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Potential Permanent Fracking Ban May Have Big Impact in PA

Hydraulic fracturing – or “fracking,” as it has come to be known – is a hot topic these days. The fracking process, which involves

Impact Fee vs. Severance Tax

Natural gas producers for unconventional wells do pay something; it’s in the form of an impact fee. Impact fees arose from PA Act 13 of 2012. In

West Virginia Strikes Gold with Shale Gas Development

In the midst of President Trump’s three-day mission to China to forge energy deals between the two nations, at least one was finalized. On November

Shale Gas Generates Some Real Savings For Industrial and Commercial Consumers

A study from the University of Pennsylvania’s Kleinman Center for Energy Policy titled “Pennsylvania’s Gas Decade: Insights into Consumer

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Thompson's Cooperative Management Mineral Rights Act

On October 2, 2017, the U.S. House of Representatives passed a bill, the Cooperative Management of Mineral Rights Act of 2017, which was introduced by

Regional Economic Impact of the Shell Cracker Plant

In June 2016, Shell Oil Company, the U.S. subsidiary of the global oil and gas company Royal Dutch Shell, announced that it had selected a site in Beaver

Hedge Accounting Changes

Companies have indicated that the hedge accounting requirements in current guidance sometimes prevent companies from properly recognizing the economic

Severance Tax on the Horizon?

Currently, the Pennsylvania legislature is in the process of approving and finalizing the fiscal year 2017-2018 budget. The revenue portion of the state

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Some Property Rights Contracts May Get Relief from the Lease Standard

The Financial Accounting Standards Board (FASB) issued a proposed amendment to Accounting Standard Update 2016-02 Topic 842 – Leases (ASU 2016-02)

Hurricane Harvey: Rain Falls, Gas Prices Rise

When meteorologists merely project a hurricane’s path across an area that produces large quantities of oil and natural gas and has a large refining

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