Testimony: Time to End the Excuses and Enact a Severance Tax on Natural Gas

Michael Wood |

Michael Wood presents for a joint hearing of the Senate Environmental Resources and Energy Committee and Senate Finance Committee. Wood testifies for the need to enact a severance tax on natural gas drilling. A severance tax on natural gas, explains Wood, is precisely the type of recurring revenue needed to diversify the state‰’s revenue base and help it grow in tandem with state expenditures for critical services like schools, health care, and environmental protection.