Energy Tomorrow Blog
Posted June 28, 2019
Here's some quantification for the broad, public good the natural gas industry is doing in Pennsylvania – nearly $252 million distributed to counties and municipalities in state impact fees paid by natural gas operators, the highest total since the fee was implemented in 2012.
Behind the numbers: county and municipal governments that host shale wells will receive $135 million, the Marcellus Legacy Fund – for statewide initiatives including greenways, trails and recreation, watershed restoration, flood control, abandoned mine drainage abatement and abandoned well plugging – will receive $90 million and $18 million will go to state agencies.
Posted February 5, 2019
Back in 2015, Pennsylvania Gov. Tom Wolf’s first year in office, we first likened his bid to hike taxes on natural gas production to killing the goose that lays golden eggs. That’s because over the years natural gas production has significantly benefited Pennsylvania – the nation’s No. 2 natural gas producer – in jobs, economic lift and impact fees paid by industry that have helped support public infrastructure, storm and water systems, public safety, housing and more, all over the commonwealth.
Negatively impacting a key Pennsylvania industry doesn’t make sense. Yet, in this new year, Wolf is back with a new tax scheme that could hamper natural gas production and its benefits – a proposal to borrow money to invest in infrastructure that would be paid back through a new natural gas production tax. Again, a tax on top of the impact fees industry already pays.
Posted June 28, 2018
When talking about the nuts-and-bolts of policy, it’s easy to lose sight of the real-world impacts of various regulatory choices. In Pennsylvania, where Gov. Tom Wolf continues to press for higher taxes on the commonwealth’s natural gas producers, the benefits of existing impact taxes on producers shouldn’t be overlooked.
Posted August 9, 2017
Total up industry’s economic contributions to Pennsylvania – helping to support its schools, first-responders, local infrastructure and jobs, lots of them – and it’s a pretty fair amount. But not fair enough for some. Last month a narrow majority in Pennsylvania’s state Senate voted for a $600 million tax increase that would hit natural gas producers and natural gas and electric users while also hiking taxes on communications services – all of which could significantly impact Pennsylvania consumers.
Posted July 28, 2017
The latest severance tax proposal in Pennsylvania, targeting natural gas production as well as consumer items and services, is a story of lawmakers risking harm to ongoing energy activity and economic growth – already providing significant benefits to people all across the commonwealth – instead of working to expand opportunity through pro-growth policies. Unfortunately, the tale being written by the state Senate could be about less natural gas production (and potentially less revenue to the commonwealth), less economic growth and fewer benefits to Pennsylvanians.
Posted September 30, 2016
Posted September 19, 2016
Sitting atop the prolific Marcellus and Utica shale plays, Pennsylvania is a natural gas production powerhouse – thanks to modern hydraulic fracturing and horizontal drilling. The U.S. Energy Information Administration (EIA) reports that the two plays provided 85 percent of U.S. shale gas production growth since the start of 2012, reflecting the blossoming production from shale and other tight-rock formations through safe fracking.
Stephanie Catarino Wissman
Posted July 28, 2016
In Pennsylvania, the energy revolution has been very, very good to the commonwealth. Marketed natural gas production, which exceeded 4.5 trillion cubic feet in 2015, more than double output from just three years earlier:
Over the past half-decade, fees paid by industry to the commonwealth have totaled more than a billion dollars. Much of the money stays at the local level and is distributed to the counties and municipalities with the most shale wells. The top beneficiaries for 2015 included Washington County ($5.68 million), Susquehanna County ($5.25 million) and Bradford County ($4.92 million). Even in a down year for the industry, revenue to the commonwealth totaled $187.7 million.
Posted July 22, 2016
Democrats will gather at Wells Fargo Arena in South Philly – nearly 4,500 delegates led by contingents from California (476), New York (277), Florida (238) and Texas (237). As was the case in Cleveland, energy will keep the show running.
Delegates will be glad for modern transportation that gets them to and from the arena, on excursions to the Betsy Ross house, the Franklin Institute and the Philadelphia Museum of Art’s famous steps – decorated for the convention with one of the 57 painted fiberglass donkeys scattered around town, representing the 50 states, five U.S. territories (Guam pictured), the District of Columbia and Democrats Abroad.
They’ll also benefit from generated electricity for lighting, sound systems, Jumbotrons and modern telecommunications – a collection of new fangledness no Democrat could possibly have imagined when the party staged its first convention at The Athenaeum in Baltimore in 1832 to nominate President Andrew Jackson for a second term.
Posted September 4, 2015
As we can see with Pennsylvania, the energy impacts of the states individually combine to form energy’s national economic and jobs picture: 9.8 million jobs supported and $1.2 trillion in value added.