Since 2012, Kasich has been demanding Republicans in the Ohio General Assembly increase the severance taxes energy companies—and often, landowners—must pay when oil and gas are extracted from Ohioans’ property.

In the report, Mayer explained that low oil prices and production guarantee a severance tax hike would not be the revenue source Kasich has been counting on. And even without Kasich’s tax hike, low prices and production are already driving energy companies from Ohio.

“It is critical to put Ohio’s energy production in perspective,” Mayer wrote after citing recent layoffs in the industry.

“According to Baker Hughes Rig Count, there are currently 46 drilling rigs in Ohio, as there are 839 in Texas, 209 in Oklahoma, 169 in North Dakota, 109 in Louisiana, and 53 in Pennsylvania,” he explained.

“More importantly, according to the U.S. Energy Information Administration, the Utica Shale oil production numbers compared to the Permian, Eagle Ford and Bakken formations are insignificant,” he continued. Much of eastern Ohio sits atop the Utica Shale formation.

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