Ohio Oil and Gas Association responds to Kasich administration tax-increase proposal

摘要

Ohio's oil and gas producers have serious concerns and questions about the proposal put forth by the Kasich administration, which includes an increase of the severance tax. Crude oil and natural gas exploration in the state is still in its infancy and increasing the severance tax at this critical juncture will negatively impact the economic future of Ohio and its residents, said OOGA's Executive Vice President Thomas E. Stewart. "For this reason, we oppose a tax increase of any kind, particularly one targeting an emerging industry"