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Oil and gas tax dollars should stay in our area

January 25, 2014
The Marietta Times

Since taking office, Gov. John Kasich has promised to raise Ohio's severance tax on oil and gas producers to provide income tax relief to all Ohioans. Throughout this debate I have always insisted that our part of Ohio receive its fair share of any new tax revenue on oil and gas production. Unfortunately, pending legislation in the Ohio House, House Bill 375, that proposes a new severance tax on oil and natural gas production through the use of horizontal drilling doesn't do that. Horizontal wells are being drilled throughout eastern and southeastern Ohio, mostly in what is known as the Point Pleasant, Utica, or Marcellus shale formations.

 
 

 

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