West Virginia Oil and Gas Severance Tax Distribution

Tax MoneyThe Intelligencer out of Wheeling, WV published an article that tells us how much severance tax the oil and gas companies paid to the State of West Virginia in 2014 and how that tax is allocated to the different counties.  There’s some pretty good detail in the article.  It also points out that Wetzel County has gone from being listed as a depressed county to, well, no longer being listed as such.  We suspect that no longer being a “depressed county” really only means that the county government is able to provide all of or most of the services that a county government is expected to provide.  It probably doesn’t mean that every citizen of the county is now rolling in the dough, so to speak.  Still, going from depressed to not depressed is always good.