CASPER, Wyo. – Natural gas companies are quick to drill wells and increase production in the Rockies, but they haven’t been as quick to invest in pipelines to export gas out of the region, according to the Wyoming Pipeline Authority.
Based on the authority’s recommendation, state legislators are drafting a bill that would extend a limited severance tax break to producers in hope that it will speed up their investment in pipeline infrastructure.
Gov. Dave Freudenthal has said he doesn’t support the proposed severance tax break, and remains unconvinced that subsidizing pipeline infrastructure will actually speed up construction. But Pipeline Authority officials say they intend to rally pipeline companies and major natural gas producers behind the bill.
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