Energy Environmental Blog

PA Fee Proposal

Written by Greg Russell | Nov 15, 2011 1:06:16 PM

The Pittsburgh Post-Gazette is reporting that a Pennsylvania Senate committee has re-inserted into pending legislation a substantial annual fee on natural gas producers:  "The new impact fee proposal would assess an initial base cost of $50,000 per well, which would decrease annually until years 11 through 20 that a well is producing, with a cost then of $10,000 per well. That price tag would increase if natural gas prices rise."

Come to Ohio!