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County governments in seven southern West Virginia counties will receive more than $8 million from property taxes on oil and natural gas production. 

Taxes will provide county governments with more than $96 million for local school systems and community services, according to a Monday news release from the West Virginia Oil and Natural Gas Association. WVONGA serves the entire oil and natural gas industry, including organizations involved in construction, environmental services, drilling, transporting, distribution and processing.

Charleston, WV – Property taxes on oil and natural gas production will provide county governments in West Virginia with just over $96 million to fund local school systems and vital community services. The information is based on data from the West Virginia Division of Tax & Revenue.

“All counties in the state receive a portion of severance tax monies from oil and natural gas production.  Additionally, those counties where natural gas and oil production is occurring have received hundreds of millions of dollars in the way of property tax receipts over the past several years,” said Anne Blankenship, Executive Director of the West Virginia Oil & Natural Gas Association (WVONGA).  “Although the amount of property taxes may fluctuate year over year due to many factors including commodity prices, West Virginia producing counties continue to receive significant funds generated from the development of our oil and gas resources.”

Here are a few of my favorite things: heat and air conditioning, my car, refrigerator and killer stereo.

I also love lights, though I wish my kids would learn how to turn them off. The two times we lost power for a week — once during an ice storm — convinced me I would have been one sorry cave man.

That’s why I support construction of the Atlantic Coast Pipeline, the 600-mile natural gas pipeline that would deliver 1.5 billion cubic feet of natural gas per day to Virginia and North Carolina.

Without a doubt, West Virginia is one of the most important energy producing states in the country. From our world class reserves of coal to our growing output of oil and natural gas, our state has tremendous potential to help our country become energy independent and put West Virginians back to work in family-supporting jobs.

It was not that long ago that pressure from Washington, D.C., attempted to strangle all aspects of energy production and transmission in our state. Trying to keep West Virginia’s energy resources in the ground — for purely political reasons — would have helped to put West Virginians out of work, helped create an unstable state budget and made our state unfriendly to businesses that need reliable, affordable energy.

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