West Virginia: Keeping shale jobs in the state is officials’ focus
Friday, October 2, 2015
Historically, West Virginia has exported its natural resources, but with the shale industry, leaders hope that the profits can stay within the state to benefit residents.
The Exponent Telegram reports that an increased severance tax has been proposed for natural gas liquids that are exported out of West Virginia. Ethane cracker projects that would help the Utica states have been announced for West Virginia, Ohio and Pennsylvania. In Wood County, West Virginia, current oil prices have put a hold on the project for now.
Sean O’Leary, fiscal policy analyst for the West Virginia Center on Budget and Policy, says that the state has the highest unemployment rate in the U.S., so creating shale jobs in West Virginia is key.
Via: The Exponent Telegram > Officials debate how to keep more gas development in state
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.