March 16, 2012

A Levy on an Underground Bonanza

Penelope Lemov, Governing Magazine


AP

New revenue streams are seemingly few and far between. That's one reason so many states have been considering online gambling -- and now, fracking. Hydraulic fracturing -- one of Governing's issues to watch for 2012 -- is being touted as a revenue bonanza for the 35 states that have shale gas potential. A survey by the nonprofit, nonpartisan Resources for the Future (RFF), which conducts independent research on energy and natural resources. . .

Read Full Article ››

TAGGED: fracking tax, natural gas, shale gas production, Fracking, Governing Magazine

RECOMMENDED ARTICLES

March 12, 2012
NY Frack Battle: Risk vs. Reward
Steve Kastenbaum, CNN
The battle over hydraulic fracturing in the state of New York pits farmers against environmentalists, neighbor vs. neighbor, as gas companies wait to find out if they'll be able to unlock the natural gas trapped in the... more ››
The history behind the shale gas boom remained relatively unknown until late 2011, when researchers at the Breakthrough Institute conducted an extensive investigation revealing the role that federal agencies like the... more ››
March 12, 2012
Shale Ensures U.S. Economy Will Recover
Sherry Copper, Financial Post
Ironically, while many are focussing on the negative impact of high gasoline prices on the U.S. economy, oil production in the U.S. is surging, providing the largest stimulus to growth and job creation since the recession... more ››
March 8, 2012
Capitalizing on the Energy Revolution
Laird Cagan, Market Oracle
The Energy Report: Laird, you and your partner are active investors. You are company founders, you sit on the boards and you actually run the businesses in some cases. What kind of advantage does that give you?Laird Cagan: We are... more ››
March 8, 2012
NatGas Boom Finally Interests Detroit
Stephanie Ginter, Energy & Capital
As gasoline prices continue to climb, automotive manufacturers GM and Chrysler are transitioning to natural gas-fueled heavy duty pickups.Among the top U.S. compressed natural gas (CNG) companies, Clean Energy Fuels (NYSE:... more ››