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A well-structured severance tax on natural gas production will provide Pennsylvania with a stable source of revenue for critical services, including education and health care, as well as for the environmental and local costs that come with increased drill

The House Environmental Resources and Energy Committee today voted 17-9 to report out House Bill 1489 (George-D-Clearfield) which includes yet another version of a severance tax on natural gas production and includes a tax credit to help drilling companie

During the Marcellus Shale debate, one of the Republican talking points we heard was that if PA's severance tax was too high, or if our environmental regulations were too strict, natural gas drillers would move across the border to Ohio. The theory was that high taxes and high regulatory costs would lead to less drilling, by driving up the cost of production. This was always a silly argument, since less drilling would mean higher prices for gas, and leading to more sustained interest in drilling.