The latest on the Pennsylvania Senate’s consideration of a plan to close a $2.2 billion dollar budget gap has gas drillers denouncing legislation that would impose a severance tax on natural gas production, while environmental advocates assert the bill “emasculates” state regularos who oversee the industry. The Senate approved a plan to balance the $32 billion dollar state budget that includes the severance tax expected to generage about $100-million per year as well as a new tax on consumers natural gas bills. The Marcellus Shale Coalition industry group says the taxes will “erode the commonwealth’s copetittive advantage and cost jobs.

Source: Local News