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WVONGA, Senate President react to governor’s suggestion of special session to address oil and gas

By ANDREA LANNOM

The Register-Herald

CHARLESTON, W.Va.  — Following Gov. Jim Justice suggesting he would like to see a special session to deal with energy issues and would likely veto a co-tenancy bill as it stands, the West Virginia Oil and Gas Association (WVONGA) voiced its concerns with the governor’s proposal.

Anne Blankenship, executive director of WVONGA, said the organization is “very concerned” with Justice’s statements on a severance tax increase and a possible veto of the co-tenancy bill. Justice said in a town hall on Monday that he would like to see a special session on co-tenancy and joint development.

Justice suggested via Twitter of adding a 2 to 2.5 percent severance tax to the co-tenancy bill, which is not currently in the bill pending before the Senate.

“I believe there is a chance of your PEIA being fixed permanently by a severance tax on oil and gas if we have a special session.” Justice tweeted Monday.

The co-tenancy bill would allow development of oil and natural gas resources if three-fourths of property owners of the same piece of property agree.

Read the entire article: http://www.register-herald.com/news/state_region/wvonga-senate-president-react-to-governor-s-suggestion-of-special/article_15179e1b-6f75-5ddc-9ad6-463755f8aa01.html

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