Severance Tax

Wyoming

Cash-Strapped Wyoming Towns Face Existential Threat

With the decline of the fossil fuel industry and the economic effects of COVID-19 further gutting the state, Wyoming and some of its small cities are facing dire fiscal consequences.

November 9, 2020 - Casper Star-Tribune

Fracking

Gov. Newsom's Phase-out of Oil Production Prompts Backlash in Kern County

Almost 80% of oil extraction in the nation's sixth largest oil-producing state occurs in Kern County. Supervisors see the California governor's climate plan to reduce oil production as a threat to the county's economic well-being.

December 17, 2019 - The Bakersfield Californian

Oil Rigs

Report Details Strategies for Energy States to Weather Booms and Busts

Some states relied more on the most recent energy boom than others, and some prepared more for the inevitable bust. A report by the Brookings Institution recommends actions for energy states to build resilience in the face of boom and bust cycles.

May 4, 2016 - Governing

The Case for an Oil Severance Tax

After Big Oil killed the oil reduction mandate in climate legislation and with a critical transportation bill stalled by anti-tax Republicans, Los Angeles Times political columnist George Skelton opines that taxing oil extraction could pay for roads.

September 21, 2015 - Los Angeles Times

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