Featured Blog Posts – August 2017 Archive (1)

Taxes and Regulation: The Twin Banes of Natural Gas Development

Natural gas development isn’t easy. Politicians want to tax it and regulate it. The pols are now in a bind, though, and offering to trade one for the other.

Pennsylvania’s House of Representatives continues to struggle with the funding plan needed to balance the $32,000,000,000 state budget allowed last month by Governor Wolf to come into law. To pay for it, the Senate agreed for the first time to impose a mineral extraction tax. In return the Senate gave…

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Added by Thomas J Shepstone on August 7, 2017 at 2:32am — No Comments

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