Pennsylvania Gov. Tom Wolf announced Tuesday that the state’s Department of Environmental Protection (DEP) will revise its permitting guidelines for the oil and gas industry as part of a four-part plan to reduce methane emissions.
Articles from Wolf
Pennsylvania Gov. Tom Wolf exercised his line item veto on Tuesday, refusing to accept a $30.3 billion Republican-crafted budget sent to him by the state Senate. Earlier this year, Wolf vetoed the entire Republican budget because he said it failed to plug the state’s deficit, setting off a six-month budget impasse that has left schools and human services agencies with little funding (see Shale Daily,July 1). Republicans have sparred with Wolf and Democrats during the gridlock, forcing Wolf to suspend his push for a severance tax on natural gas production in order to reach a compromise. Both sides said in November that they had reached a framework for a compromise budget (see Shale Daily,Nov. 13), but Republican House leaders rejected that deal during negotiations last week. Instead, the Senate passed a smaller budget crafted by the House earlier this month. A severance tax remains off the table, but Wolf said the latest budget doesn’t do enough to fund public education in the state. He vetoed parts of the latest budget, told lawmakers to get back to work and released $23.3 billion in emergency funding for schools and human services agencies.
A budget-related bill passed by the Pennsylvania Senate last week would force the state Department of Environmental Protection (DEP) to start over on a series of new regulations for the conventional oil and gas industry, and could jeopardize the agency’s more than four-year effort to implement new rules for shale drillers.
After nearly a year under the direction of a new administration, the Pennsylvania Department of Environmental Protection’s (DEP) job hasn’t gotten any easier.
Pennsylvania Gov. Tom Wolf has confirmed that a deal to end a more than four month state budget impasse doesn’t include a severance tax on unconventional natural gas production, but he added that he won’t give up on that proposal in future negotiations.
It appears a resolution to Pennsylvania’s months-long budget impasse is in sight, and so far it doesn’t include a new severance tax on the state’s natural gas industry.
As Pennsylvania’s budget impasse approaches its fifth month, some of the state’s leading oil and gas executives have stepped up their fight against enacting a severance tax on unconventional natural gas production in a signal the issue still remains in play as negotiations drag on.
The Pennsylvania House on Wednesday struck down by a wide margin Democratic Gov. Tom Wolf’s proposal to enact a 3.5% severance tax on unconventional natural gas production, a move that could effectively end the proposal.
Republican Speaker of the Pennsylvania House of Representatives Mike Turzai, in response to what his office called a “punitive” natural gas severance tax proposal by Democratic Gov. Tom Wolf, plans to introduce a bill that would offer tax breaks for gas consumption throughout the state.
With a deadline fast approaching to pass a state budget, lawmakers in the Pennsylvania General Assembly have reached an impasse, with Republicans advancing their own spending plan that does not include a severance tax on oil and natural gas production, and Democratic Gov. Tom Wolf threatening to veto it.