In an announcement on June 15th, Williams Companies Inc. announced that it is acquiring Access Midstream Partners L.P. for an estimated $6 billion in cash. Already an industry leader in pipeline and processing – owning 15,000 miles of interstate gas pipelines, 1,000 … Read More
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Video Tuesday: Generations of Energy takes a look at local jobs
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 … Read More
What a severance tax means for PA Jobs, Education, and Royalties
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 … Read More
What do PA voters want?
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 … Read More
A State-by-State comparison of the Severance Tax
Each state creates their own tax structure and budget based on their unique demographics and economies. Yes, Pennsylvania is the largest natural gas producing state without a severance tax, BUT Pennsylvania is also the only … Read More
PA residents weigh in: New jobs vs. Taxes
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 … Read More
Video Tuesday: Where does PA Impact Fee money go?
As a follow up to yesterday’s post about the proposed severance tax for Pennsylvania, this video Tuesday offers a look at what the current Impact Fee revenues have done for Pennsylvania communities. This Power to Save video highlights two projects … Read More
A look at what a Severance Tax could mean for PA
This past year the Impact Fees, which were enacted starting in 2012, generated $225 million in revenue to be used in counties impacted by the oil and gas industry as well as state-wide environmental improvement. A much-discussed alternative is a … Read More
UPS Converts to Natural Gas
In an effort to lower costs, create jobs, and lessen their carbon footprint UPS has decided to convert over 80 of its delivery vehicles in Wyoming Valley Pennsylvania to natural gas power. This comes after a corporate decision to convert … Read More
Impact Fees Reach $225 million in 2013
The 2013 Impact fees from the natural gas industry increased by 11 percent from 2012. This means that because of Act 13 and its fees on the natural gas industry there are now $225 million more dollars to be allocated to … Read More