Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

Drilling tax proposal sparks blowback

The U.S. oil and gas industry is mounting an aggressive campaign to beat back a Pennsylvania proposal to impose a new tax on natural gas production in the state.

To gas drillers, the plan by Gov. Tom Wolf (D) threatens to stop in its tracks the economic and employment gains of the last seven years, when the Keystone State added jobs amid a national recession.

The boom was largely due to hydraulic fracturing and other unconventional drilling techniques that propelled the state to becoming the No. 2 producer in volume, behind only Texas. Pennsylvania now produces more than an eighth of the country’s gas.

“There’s a broad consensus that, during the period of time in the U.S. economy when both economic growth and employment growth were stressed, the natural gas industry was one of the bright spots in both job growth and economic growth,” said Frank Macchiarola, the top lobbyist for America’s Natural Gas Alliance, one of the national groups involved in the Pennsylvania fight.

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