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Severance Taxes Too Volatile

By Macy Scheck Between November 5, 2019 and January 21, 2020, natural gas prices dropped 33.6%.  This dramatic price decline occurred even before March, when the coronavirus began to have a large impact on U.S. economic activity.  This price volatility causes fluctuations in the revenue the state receives from its taxes on natural gas sales, […]

Posted in: Taxation on August 11, 2020 Tagged: , ,