Sentence examples for severance tax from inspiring English sources

'severance tax' is correct and usable in written English.
You can use it to refer to a tax on industries that extract resources from the land such as oil, gas, and minerals. Example: The state recently imposed a severance tax on oil producers in the region.

Dictionary

severance tax

noun

A state tax on the extraction of nonrenewable natural resources (such as minerals, petroleum, or natural gas) that will be used in another state.

Exact(59)

New Mexico, $156.3 million of severance tax revenue bonds.

The purpose of this paper is to model the horizontal well severance tax exemption for Haynesville shale gas wells to quantify its impact and the manner in which severance tax revenues are split between the operator and government.

A discussion of policy issues and trade-offs in Louisiana's horizontal severance tax exemption and implementation is provided.

One option that other states are using is a severance tax levied on gas drillers.

The break cuts the amount of severance tax paid by many gas companies.

To pay for the textbooks, Long first proposed increasing the severance tax on oil, timber, and sulfur.

In 2011, the Haynesville shale contributed 60% to the state's gas production, and the impact of the horizontal severance tax exemption on revenue collection has been significant.

Under the Speaker's proposal the state would essentially borrow the funds needed to balance the budget and pay it back over time through an oil severance tax.

(The money from the coal severance tax goes to a fund that helps support new industries, said Al Mattingly, the judge executive for Daviess County).

Using three multi-well lease examples from Louisiana׳s Haynesville shale, we compare the decline curve and fixed allocation methods and demonstrate that the techniques yield broadly similar results in severance tax exemption computations and estimates of expected recovery volumes.

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Similar(1)

What really made the center possible was severance tax-sharing legislation passed by the Ky.

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