The Pennsylvania House last week passed a new 39-cent tax on the extraction of natural gas. But Senate Republicans do not support the initiative because they believe the “ridiculous” tax rate would push the industry out of the state.

Democrats control the House. They estimate that a severance tax of 39 cents per thousand cubic feet would generate $120.2 million of revenue in fiscal 2011, which began July 1, and $326.1 million in fiscal 2012, according to a fiscal note regarding the legislation.

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