According to poll, majority of Pennsylvanians want severance tax
Monday, November 9, 2015
A budget impasse in Pennsylvania has kept a proposed tax on shale drillers within the state from being instated. NPR StateImpact Pennsylvania reports that support for the tax sits at 67 percent, according to a survey conducted by an F&M pollster.
Pennsylvania Gov. Tom Wolf proposed a five percent tax on natural gas. In October, his latest proposal for a 3.5 percent tax was shot down by state legislators.
While the proposed severance tax has touted its benefits for public entities like schools, oil and gas industry officials largely oppose it.
Via: NPR StateImpact Pennsylvania > Poll finds voters still want new tax on gas drillers
More about the proposed severance tax:
- Natural gas severance tax still receiving opposition from shale industry Oct. 27, 2015
- Pennsylvania Gov. Wolf’s tax plan, including severance tax for drillers, defeated Oct. 11, 2015
- Pennsylvania business owners sound off on proposed oil and gas severance tax May 20, 2015
- Proposed severance tax worries Pennsylvania officials April 1, 2015
- Pennsylvania Gov. Wolf’s severance tax meets opposition March 29, 2015
- Pa. oil and gas conference: Severance tax and legislation are big topics May 20, 2014
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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.
This is short-sighted and foolish. Gas prices are already so low that exploration and drilling have all but ceased in our area (western PA). Increasing the cost to the development companies is only going to drive potential profits down, further, and reduce any incentive to resume production.
Do Pennsylvanians really prefer no gas to cheap gas?