More than 70 percent of new homes use natural gas rather than heating oil. And as environmental restrictions are tightened, that number is likely to grow. That's good news for Kentucky. Daugherty, president and CEO of a Lexington natural resources development company, said Appalachian gas is of a higher quality than gas from other regions and therefore draws a higher price. When gas is taken from the ground, the producer pays a 4.5 percent tax.
Half goes to the state and half goes back to the county of origin.
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