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Kasich defends tax increase on oil and gas drillers

2015-02-25 03:59:32| Oil & Gas - Topix.net

Ohio's governor is making his case for a proposed tax increase on the oil and gas industry, saying it won't deter production in the state. Gov. John Kasich has called for a fixed rate on crude oil and natural gas of 6.5 percent at the wellhead, and a lower rate of 4.5 percent for natural gas and natural gas liquids sold downstream.

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