PA Budget Signed by Gov. Corbett – No Severance Tax This Year
Pennsylvania Gov. Tom Corbett, a Republican, signed a Republican-passed budget for the state yesterday. The budget, thankfully, does not include a Marcellus Shale severance tax. It does, however, include new regulations that separate drilling standards between conventional (vertical only) and unconventional (shale) drilling. MDN has long chronicled the battle by PA’s Democrats to transfer wealth from the drilling industry to PA schools, and in the process kill the goose laying the golden eggs in PA (see PPG Op-Ed: Don’t Kill the Marcellus Goose Laying the Golden Eggs). In signing the budget, Corbett axed a bunch of money from the legislature’s budget, which has led to a Republican civil war in Harrisburg…
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A word of warning to all of you anti-drillers who are “back to the land” types–Obama’s EPA is coming for you next. Your own environmental extremism will soon turn around and bite you on the backside. The rogue federal Environmental Protection Agency, since 2009, has targeted fracking and the oil and industry any which way it can, attempting to usurp state regulation (see 
