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2023 Legislative & Regulatory Update

Discover the 2023 legislative updates for the tri-state area consisting of Pennsylvania, West Virginia, and Ohio.

IRS Announces No Marginal Well Tax Credit for 2022 Tax Year

Learn more about Notice 2023-41, announcing that the increase in price of natural gas the Marginal Well Credit is completely phased out.

IRS Introduces Safe Harbor Method for Accounting Expenses in Natural Gas Infrastructure

Learn more about the recently issued Revenue Procedure 2023-15 that introduces a new safe harbor method of accounting.

Convenience Stores Should Start to Adapt to a Less Fuel Dependent Future

Read about the United States' transition from internal combustion engines to vehicles powered by other sources of fuel and how it will affect convenience store operators.
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Postcard from the PIOGA and Washington County Chamber of Commerce

Learn more about the divide in the Pennsylvania legislative environment and what's to come in the future.

Sales and Subleases of Unproved Properties

Learn more about acquiring nonessential unproved property and key aspects to mineral conveyances.

Bring Extra Water to Put Out That EV Fire

Learn more about the fire hazard electric vehicles have and what to think about before going electric.

EVs Are Zero Emissions? Not!

Learn more about how EVs are not zero emission and what the outstanding questions are around EVs.
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Will a Gas Tax Holiday Aid in Lowering the Price of Gas?

Learn more about the proposed gas tax holiday that would temporarily suspend federal taxes of 18 cents and 24 cents per gallon for regular gasoline and diesel fuels.

Effects of Rising Natural Gas Prices

Learn more on what drives forward natural gas prices and corresponding accounting and audit concerns to consider.
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