Severance

Republican leaders from the Ohio House of Representatives and Senate on Tuesday announced the formation of a joint legislative task force that would work toward a compromise to increase the state’s severance tax on unconventional oil and natural gas production.

With no clear compromise in sight ahead of a full vote that's expected next week in the Ohio Senate, time is running out to include Gov. John Kasich's proposed 6.5% severance tax on unconventional oil and gas production in the state budget.

With no clear compromise in sight ahead of a full vote that’s expected next week in the Ohio Senate, time is running out to include Gov. John Kasich’s proposed 6.5% severance tax on unconventional oil and gas production in the state budget.

Members of two key Pennsylvania Senate committees seemed to waver in their support for a severance tax on oil and natural gas production during a joint hearing about the proposal on Monday, with many lauding the industry for its accomplishments in the state.

Members of two key Pennsylvania Senate committees seemed to waver in their support for a severance tax on oil and natural gas production during a joint hearing about the proposal on Monday, with many lauding the industry for its accomplishments in the state.

There has been little debate in the Pennsylvania General Assembly about Democratic Gov. Tom Wolf's proposal for a 5% severance tax on natural gas production as lawmakers work to pass a budget by July 1, according to a top trade group with a heavy lobbying presence at the state capitol.

There has been little debate in the Pennsylvania General Assembly about Democratic Gov. Tom Wolf’s proposal for a 5% severance tax on natural gas production as lawmakers work to pass a budget by July 1, according to a top trade group with a heavy lobbying presence at the state capitol.

Ohio’s Republican Gov. John Kasich continued his push for a 6.5% severance tax on oil and natural gas produced by the state’s shale drillers, calling current rates “unconscionable” and outdated during his State of the State Address on Tuesday.

Within days of one another, state lawmakers on both sides of the aisle emerged with another round of legislative proposals to raise more fees against Pennsylvania’s shale gas drillers.