Oil and natural gas development can be an important source of local jobs, but often comes with tradeoffs such as impacts to the environment and economic volatility. Balancing these impacts is critical for states and communities that want to benefit from energy extraction.
— Compare the effectiveness of states’ oil and natural gas tax policies to see which states ensure that tax revenue is available in the right amount, time, and location to manage drilling-related increases in the local demand for services. See which states invest in long-term infrastructure and economic diversification.
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— Analysis shows that proposed federal royalty reforms will increase the cost of delivering natural gas to domestic power plants by a greater amount than coal.
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— This report includes seven major energy-producing states and a new interactive adds four more (AR, LA, and PA). The study and interactive compare how local governments receive production tax revenue from unconventional oil and natural gas.
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— Lower oil prices could be great for the economy, but for the communities dependent on drilling, the price drop may prove challenging for several reasons.
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