• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Venango County Tea Party Patriots

A non-partisan, non-profit, non-member, association dedicated to educating the public and promoting the principles of fiscal responsibility, constitutionally limited government and free market economics, and all other lawful activities.

  • Home
  • Events
  • Alerts
  • Resources
    • Resources – National
    • Resources – Pennsylvania
    • Resources – Venango County
    • Election Voter Registration Resources for Churches
    • Voter Resources
    • Resources – Other Organizations
  • Voter Registration Tools
  • Get Email Alerts
  • Contact Us

Jane Richey / March 15, 2012

Marcellus Shale Impact Fees Explained

After years of delib­er­a­tion on the issue, Penn­syl­va­nia leg­is­la­tors passed a bill over­haul­ing the state’s nat­ural gas drilling laws on Feb­ru­ary 8, 2012.

The leg­is­la­tion places an impact fee on every well drilling for gas in the Mar­cel­lus Shale for­ma­tion. The levy will change from year to year based on nat­ural gas prices and the Con­sumer Price Index, but in 2012, drillers will pay $50,000 per-well. (Smaller, ver­ti­cal wells will pay $10,000 this year.)

The bill’s authors esti­mate the fee will gen­er­ate around $180 mil­lion, when pay­ments are turned in on Sep­tem­ber 1. 60 per­cent of the rev­enue will stay at the local level, going to coun­ties and munic­i­pal­i­ties host­ing wells. The rest will go to var­i­ous state agencies.

While the fee is admin­is­tered and col­lected on the state level, coun­ties will decide whether or not to enact it. County com­mis­sion­ers have until mid-April to enact a fee. If any county chooses not to col­lect the money, its munic­i­pal­i­ties will have a 60 day win­dow to over­ride the deci­sion. When more than half of the county’s town­ships and bor­oughs pass a res­o­lu­tion call­ing for a fee, the levy will auto­mat­i­cally be adopted.

Read more.

Share this:

  • Telegram
  • Facebook
  • Twitter
  • LinkedIn
  • Pocket
  • WhatsApp
  • Print
  • Email

Filed Under: Constitutionally Limited Goverment, Free Markets Tagged With: Consumer Price Index, impact fee, marcellus shale, natural gas prices

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Recent Posts

  • Sept. 11, 2022 – Patriot’s Day – 2nd Screening
  • So, what’s VCTPP doing to bring Election Integrity back?
  • April 23, 2022 – VCTPP Monthly Meeting

Archives

Footer

Contact Us

Venango County Tea Party Patriots
155 Summit Drive
Franklin, PA 16323

Phone
814-671-7110

Email
jane@vctpp.org

Frequently Searched Terms

Agenda 21 Barack Obama Ben Bernanke budget climate change Congress Congressional Budget Office debt deficit Department of Energy Department of Health and Human Services economy environment Environmental Protection Agency EPA Federal Reserve fiscal cliff food stamps fracking gas prices global warming Government Accountability Office Governor Corbett green energy Internal Revenue Service IRS Keystone Pipeline marcellus shale Medicaid Medicare natural gas Obamacare President Obama recession regulations sequestration small businesses Social Security spending cuts stimulus taxes TEA Party unemployment United Nations voter ID

Facebook has been “fact-checking,” blocking and removing conservative posts. Follow us on Telegram.org for unedited access.

Click Here

Follow Us

Follow Us

Copyright © 2023 Venango County Tea Party Patriots · Web Design by OptimusMedia.com · Log in