Tag Archives: rely

Major fossil fuel-producing states rely heavily on severance taxes

August 21, 2015 Source: U.S. Census Bureau, include a wellhead impact fee that was in place instead of a severance tax. Several states that produce large amounts of fossil fuels rely heavily on severance tax revenue—taxes based on the volume and/or value of oil, natural gas, coal, and other natural resources. On average, severance taxes […]

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