Marcellus Shale

Marcellus Shale

27th February 2011

Marcellus Developers Could Reap W.Va. Tax Benefits

Posted by blogwriter

West Virginia lawmakers are considering tax breaks to encourage development of the state's Marcellus shale natural gas field.

A measure endorsed Wednesday Feb. 23, 2011 by the House Finance Committee would tweak several existing programs to aid drillers and related businesses.

One would extend the life of a tax credit for alternative fuel vehicles, and expand it to include their refueling facilities.

Another program would offer gas companies tax credits for in-state research and development. Read more »