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New Severance Tax Would Stifle Job Growth And Economic Benefits Of Pennsylvania's Energy Development

2015-05-08 07:44:57| oilandgasonline Home Page

Taxing a highly productive industry that supports thousands of jobs and generates billions in economic output and millions in tax revenues has negative economic consequences for the Commonwealth of Pennsylvania, according to a Natural Resource Economics, Inc.,studyreleased today by the Associated Petroleum Industries of Pennsylvania (API-PA).

Tags: development job energy tax

Colorado lawmakers' decision to move $20 million severance tax dollars concerns Weld governments

2015-04-26 17:42:44| Oil & Gas - Topix.net

The tail lights of cars and trucks are all that remain visible as they drive past an oil and gas operation outside of Windsor earlier this year. The Colorado Legislature's recent decision to move $20 million in severance tax dollars to the state's general fund in the wake of mandatory tax refunds for residents has drawn concern and displeasure from Weld County municipalities such as Windsor that would have otherwise received the funds.

Tags: million move tax decision

Former Chiquita CEO gets $16.2M in severance

2015-03-23 21:56:34| Food - Topix.net

Ed Lonergan arrived in Charlotte in October 2012 after a struggling Chiquita dismissed Fernando Aguirre, which had moved the company to Charlotte. Former Chiquita Brands International Inc. CEO Ed Lonergan got $16.2 million when the Charlotte banana company was sold in January.

Tags: in ceo severance chiquita