If 35% Flat Tax Is Repealed, Higher Production Taxes Could Again Slow Oil and Gas Development On August 19, Alaskan citizens will vote on a ballot that determines the taxing fate of the oil and gas production companies working in the state. The vote will happen at the same time as the primary elections. Last year, the Alaskan Senate passed
In the first of two announcements this week, PennEast Pipeline LLC and UGI Energy Services (ticker: UGI) announced plans to build a 100 mile, $1 billion 30-inch gas pipeline from Pennsylvania and New Jersey to take Marcellus gas production to market. The PennEast pipeline is designed to take 1 Bcf of natural gas per day, which can supply gas to
Fred Upton, Chairman of the House Energy & Commerce Committee, referenced this week’s Fox News special report entitled “No Fracking, No Boom” in his blog update today. The blog compared the jobs-driven economic uplift in Pennsylvania to New York’s southern counties’ six year employment decline in the absence of shale development in his blog post today. The Chairman’s state of
