North America
April 2, 2015
Fossil Fuels | Coal Power
Policy Brief
Low Natural Gas Prices Increase Effective Rate of Pennsylvania Severance Tax
Pennsylvania’s Natural Gas Industry Challenged by Regulatory Changes While a number of regulatory changes could slow Pennsylvania’s oil and gas expansion, its resource deposits will continue to attract steady growth. Pennsylvania Governor Tom Wolf’s proposed natural gas severance tax would significantly increase the effective tax rate for shale gas producers in the state, and ongoing…
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