A Daily Mail editorial from the Charleston Gazette-Mail
CHARLESTON, W.Va. — An additional 700 million cubic feet of natural gas is now being transported each day from north-central West Virginia to markets across the United States, thanks to the newly completed Stonewall Gas Gathering Pipeline, reports the Exponent Telegram of Clarksburg.
The pipeline will carry up to 1.4 billion cubic feet of gas daily once fully operational, Zach Tuggle wrote.
That’s great news for West Virginia, a state that is seeing its revenue from severance taxes on energy reduced dramatically due to low prices on coal, oil and natural gas.
Those low energy prices, while good for drivers refilling their autos and homeowners paying utility bills, don’t help the state’s declining revenue situation.
A way to boost revenue from natural gas severance taxes, however, is to build more pipelines.