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Drill in West Virginia?

By Greg Russell

The WSJ is reporting that West Virginia's Department of Environmental Protection (DEP) is asking for a more than 10-fold increase in its permitting fees for producers looking to drill horizontal wells in the Marcellus Shale:  "DEP has proposed increasing the fee to $10,000, in legislation introduced Monday. Huffman said the resulting revenues would fund the additional inspectors needed, while also covering costs of other regulatory provisions in that bill."

That's up from $650.  Ouch.

Tags: Energy

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