Wednesday, September 16, 2026

World is Watching Pennsylvania’s Decision on NatGas Severance Tax

From the Standard Speaker WILKES-BARRE — With Pennsylvania sitting on the third largest pocket of Marcellus Shale natural gas in the world, the state is poised to become an energy exporting giant and should have a severance tax in place when the boom begins, state officials argued Monday during a public hearing. “The eyes of the world are watching,” said

Oil Prices Top Concern of Russian FX Pros: Bloomberg Poll

Foreign exchange traders face challenges in managing currency exposures The biggest issue facing the Russian ruble in 2017 is the price of oil, according to a Bloomberg survey of foreign exchange (FX) executives released today. Of those polled, the majority or 51 percent, say oil prices will have the biggest effect on the currency, while only 22 percent worry about Russian