Budget

NatGas Severance Tax Stalls As Pennsylvania Budget Impasse Drags On

While another week was winding down at the Pennsylvania Capitol on Friday, lawmakers had already left town, out of ideas and no closer to funding the state’s $32 billion budget as the impasse entered its fourth month.

October 6, 2017

Industry Will Do ‘Whatever is Necessary’ to Stop Pennsylvania NatGas Tax

Another budget season in Pennsylvania again has the natural gas industry playing defense, as production and consumption taxes are being considered by the House amidst a 39-day impasse that could find the state without money to pay its bills by the end of the month.

August 8, 2017

Pennsylvania Senate Passes NatGas Tax; Industry on Defense

Pennsylvania’s GOP-controlled Senate on Thursday put the natural gas industry on the defensive as it passed a revenue package to fund the state budget that includes a volumetric fee on production designed to generate an estimated $100 million annually.

July 27, 2017

Pennsylvania Budget Negotiations Drag On, Calls Renewed for NatGas Tax

Some lawmakers returned from recess to the Pennsylvania Capitol on Monday as the state remains without a revenue package to balance a nearly $32 billion budget that Democratic Gov. Tom Wolf let pass into law last week without his signature for the third year in a row.

July 18, 2017

House Calls For Smaller Budget Cuts With Passage of $37.6B Energy, Water Bill

The Republican-controlled House continued its break with President Trump on budget matters, after lawmakers on the Appropriations Committee agreed to a $37.6 billion spending bill that calls for smaller budget cuts to the Department of Energy (DOE) and the Army Corps of Engineers.

July 17, 2017

House Wants Steep EPA, Interior Cuts, But Still More Generous Than Trump

Under a $31.4 billion spending bill unveiled Wednesday by the House Appropriations Committee, the budgets of the U.S. Environmental Protection Agency (EPA) and the Department of Interior (DOI) would get a haircut in fiscal year (FY) 2018, rather than a buzzcut, as proposed by President Trump.

July 12, 2017

Zinke Defends Trump Budget, Warns of ‘Gap in Trust’ With Oil, Gas Industry

Department of Interior (DOI) Secretary Ryan Zinke defended the Trump administration’s proposed $11.7 billion budget for fiscal year (FY) 2018, and told two Senate panels that the department was “moving prudently” to fill positions in field offices while limiting hires in Washington, DC.

June 21, 2017

NatGas, Coal Are Silver Lining As West Virginia Wades Through Budget Impasse

In the midst of a historic budget impasse, West Virginia’s severance tax collections have again provided a glimmer of light, as higher natural gas prices and more coal sales in May helped push state revenue 20% above projections to $350.4 million.

June 7, 2017

Some Energy Producing State Officials, Industry Alarmed by Trump’s Proposed Budget

One day after President Trump sent a $4.1 trillion budget proposal to Congress, opposition to all or parts of the budget plan was beginning to form among elected officials both in Washington, DC, and in several energy producing states.

May 24, 2017

Opposition to Trump’s Proposed Budget Grows, Revenue Cuts to

One day after President Trump sent a $4.1 trillion budget proposal to Congress, opposition to all or parts of the budget plan was beginning to form among elected officials both in Washington and in several energy producing states.

May 24, 2017