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GasBuddy News Article

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Ohio group seeks tax increase on oil, gas billions

AP -- COLUMBUS, Ohio — As Gov. John Kasich prepares to deliver his State of the State speech in the heart of Ohio's shale drilling region, a liberal policy group is proposing that he and other policymakers bring the state's taxes on oil and gas profits in line with those of Texas.

Columbus-based Innovation Ohio said Thursday that its analysis of industry data is also leading it to seek passage of a Landowner Bill of Rights and a Hire Ohio plan to ensure residents get their fair share of proceeds and jobs from the coming shale boom.

Spokesman Dale Butland emphasized that the report is about economics, not environmental factors such as drilling using hydraulic fracturing, or fracking, or a series of earthquakes in the Youngstown area near a deep injection well for disposing of drilling waste


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Submitted Feb 03, 2012 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
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REPLIES (newest first)
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ExplorerWA
Champion Author Washington

Posts:2,247
Points:436,415
Joined:Feb 2011
Message Posted: Feb 3, 2012 8:59:10 PM

The mineral rights run with the land and the land owner. Unless sold or leased. They do not belong to the public.
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drpepperTX
Champion Author Texas

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Points:394,345
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Message Posted: Feb 3, 2012 7:54:34 PM

And the promise that natural resources belong to every body is completely wrong. Mineral belong to the landowner or the owner of the mineral rights if separated by prior agreement.
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The_DR
Champion Author New Jersey

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Message Posted: Feb 3, 2012 4:47:10 PM

Bad news
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md11capt
Champion Author Denver

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Message Posted: Feb 3, 2012 11:24:54 AM

"Ensure residents get their fair share of proceeds and jobs from the coming shale boom."

Fair share as in making the filthy rich pay a fair price rather getting something for nothing from the people.
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drpepperTX
Champion Author Texas

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Joined:Apr 2011
Message Posted: Feb 3, 2012 11:19:55 AM

I like this- "After all, these natural resources belong to us, not the oil companies. The companies are certainly entitled to a fair profit for extracting it, but regular Ohioans also deserve a fair share and a fair shake — and it's up to our elected officials to make sure we get it."

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"Fair share", uh huh, translation- we want something for doing absolutely nothing.
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albert2008
Champion Author Winnipeg

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Message Posted: Feb 3, 2012 9:46:58 AM

more greed
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crestliner95
Veteran Author Illinois

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Joined:May 2011
Message Posted: Feb 3, 2012 9:41:26 AM

More things we have to cope with.
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bigmoo63
All-Star Author Kalamazoo

Posts:884
Points:56,610
Joined:Nov 2009
Message Posted: Feb 3, 2012 9:07:03 AM

When in down, tax. Or disguise it somewhere else so it doesnt look like one. These politicians are like a pervert in a cat house with an unlimited credit card. No control at all.
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NukeAtComEd
Veteran Author Milwaukee

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Message Posted: Feb 3, 2012 9:00:47 AM

a state taxing a corporation only raises the price that the consumer pays - corporations do not pay taxes - the cost is passed onto the consumer!!
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Goatroper
Champion Author Dallas

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Message Posted: Feb 3, 2012 8:58:24 AM

The higher tax rate in Texas is because we have no state income tax.
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gasrat6083
Champion Author Long Island

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Message Posted: Feb 3, 2012 8:52:43 AM

The solution to everything is taxing.
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Fuggheddabowdit
Veteran Author Phoenix

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Joined:Jul 2008
Message Posted: Feb 3, 2012 8:20:23 AM

LESS Government . . . LESS Spending . . . LESS Spending . . . LESS Spending . . . LESS Fear-Mongering . . . LESS Smoke And Mirrors . . . LESS Disconnection . . . LESS Taxes . . . LESS Green . . . MORE Jobs . . . MORE Jobs . . . MORE Jobs . . . LESS Government . . . LESS Spending . . . LESS Spending . . . LESS Spending . . . LESS Fear-Mongering . . . LESS Smoke And Mirrors . . . LESS Disconnection . . . LESS Taxes . . . LESS Green . . . MORE Jobs . . . MORE Jobs . . . MORE Jobs . . . LESS Government . . . LESS Spending . . . LESS Spending . . . LESS Spending . . . LESS Fear-Mongering . . . LESS Smoke And Mirrors . . . LESS Disconnection . . . LESS Taxes . . . LESS Green . . . MORE Jobs . . . MORE Jobs . . . MORE Jobs . . .
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wildddkattt80
Champion Author Phoenix

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Message Posted: Feb 3, 2012 8:06:28 AM

I can't believe liberals want this. Tax them to death. This is why this country revolted against England and now we are doing the same thing. I would not believe if it was conservatives as well.
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Evilmaddog
Champion Author British Columbia

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Message Posted: Feb 3, 2012 8:03:36 AM

$$$$$
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grandpadon28110
Champion Author Charlotte

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Message Posted: Feb 3, 2012 7:59:51 AM

Taxes are forever.
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doeslayersr
Champion Author Illinois

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Message Posted: Feb 3, 2012 7:57:55 AM

Somehow, I am not surprised at this at all.
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