Tax regulations and hydraulic fracturing

In the article, Raymond reviews new state regulations and tax laws that enable and may incentivize hydraulic fracturing (fracking) in North Carolina. He also points to energy and economic indicators that may diminish interest in fracking within the state from large corporations. 

“In addition to the relative scarcity of mineral resources which yield viable natural gas, the overall demand for natural gas logically wanes with the lowering of gas prices,” Raymond writes. “January 2015 marked the lowest gas prices since 2008. Such low prices would naturally lead to less of a corporate incentive to invest in North Carolina fracking since the return on the corporate investment would be substantially lower.”

Read the complete article here. 

Elon Law students created the online Elon Business Law Journal in April 2015 to spotlight current and significant developments in business law. 

Articles published in the Elon Business Law Journal are available here. 

More information about the Elon Business Law Journal is available here.