Energy & Economic Development

September 3, 2019 by Ted Boettner
Misusing Data on West Virginia’s Economic Recovery

While West Virginia has experienced positive job growth over the last two years, it is imperative that we don't use employment data incorrectly so we can have a full understanding of how West Virginia's economy is rebounding.  Unfortunately, the WV Chamber of Commerce keeps misusing employment figures to overstate West Virginia's economic recovery. And even worse,…

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July 16, 2019 by Sean O'Leary
Is West Virginia the 45th Best State for Business?

Last week, the WV Chamber of Commerce celebrated West Virginia's improving business climate, according to the CNBC Best States for Business rankings. According to the Chamber, West Virginia's improvement from 48th to 45th is proof that the Chamber's preferred policies are working. CNBC's rankings is one of several in a long line of business climate…

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July 15, 2019 by Ted Boettner
It’s Not Too Late to Fix Our Future

A recent article in Vox by David Roberts highlights how a coal mining bust in Wyoming is resulting in "vulture capitalism" as investors buy up bankrupt coal mines while coal executives receive large bonuses and the communities in Wyoming struggle with thousands of laid off workers, lost pensions, environmental degradation, and an undiversified economy. This…

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July 5, 2019 by WVCBP
Jobs and Risk — Atlantic Coast Pipeline Shutdown Divides W.Va.

West Virginia Public Broadcasting - When life long Valley Head resident Melissa Wilfong first heard that the 600-mile Atlantic Coast natural gas pipeline was going to be constructed just a few miles from her community, she wasn’t happy. “My first thought was, ‘oh no, they're going to just tear up everything and be a nuisance,’” she…

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July 1, 2019 by WVCBP
Companies, County Officials Wait to See Fallout from Natural Gas Tax Decision

Charleston Gazette-Mail  – Earlier this month, the West Virginia Supreme Court ruled in a case in which local tax departments and gas companies battled over the way property taxes should be calculated. But the companies and counties are still trying to figure out how they’ll be affected by the court’s decision. Read article. Ted Boettner, executive…

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June 27, 2019 by Sean O'Leary
Be Careful Not to Confuse Volatility With Growth

Governor Justice once again drew attention to a strong quarter of personal income growth for the state, with WV having the highest 2019Q1 personal income growth in the country. But, as was the case the last time the governor highlighted this particular statistic, there is more to the story than one quarter's worth of data…

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May 30, 2019 by Ted Boettner
Governor’s Jobs Story Doesn’t Jibe With the Data

Governor Justice is touting recently released state unemployment figures to conclude that West Virginia has the "best job rate in 11 years" and "record-setting job growth". A clear understanding of the data tells a very different story, where West Virginia's economy is performing worse than the rest of the country since he took office and…

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March 29, 2019 by Sean O'Leary
Natural Gas Property Tax Case Could Costs Local Governments Millions

The State Supreme Court heard several cases earlier this month on oil and natural gas property taxes that could have a significant impact on local government and school district finances, and also potentially impact the state budget. At issue is how the State Tax Department calculates production expenses on natural gas wells. When valuing oil and…

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February 7, 2019 by Sean O'Leary, Ted Boettner
West Virginia Shale Development Falls Short of Economic Promise

The nearly six-fold increase in West Virginia’s natural gas production in the last decade, due largely to shale development, or fracking, has fallen short of expectations for economic growth, job creation, and tax revenue generation, according to a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) and the West Virginia…

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August 22, 2018 by Sean O'Leary
New Energy Regulations Won’t Bring Back WV Coal

The Trump administration unveiled its replacement of the Obama Administration's Clean Power Plan (CPP), the Affordable Clean Energy (ACE) rule. The goal of the CPP was to help curtail the harmful pollution caused by emissions from generation of electricity, particularly from coal-fired power plants, which is causing severe environmental and health problems throughout the world. While some view the…

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