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Pennsylvania

Curmudgeoness

(18,219 posts)

1. Since the way the taxes were structured

Reply to JPZenger (Original post)

Thu Nov 7, 2013, 06:50 PM

Nov 2013

was so screwed up, I think that the drillers are making a great effort to get as much as they can before someone comes along and changes the rules. Right now, drilling less wells is a benefit to them, so they are getting all that they can from those wells. If PA makes changes to an extraction tax, the largest amount of gas that can be extracted from those wells will be done already. I think that they are just getting while the getting is good.

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Volume of natural gas production increasing faster than expected, even with fewer new wells [View all] JPZenger Nov 2013 OP

Since the way the taxes were structured Curmudgeoness Nov 2013 #1

Absolutely tech3149 Nov 2013 #2

Industry was surprised by rapid drop in gas prices JPZenger Nov 2013 #3

How could they not realize Curmudgeoness Nov 2013 #4

Not unexpected. happyslug Dec 2013 #5