Gov. Rendell says the higher-than-expected bids at the state auction of gas-drilling leases this week, along with the fact that Exxon Mobil Corp. paid billions for a drilling company active in Pennsylvania, are evidence the industry can withstand a new tax this year. Rendell, who dropped his proposal to tax natural gas extracted from the Marcellus Shale amid difficult budget negotiations last year, yesterday reiterated his plan to revive the tax as part of his annual budget address Feb. 9.
Tags: Ed Rendell
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