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.