The West Virginia Department of Revenue (DOR) has decided not to assign assessed value to oil and natural gas wellpad sites in the state, heeding the advice of a special committee of county assessors that doing so would pose a hardship to farmers who own surface, but not mineral, rights to their land.
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Pennsylvania Governor Unveils Well Impact Fee
Pennsylvania Gov. Tom Corbett is heeding the advice of his Marcellus Shale Advisory Commission (MSAC) by proposing an impact fee, enhanced safety provisions and incentives to increase natural gas consumption.
Governor Proposes Impact Fee on Pennsylvania Wells
Pennsylvania Gov. Tom Corbett is heeding the advice of his Marcellus Shale Advisory Commission (MSAC) by proposing an impact fee, enhanced safety provisions and incentives to increase natural gas consumption.
Midweek Price Rally Runs Out of Steam
Heeding forecasts that the cold wave enveloping Canada and much of the U.S. was already about to start receding in some areas, traders followed up Wednesday’s across-the-board gains with generally moderate losses at nearly all points Thursday. The previous day’s 6.2-cent decline by expiring November futures and expectations of another stout storage build being reported also were negative influences on the cash market Thursday.