5 ms·
From the text of the bill it appears the tax break is specifically exempting gas that would otherwise have been flared or vented from a current productive facil
by rattlesnakedave 5y ago
From the text of the bill it appears the tax break is specifically exempting gas that would otherwise have been flared or vented from a current productive facility. It doesn’t look like mining facilities setup on would be shut in wells qualify.
- BoorishBears 5y agoI noticed that too but it feels like a workaround that lets them not have to openly state the fact they're enabling wells to stay open... Say a well would be closed because it's not profitable. Now the gas that would be vented through normal operation and has "no value" is converted to something with value. So the well stays profitable and open when it otherwise wouldn't be able to.