Pittsburgh Post Gazette: Shale gas impact fees raise $252 million, breaking record

By rbrocious In News

Pennsylvania’s impact fee on natural gas wells yielded its highest payout to date this year, the Public Utility Commission said Thursday.

The annual fee levied on wells tapping the state’s gas-rich Marcellus and Utica shales raised $243 million for 2018, plus $8.9 million in back fees from companies that had withheld payments for several years while courts decided which low-producing “stripper” wells were exempt from the law.

Read more from the Pittsburgh Post Gazette here.