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Pennsylvania business owners sound off on proposed oil and gas severance tax

Wednesday, May 20, 2015 by

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Over the last decade, the creation of as many as 250,000 jobs, in Pennsylvania has been attributed to the oil and gas industry. These jobs are both directly or indirectly related to Marcellus Shale development.

The Times Leader reports businesses in the supply chain of the natural gas industry are concerned about the effects of Pennsylvania Gov. Tom Wolf’s proposed severance tax. Marcellus natural gas production has provided economic vitality for Pennsylvania, but if the severance tax is imposed, businesses will struggle.

The newspaper states that the proposed severance tax has already depressed business for some. Pennsylvania Speaker of the House Mike Turzai urged Gov. Wolf to consider listening to businesses that are involved in the oil and gas industry so that local economies aren’t hurt.

Via: The Times Leader > Links in natural gas supply chain worry about Wolf’s proposed severance tax

More about the proposed severance tax:

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.

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