This page was last updated on May 7, 2010.
Drill bits; Editorial; Beaver County Times; May 6, 2010.
For reference, Texas taxes natural gas production at 7.5% of market value plus a regulatory fee of $0.000667 per thousand cubic feet, with variances for natural gas that’s expensive to produce. I’m not an expert, but a lower tax rate than Texas and some other states may be appropriate due to the higher costs of producing from formations like the Marcellus shale.
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