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If his opponent's call for an extraction tax on natural gas in Pennsylvania is putting any pressure on Republican Gov. Tom Corbett, he wasn't showing it Wednesday. Appearing at Lehigh Country Club for a taping of the locally aired "Business Matters" TV talk show, Corbett said he continues to oppose placing a severance tax on natural gas drillers because it will keep the state competitive with other natural gas-producing states such as Texas. "You want to grow this industry; this is a very small industry still, although it has grown quite a bit," Corbett said. "The valuable asset besides natural gas is something to get to the natural gas. That is the drill rig and they are very, very limited." If Pennsylvania's drilling environment becomes less favorable, some of those rigs may leave, slowing growth in the natural gas and related industries, he said. Click here to read the article.
If his opponent's call for an extraction tax on natural gas in Pennsylvania is putting any pressure on Republican Gov. Tom Corbett, he wasn't showing it Wednesday.
Appearing at Lehigh Country Club for a taping of the locally aired "Business Matters" TV talk show, Corbett said he continues to oppose placing a severance tax on natural gas drillers because it will keep the state competitive with other natural gas-producing states such as Texas.
"You want to grow this industry; this is a very small industry still, although it has grown quite a bit," Corbett said. "The valuable asset besides natural gas is something to get to the natural gas. That is the drill rig and they are very, very limited."
If Pennsylvania's drilling environment becomes less favorable, some of those rigs may leave, slowing growth in the natural gas and related industries, he said. Click here to read the article.