☰ Menu
Ohio Utica Shale

Higher taxes on drillers could discourage development, API says

By Bob Downing Published: November 14, 2012

From the American Petroleum Institute:

API Senior Director of Federal Relations Khary Cauthen said on Tuesday that targeting the U.S. oil and natural gas industry for higher taxes could discourage new development, costing jobs, energy production, and eventually even revenue to the government. He said API was running print and broadcast advertising to help educate Americans on the issue:

“As the recent election campaigns demonstrate, Americans are paying attention to energy issues. Taxes on the industry are a key energy issue, and, as our Election Day polling showed, voters are skeptical about targeting the industry for higher taxes. Today, to encourage members of Congress who are part of that conversation with voters, we’re launching new television and print advertising inside the beltway and in selected states.

“Targeting our industry for tax hikes is based on a mistaken assumption: that we don’t pay our fair share of taxes and are heavily subsidized. In fact, we pay more in corporate taxes than any other sector. And we pay at higher effective tax rates. We deliver more total revenue to the government.

“The oil and natural gas industry is already an engine of revenue for our nation, and it’s ready to do its part under broader tax reform. Targeted additional taxes on oil and gas are the wrong approach for what’s needed to rebuild our economy and get our fiscal house in order. More energy development produces more jobs, revenue and energy. More taxes produce less of all three.”

Add This



See the most recent drilling report and an injection wells map From
Prev Next

Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.