As promised, Pennsylvania Gov. Tom Corbett did not include a severance tax on Marcellus Shale production in his first budget.
Relieved
Articles from Relieved
Futures Fall Despite Arrival of Winter
Despite the coldest weather of the season, the futures markettumbled lower yesterday as traders relieved technical overboughtconditions by unloading new long positions. Cash prices, whichslipped for only the second time in eight trading sessions, werealso seen as a negative factor. After opening near the bottom ofMonday’s wide trading range, bears wasted little time takingJanuary down 10.7 cents to settle at $2.522.
December 22, 1999
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