Pa. residents pay the taxes, should share the profit

A swath cuts through Loyalsock State Forest for a natural gas pipeline

As I begin to write this offering, we await Gov. Tom Corbett’s second State of the State address, scheduled for Tuesday, Feb. 7 at 11:30 a.m. There is some expectation he will remove a moratorium on releasing additional state forest land for Marcellus shale natural gas exploration. Currently, about 700,000 of the state’s more than two million publicly owned acres has been leased to Marcellus shale developers.

Meanwhile, the state House of Representatives has received a Senate report on House Bill 1950 – a bill that has been batted back and forth, in one form or another, for two years and which may, eventually, begin to levy a tax on the billions of dollars in profits gas and oil companies plan to extract from beneath our feet.

Several years ago, my mother owned 50 acres of woodland in Maine. One day, while I was on leave from the Navy, she came home to report seeing a van parked on the road that ran around the property. Would I go check on it, she asked. Continue reading …