Pennsylvania

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New year, new severance tax proposals

A bipartisan group of lawmakers say they’ve got the right formula for getting a natural gas tax through the legislature. It would include a 3.2 percent tax on gas production, while keeping the current impact fee.  The group led by Bucks county Republican Representative Gene DiGirolamo, say keeping the impact fee, which helps boost the budgets [...]

StateImpact Pennsylvania’s most popular web stories of 2014

Web traffic can be unpredictable. Sometimes a great story doesn’t get a lot of clicks. Other times, breaking news or a popular search term suddenly attracts tons of traffic. As we look back on 2014, it’s clear we got a lot of clicks, comments, and reactions from you– our online readers. We’ve crunched the numbers, and [...]

PA lawmaker floats new severance tax proposal as industry pushes back

State senator Jim Brewster plans to introduce a bill that would enact a 5 percent tax on Marcellus Shale gas production, and dedicate all of that revenue toward education. The western Pennsylvania lawmaker, from McKeesport, says the tax would generate between $700 million to $1 billion for public schools. “My ‘Extraction for Education’ proposal is [...]

Wolf’s gas tax estimate might be too high

The Associated Press reports Governor-elect Tom Wolf may have been hundreds of millions of dollar off in his estimate of how much money a gas severance tax could generate for Pennsylvania. On the campaign trail, Wolf repeatedly said his proposed five percent tax on gas production could bring in $1 billion.

What Wolf’s win means for energy and the environment

Now we know. Democrat Tom Wolf will indeed be taking the reins from Gov. Corbett in just over two months. For the first time since 1954, an incumbent Pennsylvania governor did not either win re-election or cede power to someone from their own party.  That’s an historic loss for Pennsylvania’s GOP, which has been supportive [...]

Governor Tom Corbett says the impact fee is still the best deal for Pennsylvanians

Governor Tom Corbett speaks about taxing the Marcellus Shale in an interview at WHYY in Philadelphia

StateImpact Pennsylvania’s Susan Phillips sat down with both candidates for governor and pressed them on energy issues. The candidates visited WHYY in Philadelphia, where several reporters interviewed them for about ten minutes each. Wolf has proposed taxing the Marcellus Shale gas differently than Governor Corbett. Wolf wants to charge a 5 percent tax on the [...]

Democrat Tom Wolf talks extraction tax and protecting the environment

Democrat Tom Wolf talks to reporters at the WHYY studio in Philadelphia.

StateImpact Pennsylvania’s Susan Phillips sat down with both candidates for governor and pressed them on energy issues. The candidates visited WHYY in Philadelphia, where several reporters interviewed them for about ten minutes each. Wolf has proposed taxing the Marcellus Shale gas differently than Governor Corbett. Wolf wants to charge a 5 percent tax on the [...]

While pushing gas tax, Wolf vague on how much money would stay local

At a campaign stop in Harrisburg Friday, Democratic gubernatorial candidate Tom Wolf repeated his pledge to enact a new tax on Pennsylvania’s natural gas production. “I want to put a five percent severance tax on that gas,” he told a crowd of supporters. “And do it responsibly, from an environmental point of view.” Gas companies [...]

Fracking in Texas helps the state’s public school fund top Harvard’s endowment

A fund that collects rents and royalties from oil and natural gas development to Texas public schools recently became the largest education endowment in the country. The publicly run endowment, called the Permanent School Fund, is worth $37.7 billion dollars. That’s $1.3 billion more than Harvard University’s $36.4 billion endowment. Jim Suydam, a spokesperson for [...]

Corbett says taxing natural gas may be a future option

Governor Tom Corbett says he’s thinks taxing natural gas could be an option. Just three weeks before the election, the governor is battling for his political future. In an exclusive interview with StateImpact Pennsylvania, Corbett said he thinks rather than the extraction tax advocated by his Democratic opponent Tom Wolf, it may be better to tax [...]

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