The Fracking Boom is a Fracking Bubble

Gas prices have plunged to the low $2 range—except in Pennsylvania.
In Pennsylvania, the prices at the pump are in the mid-$2 range.
That’s because Gov. Tom Corbett and the legislature imposed a 28-cent per gallon surcharge tax. Until 2019, Pennsylvanians will be paying an additional $2.3 billion a year in taxes and fees—$11.5 billion total—to improve the state’s infrastructure. In addition to the increased tax on gas at the pumps, Pennsylvania motorists will also be spending more for license registrations, renewals, and title certificates.