As head of Governor Tom Corbett’s Marcellus Shale Advisory Committee, Lt. Governor Jim Cawley visited the brand new U.S. headquarter of Talisman Energy in Warrendale, which he says illustrate how the Marcellus Shale industry benefits the state’s economy even in areas where drilling is not taking place.
Lt. Governor Cawley says 60% of the state’s population is in the one-third of the state that is not on top of the Marcellus shale, and they often don’t see the benefits but hear the industry is poisoning the water and not paying its fair share of taxes. Yet he says the Dept. of Revenue has found natural gas activity since 2006 responsible for $1 billion in tax revenues into the general fund
Cawley says even without a severance tax, Pennsylvania taxes are high compared to other states, so it would be possible to drive companies away.
On July 22nd, the Governor’s Marcellus Shale Advisory Committee will present its final recommendations on how best to maximize benefits without compromising public health or the environment.