote that directs the Legislative Budget and Finance Committee (LBFC) to “study” Pennsylvania’s revenue from the oil and gas industry, comparing it with the top five states for natural gas production in the U.S. (see PA House Votes 102-101 to Study Marcellus-Busting Severance Tax). The purpose of the study is to justify adding a new severance tax to the existing impact fee/tax. The report took a year to produce but was finally released on Wednesday.

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