How many states have a severance tax on natural gas?
To date, at least 36 states impose various types of severance taxes on natural gas development, while 31 states specifically [...]
How do I invest in this?
There is a host of public and private companies along the natural gas supply chain that are actively developing the [...]
What about job opportunities?
With over 250,000 Pennsylvanians working in Marcellus Shale and related industries, and the vast majority of all new hires coming [...]
How many new jobs will be developed?
Job creation is a byproduct of natural gas production that is synonymous with Marcellus Shale. Study after study, fact after [...]
How much tax will the gas companies pay to the state of Pennsylvania? How does this amount compare with taxes paid to other States in the U.S.?
The oil and natural gas industry is taxed like every other company doing business in the Commonwealth of Pennsylvania. In [...]
Does the Commonwealth receive 20% from each well?
The Commonwealth of Pennsylvania, through Act 13, receives an impact fee on each Marcellus shale well which is then distributed [...]
Given that the Governor promised “no new taxes” and most of the Marcellus Shale jobs are filled by out-of-staters, how significant is the economic benefit for Pennsylvania?
A few points here. First, the natural gas industry in Pennsylvania is taxed just like any other industry doing business [...]
What workforce training is underway and can it be compared to the Kvaerner shipyard project?
In terms of numbers, the natural gas industry is creating more jobs than what was ever witnessed at the Kvearner [...]
What are the entrepreneurial opportunities, clusters, incubators, etc.?
We would encourage you to contact the Pa. Small Business Development Center and Ben Franklin Technology Partners, who has a [...]
What, if any, are the advantages to the Pennsylvania residents as far as decreased rates over and above other states because of the impact of the gas industry?
Southeastern Pennsylvania’s largest natural gas utilities–PECO, NFG, PGW, Columbia, Equitable, UGI, UGI Penn, and Peoples– averaged a 41% cut in [...]
