Natural gas is domestic, clean burning, and in the case of Pennsylvania a very local fuel. Compared to wood or oil burning methods, natural gas burns much cleaner with less CO2 emissions. Natural gas in many cases proves to be the cheaper option. For those people who are visual learners,…
This week Cabot employees from the Northeast PA office moved into their brand new 32,000 square foot office building in Montrose Pennsylvania. The new building now has enough space to hold the entire staff instead of spreading them out between several separate buildings. Over the last few years Cabot has…
Frequently repeated (often on this site) are the following stats, “245,000 jobs created by oil and gas companies in Pennsylvania” and “average wage of oil and gas industry employee, $89,000” which are an important part of the story of Marcellus Shale development. Yesterday’s post highlighted oil and gas industry’s investment…
Pennsylvania currently is one of the most expensive states for oil and gas operations due to high income tax rates and impact fees. A severance tax could have a stifling effect on the economic expansion that the oil and gas industry has brought to Pennsylvania. From 2005 to 2012, 90…
The Marcellus Shale Coalition released this easy to understand infographic that shows a comprehensive breakdown of what PA voters want. If the severance tax were to mean a decrease in local job opportunity or negative effects for the oil and gas industry voter support for the severance starts to waiver. Most…
The proposed severance tax on extracted natural gas in Pennsylvania is a hot issue right now in Harrisburg. The real question remains as to, what do the Pennsylvania voters want? A recent poll numbers saw a 55 percent of voters who appear to be in favor of a severance tax….