A fresh tax on Marcellus shale drilling, along with proposed changes to the drilling permit approval process, have managed to rile both the shale industry and environmental lobby in Pennsylvania, where the legislation has passed the Republican-controlled state Senate.
The legislation – which now faces the state House of Representatives – is intended to soften the blow of an increased tax on the shale industry by speeding up the permitting process. It comes as Pennsylvania aims to plug a USD 2.8 billion budget deficit for the 2017 financial year.
The so-called severance tax ...
Subscription Benefits
Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.
LNG Business Review
LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.
Gas Matters
Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.
Gas Matters Today
Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.