tom wolf

PA Governor Wolf’s Severance Tax Proposal Adds a Production Levy to the Mix

By On February 15, 2015 9:54 pm

By: Rick Stouffer, Senior Energy Editor, Shale Energy Business Briefing

Newly seated Pennsylvania Governor, Tom Wolf, debuted his long-discussed severance tax proposal last week, and the responses, positive and negative, depended on what side of the levy you’re on.

Industry leaders decried the proposal, which Wolf modeled after West Virginia’s tax, including a 5% severance tax based on the value of the natural gas coming from the wellhead, plus a previously undisclosed additional 4.7 cents per thousand cubic feet of gas taken from the ground.

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