It looks like our Governor may spare one of the highest revenue producing industries in the state from any new taxes in the upcoming annual budget. I guess if the industry is exempt from environmental regulations why not exempt them from taxes as well?
It’s not like they’re doing anything but good – creating jobs, saving us from evil foreign energy and paying landowners for mineral rights. What’s not to like? But now that liberal rag, The New York Times has a series of namby pamby articles about gas drilling that makes the process sound worse than originally thought. A bunch of wussy tree-huggers are panic stricken over a little extra radiation in their drinking water. Sure the Marcellus shale has a higher than normal level of radioactivity, but nothing to worry about. And anyone with an 8th grade education knows that fossil fuels are much more valuable than water – we simply can’t afford NOT to drill.
I wonder what gas futures will look like 15 years down THE ROAD?
