Taxes & Economy
Obstructionist PennFuture Rants Again
Yesterday PennFuture demonstrated in Pittsburgh in support of a moratorium on any new drilling on Pennsylvania’s Marcellus Shale natural gas formation, in an effort to “save the…
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Grading Wagner’s Infrastructure Agenda: Revise and Resubmit
PA Gubernatorial Candidate Jack Wagner put out an a proposal for infrastructure today. Not much in the way of specifics or substance contained within, or even much to write…
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Budget Facts 2010: Natural Gas Severance Tax
Gov. Rendell has proposed a tax of 5% on the value of extracted natural gas, plus $.047 per thousand cubic feet of extracted gas. There is an exemption for marginal…
Fact Sheet
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Rendell’s Higher Taxes Equals Fewer Jobs
Pennsylvania's latest budget shortfall is the result of a pattern in which state legislators abandon fiscal prudence in "good years" and face spending cuts or tax hikes in down times.
Commentary
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Which Sectors are Adding Jobs in Pennsylvania?
As reported earlier, Pennsylvania lost an estimated 16,000 jobs in February. Over the past year, the total jobs lost in the state adds to up about 141,000 (272,000 over…
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Natural Gas Severance Tax: Still A Bad Idea
In the coming months, debate on a proposed natural gas severance tax will heat up as legislators attempt to pass a balanced budget before June 30. Last year, lawmakers and…
Commentary
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Environmental Protection Need Not Cause Economic Stagnation
As more natural gas wells are drilled, environmental groups, and now lawmakers, are decrying the technology as unsafe or responsible for contamination. Even the EPA announced it is conducting…
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Gas Bags Scare Off Gas Investor
In an interview with CNBC, Larry Nichols, CEO of the highly-successful Devon Energy, claimed his company will not be seeking a share of the Marcellus Shale gas reserves anytime…
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Sam Rohrer’s Energy Proposal
Gubernatorial candidate Sam Rohrer laid out his Energy Independence plan for Pennsylvania. The plan includes: Oppose any effort to impose a natural gas severance tax in the absence of…
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